ISDA publishes J.P.Morgan's CDS Analytical Engine as Open Source Code

A month ago ISDA has announced that it will make J.P.Morgan’s CDS Analytical Engine available as open source code and now it is available for download from http://cdsmodel.com/

The code is a pure C and is split into two parts – low level analytical functions for pricing CDS (with usual stuff: calendar, date manipulation and zero curve functions) and a high level code for Excel interface (XLL).

So now any quant or a quant developer can compare their CDS pricers to THE STANDARD.

update:

A few links where leading quant communities are talking about that event:

http://nuclearphynance.com/Show%20Post.aspx?PostIDKey=126181

http://www.quantnet.org/forum/showthread.php?t=4188

http://www.wilmott.com/messageview.cfm?catid=3&threadid=66728

update:

it might be a worthwhile to create a managed wrapper for JPM CDS pricing functions using Excel4Net