QPRLib (Quantitative Pricing Risk Library) is a pricing and risk measurement library developed for the Chinese financial derivatives market, which can be used to price and value specific equity and fixed income OTC derivatives, such as structured snowball products, convertible bonds, etc. The project is ongoing and we expect the final QPRLib library to have the following capabilities:

1. Ability to handle a full range of financial derivative instruments (e.g. fixed income products, over-the-counter equity structured products, etc.);
2. Different models for the same product class are available to users for model validation and comparison of pricing results (e.g. volatility models for different classes);
3. Complete full chain analysis framework, including product construction, model calibration, pricing and valuation, risk analysis, etc.;
4. Portfolio analysis, including NPV, DV01, P\&L, VaR, etc.;
5. Diverse interfaces and seamless IT integration;
6. Easy access to real time data and historical data;