Advances in Computational Finance and its Application in Distributed Systems

计算金融的进展及其在分布式系统中的应用

• 批准号: RGPIN-2015-05618
• 负责人: Thulasiram, Ruppa
• 金额: $ 1.31万
• 依托单位: University of Manitoba
• 依托单位国家: 加拿大
• 项目类别: Discovery Grants Program - Individual
• 财政年份: 2019
• 资助国家: 加拿大
• 起止时间: 2019-01-01 至 2020-12-31
• 项目状态: 已结题
• 来源: https://www.nserc-crsng.gc.ca/ase-oro/Details-Detailles_eng.asp?id=676832
• 关键词: Advances; Computational; Finance; its; Application

Many world economies seem to be slowly recovering following the 2008 market crash. However, due to their inter-dependence, there is still the looming danger of recession in some developed countries such as Germany. This is happening even after new regulations such as the Dodd-Frank reform and consumer protection act required all Derivative instruments to be collateralized to eliminate counter-party risks. Options are one of the common derivative instruments and pricing options is the backbone of research problems in finance. ***Dr. Thulasiram's research program spans into areas that are seemingly unrelated to each other such as financial derivatives, distributed resource management. With carefully designed methodologies and technical approaches, his research has discovered the existence of some fundamental principles that connect these fields. The mathematical and computing components of his research in the past helped discover some of the hidden links and is the impetus for the current mission to further uncover such hidden relationships among them, thereby benefiting all these fields. Through this new research initiative he plans to train a fresh class of high quality research personnel in Canada. ***Dr. Thulasiram's research will use modern computers and advanced computational techniques inspired from the natural world to study problems in finance. His research will allow for better understanding of the behaviour of some of the financial instruments. The research results will help speed up the decision making process for investments, hence to avoid potential financial losses for millions of investors. This research can be used in common computing platform such as Cloud for resource pricing for services. Cloud is a distributed system where services such as memory, data storage, bandwidth etc., are available any time any wherer as a pay-as-you-go model. ***In essence, Dr. Thulasiram's research results will answer some newly aroused questions in financial markets and on commonly used Cloud resources such as: (i) What could be the relationship between finance and Cloud computing? (ii) Is there any opportunity to profit investing in a particular derivative instrument? (iii) How can one (individual or organization) evaluate the value-at-risk to continuously balance their financial health? (iii) How can the market volatility be precisely measured for profit making opportunities? (v) Are consumers paying a fair price for the Cloud resources they rent? (vi) How can one eliminate risks involving acquired versus rented resources? (vii) How can a service provider guarantee profit for their business while satisfying the quality of service for customers? (viii) How can providers expand their business for optimum utilization of their resources? (ix) Can Cloud be used for financial derivatives advisory services without compromising the privacy of the investor and security of the investment instruments?**

在2008年的市场崩溃之后，世界上许多经济体似乎正在缓慢复苏。然而，由于相互依赖，一些发达国家，如德国，仍然面临着经济衰退的危险。即使在多德-弗兰克（Dodd-Frank）改革和消费者保护法案等新法规要求所有衍生工具都必须进行抵押，以消除交易对手风险之后，这种情况仍在发生。期权是一种常见的衍生工具，期权定价是金融学研究问题的主干。* * *博士。Thulasiram的研究项目涵盖了金融衍生品、分布式资源管理等看似无关的领域。通过精心设计的方法论和技术方法，他的研究发现了连接这些领域的一些基本原理的存在。他过去研究中的数学和计算成分帮助发现了一些隐藏的联系，并推动了当前的任务，进一步揭示这些隐藏的联系，从而使所有这些领域受益。通过这项新的研究计划，他计划在加拿大培养一批新的高素质的研究人员。* * *博士。Thulasiram的研究将使用现代计算机和受自然界启发的先进计算技术来研究金融问题。他的研究将有助于更好地理解某些金融工具的行为。研究结果将有助于加快投资决策过程，从而避免数百万投资者潜在的经济损失。本研究可用于云计算等通用计算平台的服务资源定价。云是一个分布式系统，其中的服务，如内存、数据存储、带宽等，可以随时随地以即用即付的模式使用。从本质上讲，Thulasiram博士的研究成果将回答金融市场和常用云资源中一些新出现的问题，例如：(i)金融与云计算之间可能是什么关系？（ii）投资某一特定衍生工具是否有机会获利？㈢一个人（个人或组织）如何评估风险价值以持续平衡其财务健康状况？（三）如何精确地衡量市场波动以获得盈利机会？(v)消费者是否为他们租用的云资源支付了公平的价格？（vi）如何消除涉及获得资源和租用资源的风险？（七）服务提供商如何在满足客户服务质量的同时保证业务利润？供应商如何扩大其业务以最适当地利用其资源？（ix）能否在不损害投资者隐私和投资工具安全的情况下将云用于金融衍生品咨询服务？**