Which of the following describes a function of a Pricing Engine?

A Pricing Engine primarily focuses on the function of calculating asset prices. It uses various models and algorithms to determine the value of financial instruments based on market conditions, historical data, and other relevant inputs. This calculation process is essential for traders and investors to make informed decisions about buying and selling assets.

While executing trades, storing historical data, and generating compliance reports are important functions in the broader scope of financial systems and trading platforms, they do not fall under the main responsibilities of a Pricing Engine. Executing trades pertains to transaction management, storing historical data involves data warehousing, and generating compliance reports is associated with regulatory adherence and reporting. Each of these functions is crucial for the overall trading process but does not directly involve the core function of calculating prices, which is the primary role of a Pricing Engine.