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A real time financial system based on grid and cloud computing

Published: 08 March 2009 Publication History

Abstract

Cloud computing is gaining popularity to the extent that the new "XaaS" service category introduced will gradually take the place of many types of computational and storage resources used today. In this regard, grid computing, on which the large scale supply of cloud services is based, will play a key role in defining how those services will be provided.
This paper concerns the analysis and preliminary design of a real time financial system that relies on cloud computing technologies for performing macroeconomic analysis and forecasts of the financial markets and their instruments.
Cloud and grid paradigms generate different added values. Some of these are examined in the paper, for instance the use of an Instruction Set to interact with the Grid.
This work uses the results obtained in the Cybersar Project managed by the COSMOLAB Consortium (Italy). The system analyzed and described herein will be implemented in the Cybersar Computational Grid by autumn 2009.

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Barroso, L. A., Dean, J., Holzle, U. Web search for a Planet: the Google Cluster Architecture. Micro, IEEE, March-April 2003, 22--28.
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Dan, M., The Business Model of Software-As-A-Service. In Proceedings of the International Conference on Service Computing, 2007, 701--702.
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Guo-wen, H., Young, W. Chaos and Complexity in the Cumulative Effect of Financial Innovation. In Proceedings of the International Conference on Management Science and Engineering, Harbin, 2007, 1635--1640.
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Hu, J., Zhong, N. Developing Mining-Grid Centric e-Finance Portal. In Proceedings of the International Conference on Web Intelligence, Hong Kong, 2006, 966--969.
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Raghavan, B., Vishwanath, K., Ramabhadran, S., Yocum, K., Snoeren, A. C. Cloud control with distributed rate limiting, SIGCOMM Computer Communication Review, ACM, October 2007, 337--348.
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cover image ACM Conferences
SAC '09: Proceedings of the 2009 ACM symposium on Applied Computing
March 2009
2347 pages
ISBN:9781605581668
DOI:10.1145/1529282
Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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Publication History

Published: 08 March 2009

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Author Tags

  1. cloud computing
  2. distributed computing
  3. financial data processing
  4. grid computing

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SAC09
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SAC09: The 2009 ACM Symposium on Applied Computing
March 8, 2009 - March 12, 2008
Hawaii, Honolulu

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Overall Acceptance Rate 1,650 of 6,669 submissions, 25%

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  • (2022)Optimized in-network authentication against pollution attacks in software-defined-named data networkingJournal of Information Security and Applications10.1016/j.jisa.2019.10240950:COnline publication date: 21-Apr-2022
  • (2020)A Switch in Time Saves the Dime: A Model to Reduce Rental Cost in Cloud ComputingInformation Systems Research10.1287/isre.2019.0912Online publication date: 4-Aug-2020
  • (2018)Moving Applications to an On-demand, Software-as-a-Service Model in the Albanian Government CloudAdvances in Internet, Data & Web Technologies10.1007/978-3-319-75928-9_96(1037-1048)Online publication date: 24-Feb-2018
  • (2017)Blockchain-oriented software engineeringProceedings of the 39th International Conference on Software Engineering Companion10.1109/ICSE-C.2017.142(169-171)Online publication date: 20-May-2017
  • (2017)Functional models and extending strategies for ecological networksApplied Network Science10.1007/s41109-017-0032-52:1Online publication date: 25-May-2017
  • (2017)Leveraging Continuous Multi-modal Authentication for Access Control in Mobile Cloud EnvironmentsNew Trends in Image Analysis and Processing – ICIAP 201710.1007/978-3-319-70742-6_31(331-342)Online publication date: 31-Dec-2017
  • (2014)Cost Optimization of Real-Time Cloud Applications Using Developmental Genetic ProgrammingProceedings of the 2014 IEEE/ACM 7th International Conference on Utility and Cloud Computing10.1109/UCC.2014.126(774-779)Online publication date: 8-Dec-2014
  • (2013)Cloud Computing in Academia, Governments, and IndustryPrinciples, Methodologies, and Service-Oriented Approaches for Cloud Computing10.4018/978-1-4666-2854-0.ch004(71-114)Online publication date: 2013
  • (2011)Resource Allocation for Real-Time Tasks Using Cloud Computing2011 Proceedings of 20th International Conference on Computer Communications and Networks (ICCCN)10.1109/ICCCN.2011.6006077(1-7)Online publication date: Jul-2011
  • (2010)Scheduling of job combination and dispatching strategy for grid and cloud systemProceedings of the 5th international conference on Advances in Grid and Pervasive Computing10.1007/978-3-642-13067-0_63(612-621)Online publication date: 10-May-2010
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