Simulations

The Oxyor web-based simulations are the ultimate learning and assessment tool. They provide participants with an unrivalled opportunity to learn and apply theory into practice in a safe environment.

Oxyor has developed simulations that guarantee the optimal learning experience for all levels of learners. Our simulations are designed to portray real life situations and aspects of a specific segment of the financial industry. All in a safe environment with integrated theory and knowledge transfer. We have an ongoing development team that ensures that our simulations are continuously updated according to current developments in the industry, global markets and economy.

Our range of simulations

Our portfolio of simulations covers a wide spectrum of the financial markets:

  • MarketTrader - Be a market maker in a dealing room for a day
  • OptionTrader - Be an option market maker in a dealing room for a day
  • PortfolioTrader - Manage an investment portfolio in real-time over several weeks
  • PortfolioManager- Sit in the chair of fund manager and manage a global investment portfolio
  • BankManager - Manage the balance sheet of a bank during a full economic cycle
  • CreditManager - A day in the life of a credit risk manager at a bank
  • InsuranceManager -Manage the balance sheet of an insurance company during a full economic cycle
  • PensionManager - Manage the balance sheet of a pension fund during a full economic cycle

Integration

The simulations could form an integral part of financial courses, but can also be delivered separately. Depending on your (training) organisation’s needs, they can be incorporated into your customised programmes.

What is a simulation?

A simulation attempts to copy various activities from "real life" in the form of a game for various purposes such as training, analysis or prediction.

One of the most frequent concerns that is voiced about simulations is simply one of definitions: what is a simulation? Is it the same as a game, or a role play? Is it problem- or enquiry-based learning? Does it imply something particular?

In simple terms, a simulation is a re-creation of a real-world situation, designed to explore key elements of that situation. It is a simplification of some object or process that allows participants to experience that object or process.

However, beyond that very broad definition, simulations are what you make of them.

Why simulations?

" The brain's ability to learn in this way makes a biological case for the use of simulations and case studies as tools in your quest for development as a leader. Such approaches not only promise effective ways of learning but are also potentially very efficient. You can conceivably gain the brain benefit of other people's long-term direct experience through, for example, short-term exposure to simulation. Simulated experiences can establish neural readiness for real experiences."

Harvard Business Review November 2007