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