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Authors: Victor Chang and Muthu Ramachandran

Affiliation: Leeds Beckett University, United Kingdom

Keyword(s): Quality of Service (QoS) for SaaS, Financial Modeling and Prediction as a Service (FMPaaS) QoS, Performance and Accuracy Test for FMPaaS QoS.

Abstract: This paper describes our proposal for Quality of Service (QoS) for Financial Modeling and Prediction as a Service (FMPaaS), since a majority of papers does not focus on SaaS level. We focus on two factors for delivering successful QoS, which are performance and accuracy for FMPaaS. The design process, theories and models behind the FMPaaS service have been explained. To support our FMPaaS service, two APIs have been developed to improve on performance and accuracy. Two major experiments have been illustrated and results show that each API processing can be completed in 2.12 seconds and 100,000 simulations can be completed in an acceptable period of time. Accuracy tests have been performed while using Facebook as an example. Three points of comparisons between actual and predicted prices have been undertaken. Results support accuracy since results are between 93.72% and 99.63%.

CC BY-NC-ND 4.0

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Paper citation in several formats:
Chang, V. and Ramachandran, M. (2015). Quality of Service for Financial Modeling and Prediction as a Service. In Proceedings of the 2nd International Workshop on Emerging Software as a Service and Analytics (CLOSER 2015) - ESaaSA; ISBN 978-989-758-110-6, SciTePress, pages 5-15. DOI: 10.5220/0005502300050015

@conference{esaasa15,
author={Victor Chang. and Muthu Ramachandran.},
title={Quality of Service for Financial Modeling and Prediction as a Service},
booktitle={Proceedings of the 2nd International Workshop on Emerging Software as a Service and Analytics (CLOSER 2015) - ESaaSA},
year={2015},
pages={5-15},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0005502300050015},
isbn={978-989-758-110-6},
}

TY - CONF

JO - Proceedings of the 2nd International Workshop on Emerging Software as a Service and Analytics (CLOSER 2015) - ESaaSA
TI - Quality of Service for Financial Modeling and Prediction as a Service
SN - 978-989-758-110-6
AU - Chang, V.
AU - Ramachandran, M.
PY - 2015
SP - 5
EP - 15
DO - 10.5220/0005502300050015
PB - SciTePress