HELP! * YELLOW=global GREY=local Global HTML version of Foils prepared June 6 1996

Foil 152 Financial Application areas for which High-performance computing technologies are becoming indispensable

From Web Application and Services Overview as of June96 NASA ICASE Tutorial -- June 10-13 1996. by Geoffrey Fox * See also color IMAGE

HPCC is becoming indispensable in the application domains such as:
  • Derivative Valuation -- particularly over-the-counter products and exotics
  • Portfolio optimization, valuation and asset allocation
  • Hedging of large portfolios in real time
  • Arbitrage trading
  • Risk analysis simulations
  • Pattern recognition
  • Detection of fraud
  • Credit risk analysis
  • Market segmentation
NPAC is engaged in development of new tools for quantitative financial modeling which take advantage of scalable computer architectures
The ultimate goal is to integrate various quantitative analysis transparently using Web technologies into a seamless cooperative computing environment, capable of supporting all aspects of enterprise-wide risk management.


Northeast Parallel Architectures Center, Syracuse University, npac@npac.syr.edu

If you have any comments about this server, send e-mail to webmaster@npac.syr.edu.

Page produced by wwwfoil on Mon Feb 17 1997