diff --git a/dev-libs/quantlib/Manifest b/dev-libs/quantlib/Manifest
index e9b05d5771fba..ca0d4de46aeaa 100644
--- a/dev-libs/quantlib/Manifest
+++ b/dev-libs/quantlib/Manifest
@@ -1 +1,2 @@
 DIST QuantLib-1.6.tar.gz 8714267 SHA256 a135d424a59cbb00a75d7f7ac3a181d49e804abae1776b555ec0183e309f81ce SHA512 c38cc894873a36942c022c1d70eb7b0c5f2e9208ee9e949a656aef02fb9fe95436955b560b61188ea5a374f4b7674b46629178779e066135396f291788d772c4 WHIRLPOOL 5d94afd8f608ef81c207921f5b7b8237ea2eaca71844fe27206d4b0e7ed77e99d4c9e5c2e6c74649e82a95ca5d3fb8528e6c8ee929a849a7254cbee41ab9607e
+DIST QuantLib-1.7.1.tar.gz 8715844 SHA256 b5dc38ae51ad7396ccf7358147753902838ce2870dd6e6a4d829c806db3e0a81 SHA512 8ba4fdb219b2886b448dbc6370ce6acec9f919a6baf7e8275a76ba13e0bf2d08cbb88cd5a3e450bcf379c17bd0492a9259483089de65e24b95d708f259bc30a7 WHIRLPOOL 3a32d47d81716f3a8fd1214f3be6554c00da2c828412feb46382b809a1f7a8046be9c790eaf8435451e0f503ef9771a5ce0e14effbe8d48c4f599dbc64bb1409
diff --git a/dev-libs/quantlib/quantlib-1.7.1.ebuild b/dev-libs/quantlib/quantlib-1.7.1.ebuild
new file mode 100644
index 0000000000000..59f84b429f10c
--- /dev/null
+++ b/dev-libs/quantlib/quantlib-1.7.1.ebuild
@@ -0,0 +1,93 @@
+# Copyright 1999-2016 Gentoo Foundation
+# Distributed under the terms of the GNU General Public License v2
+# $Id$
+
+EAPI=6
+
+inherit elisp-common eutils toolchain-funcs
+
+MY_P="QuantLib-${PV}"
+
+DESCRIPTION="A comprehensive software framework for quantitative finance"
+HOMEPAGE="http://quantlib.org/"
+SRC_URI="mirror://sourceforge/${PN}/${MY_P}.tar.gz"
+
+LICENSE="BSD"
+SLOT="0"
+KEYWORDS="~amd64 ~x86"
+IUSE="debug doc emacs examples openmp static-libs"
+
+RDEPEND="dev-libs/boost:="
+DEPEND="${RDEPEND}
+	doc? ( app-doc/doxygen[dot] )
+	emacs? ( virtual/emacs )"
+
+DOCS="*.txt"
+
+S="${WORKDIR}/${MY_P}"
+
+SITEFILE="50${PN}-gentoo.el"
+
+pkg_setup() {
+	if use openmp ; then
+		tc-has-openmp || die "Please switch to an openmp compatible compiler"
+	fi
+}
+
+src_configure() {
+	# NOTE: Too fragile for single .pdf or .ps document
+	local prog
+	for prog in DVIPS LATEX MAKEINDEX PDFLATEX; do
+		export ac_cv_path_${prog}=no
+	done
+
+	use doc || export ac_cv_path_DOXYGEN=no
+	use emacs || export ac_cv_prog_EMACS=no
+
+	# NOTE: --enable-examples will only change noinst_PROGRAMS to bin_PROGRAMS
+	econf \
+		$(use_enable debug error-functions) \
+		$(use_enable debug error-lines) \
+		$(use_enable debug tracing) \
+		$(use_enable openmp) \
+		$(use_enable static-libs static) \
+		--enable-examples \
+		--with-lispdir="${SITELISP}/${PN}"
+}
+
+src_compile() {
+	default
+
+	if use doc; then
+		pushd Docs >/dev/null
+		emake docs-html
+		popd >/dev/null
+	fi
+}
+
+src_install(){
+	default
+	prune_libtool_files
+
+	if use doc; then
+		find Docs \( -name '.time-stamp*' -o -name '*.doxy' -o -name 'Makefile*' \) -delete || die
+		dodoc -r Docs
+	fi
+
+	if use examples; then
+		find Examples -name '.libs' -exec rm -rf {} + || die
+		find Examples \( -name '*vc*proj*' -o -name '*.dev' -o -name 'Makefile*' -o -name '*.o' \) -delete || die
+		insinto "/usr/share/doc/${PF}"
+		doins -r Examples
+	fi
+
+	use emacs && elisp-site-file-install "${FILESDIR}/${SITEFILE}"
+}
+
+pkg_postinst() {
+	use emacs && elisp-site-regen
+}
+
+pkg_postrm() {
+	use emacs && elisp-site-regen
+}