Applying the Lessons of the Virtual Battlefield to Financial Modelling - Investigating Innovative use of Distributed Simulation

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The development of Distributed Simulations is recognised as an increasingly important part of training, scientific modelling and acquisitions in the defense community. While the benefits of simulation are well understood the actual development costs and complexity remain prohibitive, requiring expert programming skills and training. These limitations are greatly impeding the wider adoption of simulation in the broader business community. To address these issues this proposal investigates the means of applying simulation technologies to a domain in which user-configurable desktop tools, such as spreadsheets and word processors, are more the norm - for example financial modelling. We aim to extend the development of tools and techniques that support the desktop use of simulation and to assess the relative merits of these approaches. Our eventual goal is to provide approachable simulation services, without adversely compromising their inherent power, to a far wider range of application domains.