Quality of service for financial modeling and prediction as a service

Victor Chang, Muthu Ramachandran

Research output: Chapter in Book/Report/Conference proceedingConference contribution

1 Citation (Scopus)

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%.

Original languageEnglish
Title of host publicationProceedings of ESaaSA 2015 - 2nd International Workshop on Emerging Software as a Service and Analytics, In conjunction with the 5th International Conference on Cloud Computing and Services Science - CLOSER 2015
EditorsVictor Chang, Verena Kantere, Robert Walters, Chung-Sheng Li, Gary Wills, Muthu Ramachandran
PublisherSciTePress
Pages5-15
Number of pages11
ISBN (Electronic)9789897581106
Publication statusPublished - 1 Jan 2015
Event2nd International Workshop on Emerging Software as a Service and Analytics, ESaaSA 2015 - In conjuction with the 5th International Conference on Cloud Computing and Services Science - CLOSER 2015 - Lisbon, Portugal
Duration: 20 May 201522 May 2015

Publication series

NameProceedings of ESaaSA 2015 - 2nd International Workshop on Emerging Software as a Service and Analytics, In conjuction with the 5th International Conference on Cloud Computing and Services Science - CLOSER 2015

Conference

Conference2nd International Workshop on Emerging Software as a Service and Analytics, ESaaSA 2015 - In conjuction with the 5th International Conference on Cloud Computing and Services Science - CLOSER 2015
CountryPortugal
CityLisbon
Period20/05/1522/05/15

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  • Cite this

    Chang, V., & Ramachandran, M. (2015). Quality of service for financial modeling and prediction as a service. In V. Chang, V. Kantere, R. Walters, C-S. Li, G. Wills, & M. Ramachandran (Eds.), Proceedings of ESaaSA 2015 - 2nd International Workshop on Emerging Software as a Service and Analytics, In conjunction with the 5th International Conference on Cloud Computing and Services Science - CLOSER 2015 (pp. 5-15). (Proceedings of ESaaSA 2015 - 2nd International Workshop on Emerging Software as a Service and Analytics, In conjuction with the 5th International Conference on Cloud Computing and Services Science - CLOSER 2015). SciTePress.