2006-10-12

ObjectLabKit 1.0.1: Date Calculators for Business and Finance

ObjectLabKit 1.0.1: Date Calculators for Business and Finance: "ObjectLab has announced the release of version 1.0.1 of ObjectLab Kit for Java 1.5, available for download via SourceForge or the Maven Central Repository.

The Kit provides Date Calculators and comes in two versions: one based on pure JDK (1.5) and one based on the Joda-time library (1.3+, JDK 1.5). The library is live in a UK & international Bank in the Credit Derivatives department.

The DateCalculator implementation is intended for any business, while the other two interfaces are more specific to the financial industry. The most common function of a lot of banking or business applications is the handling of holidays and weekends; a set of standard rules are implemented to deal with days falling on a holiday. The library concentrates of the date manipulation and calculations.

ObjectLab Kit provides the implementation of three interfaces:

* DateCalculator for all date calculation and handling of weekends or holidays
* PeriodCountCalculator for calculating differences between two dates in days, months or years according to some financial algorithms
* IMMDateCalculator to calculate the International Money Market dates

ObjectLab has used and participated in several open source projects. ObjectLab is also sponsoring QALab, a tool that keeps track over time of the static analysis results from Fin"

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