Quality of Service for Financial Modeling and Prediction as a Service

Victor Chang, Muthu Ramachandran

2015

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%.

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Paper Citation


in Harvard Style

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 - Volume 1: ESaaSA, (CLOSER 2015) ISBN 978-989-758-110-6, pages 5-15. DOI: 10.5220/0005502300050015


in Bibtex Style

@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 - Volume 1: ESaaSA, (CLOSER 2015)},
year={2015},
pages={5-15},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0005502300050015},
isbn={978-989-758-110-6},
}


in EndNote Style

TY - CONF
JO - Proceedings of the 2nd International Workshop on Emerging Software as a Service and Analytics - Volume 1: ESaaSA, (CLOSER 2015)
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