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Cooperative distributed (and parallel) computing will become mainstream in financial engineering due to a convergence of the following factors:
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Increased volatility due to globalization of financial markets
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Global distribution of data sources
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Increase in complexity of derivatives and risk management vehicles
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Increased demand for real-time asset allocation decision support
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Increased volume of raw data and need to process large databases
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Increased volume on the retail side of the spectrum in part due to on-line technologies (Internet and WWW)
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