<s>
Rmetrics	B-Application
is	O
a	O
free	B-Application
,	O
open-source	B-Application
and	O
open	B-Application
development	I-Application
software	O
project	O
for	O
teaching	O
computational	O
finance	O
.	O
</s>
<s>
Rmetrics	B-Application
is	O
based	O
primarily	O
on	O
the	O
statistical	O
R	B-Language
programming	I-Language
language	I-Language
,	O
but	O
does	O
contain	O
contributions	O
in	O
other	O
programming	O
languages	O
,	O
Fortran	B-Application
,	O
C	B-Language
,	O
and	O
C++	B-Language
.	O
</s>
<s>
Most	O
Rmetrics	B-Application
components	O
are	O
distributed	O
as	O
R	B-Language
packages	I-Language
,	O
which	O
are	O
add-on	O
modules	O
for	O
R	B-Language
.	O
</s>
<s>
to	O
provide	O
widespread	O
access	O
to	O
a	O
broad	O
range	O
of	O
powerful	O
statistical	O
and	O
graphical	B-Application
methods	O
for	O
the	O
analysis	O
of	O
market	O
data	O
and	O
risk	O
management	O
in	O
finance	O
.	O
</s>
<s>
to	O
provide	O
a	O
common	O
software	B-Device
platform	I-Device
that	O
enables	O
the	O
rapid	O
development	O
and	O
deployment	B-Application
of	O
extensible	B-Application
,	O
scalable	B-Architecture
,	O
and	O
interoperable	O
software	O
.	O
</s>
<s>
Rmetrics	B-Application
and	O
the	O
R	B-Language
package	O
system	O
provides	O
a	O
broad	O
range	O
of	O
advantages	O
to	O
the	O
Rmetrics	B-Application
project	O
including	O
:	O
</s>
<s>
a	O
high-level	O
interpreted	B-Application
language	I-Application
in	O
which	O
one	O
can	O
easily	O
and	O
quickly	O
prototype	O
new	O
computational	O
methods	O
.	O
</s>
<s>
It	O
can	O
address	O
the	O
diversity	O
and	O
complexity	O
of	O
computational	O
finance	O
and	O
financial	O
engineering	O
problems	O
in	O
a	O
common	O
object-oriented	B-Language
framework	I-Language
.	O
</s>
<s>
It	O
supports	O
a	O
rich	O
set	O
of	O
statistical	O
simulation	B-Application
and	O
modeling	O
activities	O
.	O
</s>
<s>
It	O
contains	O
cutting	O
edge	O
data	B-Application
and	I-Application
model	I-Application
visualization	I-Application
capabilities	O
.	O
</s>
<s>
It	O
has	O
been	O
the	O
basis	O
for	O
pathbreaking	O
research	O
in	O
parallel	B-Operating_System
statistical	I-Operating_System
computing	I-Operating_System
.	O
</s>
<s>
The	O
Rmetrics	B-Application
project	O
has	O
a	O
commitment	O
to	O
full	O
open	O
source	O
discipline	O
,	O
with	O
distribution	O
via	O
a	O
SourceForge.net-like	O
platform	O
.	O
</s>
<s>
All	O
software	O
contributions	O
are	O
expected	O
to	O
exist	O
under	O
an	O
open	O
source	O
license	O
such	O
as	O
GPL2	B-License
,	O
Artistic	B-License
2.0	I-License
,	O
or	O
BSD	B-Operating_System
.	O
</s>
<s>
To	O
encourage	O
users	O
to	O
join	O
the	O
Rmetrics	B-Application
project	O
,	O
either	O
by	O
contributing	O
Rmetrics	B-Application
compliant	O
packages	O
or	O
documentation	O
.	O
</s>
<s>
The	O
is	O
hosted	O
by	O
R-forge	O
.	O
</s>
