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 | Dipl.-Wi.-Ing. Michael SetzerOrganizations:
- E-Finance Lab
- Chair of Business Administration, esp. Information Systems
Projects:
- FinGrid - Financial Business Grid
- E-Finance Lab - Layer 1
|
Publications | Presentations |
Publications:
2008
Vykoukal, J.; Setzer, M.; Beck, R. (2008)
Grid Architecture for Risk Management: A Case Study in a Financial Institution
In: Proceedings of the 12th Pacific Asia Conference on Information Systems (PACIS 2008); Suzhou, China
Category: Proceedings [Password Protected Download] (Please contact the author)
Reference No.: 2008-1010
2007
Hinz, O.; Setzer, M.; Vykoukal, J.; Beck, R. (2007)
Portfolio Performance Measurement based on Service-Oriented Grid Computing
In: 3rd International Workshop on Enterprise Applications and Services in the Finance Industry (FinanceCom 2007); Montreal, Canada
Category: Proceedings [Password Protected Download] (Please contact the author)
AbstractOne might think that the success of a financial investment can be measured easily as performance, defined as the return-on-investment between two points in time. However, the accurate calculation can be complex and compute-intensive, e.g., for a single customer but especially
for the entire customer base of large institutions like banks. In
order to meet these computational demands, grid computing presents
a secure, reliable and scalable technology to provide shared access to
heterogeneous resources. This research-in-progress paper introduces a service-oriented architecture for portfolio performance measurement that is based on a grid layer. It first emphasizes the importance of performance measurement as success measure and steering tool before the calculation is presented in detail. Since the consolidation of required data is very compute-intensive, different
calculation methods are encapsulated. Finally, a service-oriented grid architecture for performance measurement is presented and evaluated using criteria from system engineering and design science.
Reference No.: 2007-848
Beck, R.; Setzer, M.; Vykoukal, J.; Hinz, O.; Schwind, M. (2007)
Pricing Optimization of Grid-based Financial Services
In: 7th International Conference on Optimization: Techniques and Applications (ICOTA7); Kobe, Japan
Category: Proceedings [Password Protected Download] (Please contact the author)
AbstractThe financial service industry is one among other industries that request increasingly the use of Grid technology for their intensive computing demand. An achievable way to accelerate the sharing of Grid resources within this sector is the establishment of a pricing mechanism. To strengthen this theory, a simulation with different pricing scenarios has been set up with the indication that price-based allocation of Grid-resources combined with an auction mechanism can lead to a cost reduction of more than 40%. This result
shows that there is a huge cost reduction potential in the financial services industry.
Reference No.: 2007-799
Presentations:
2007
15. December |
Setzer, M. Pricing Optimization of Grid-based Financial Services In: 7th International Conference on Optimization: Techniques and Applications; Kobe, Japan |