Visual Numerics announced PV-Wave 7.5

Boulder 07 August 2001 The two major enhancements in Version 7.5 are OpenGL support via VTK (The Visualization ToolKit), an Open Source, freely available software system developed by Clifton Park, New York-based Kitware, that provides 3D graphics, image processing, and advanced visualization; and the addition of 77 new CNL functions, including 50 that were specifically designed for the finance and insurance industries.

PV-WAVE 7.5 delivers high-level 3D interactive visualization techniques using OpenGL. Included are more than two dozen new functions that allow access to Kitware's VTK, both at a high-level for ease-of-use, and through low-level routines that facilitate the creation of more complex, specialized visualizations.

With this release, PV-WAVE will provide the high-level 3D interactive visualization techniques commonly associated with OpenGL without burdening its users with having to learn hundreds of low-level commands. The integration of VTK into PV-WAVE provided the optimum solution. PV-WAVE users are now able to produce accelerated graphics in their applications without learning a new programming paradigm or understanding the intricacies of OpenGL. The new plotting functions are very similar to the existing PV-WAVE 2D and 3D plotting functions.

This new functionality gives users all of the benefits of the Visualization Toolkit, including:

  • A wide variety of visualization algorithms including scalar, vector, tensor, texture, and volumetric methods;
  • Advanced modeling techniques such as isosurfaces, streamlines, implicit modeling, cutting planes, swept surfaces, hedgehogs, glyphs, texture mapping, clipping transparency, and Delaunay triangulation;
  • Many imaging algorithms allowing mixing of 2D imaging, 3D graphics algorithms and data.

PV-WAVE 7.5 includes 50 new financial analysis functions from Visual Numerics' IMSL C Numerical Library. This new functionality is designed to help brokerage firms or insurance companies, for example, perform financial modeling to analyze various risk factors associated with their business. Included are routines for calculating depreciation of assets, internal rates of return, bond amortization, and net present values.

In addition, PV-WAVE 7.5 features new statistical analysis functionality, including enhanced random number generators and a Kalman filter. Kalman filters are useful in a variety of applications including navigation, surveying, vehicle tracking, geology, oceanography, fluid dynamics, and demographic estimation.

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