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Large-scale computational finance applications on the Open Grid Service Environment

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Abstract

In this paper we review the central concepts of the Open Grid Service Environment, which represents an abstract service stack and was introduced to design workflow-based problem solving environments. So far, it has been used to model large-scale computational finance problems as abstract workflows with meta-components and instantiate such workfiows with different components based on semantic matching. In this paper we continue by presenting two further examples from the field of computational finance, which substantiate the need for Grid technologies and take a closer look at the implementational issues and apply the concepts of Enterprise Service Busses for parallel process orchestration. The CCA (Common Component Architecture) and its convergence to Web service specifications is the key technology for integrating heterogeneous components, with which one has to deal with in the financial sector. © Springer-Verlag Berlin Heidelberg 2005.
Original languageEnglish
Title of host publicationAdvances in Grid Computing - EGC 2005: European Grid Conference, Revised Selected Papers
PublisherSpringer Verlag
Pages891-899
DOIs
Publication statusPublished - 2005
Externally publishedYes
EventEuropean Grid Conference on Advances in Grid Computing - EGC 2005 - , Netherlands
Duration: 14 Feb 200516 Feb 2005

Publication series

NameLecture Notes in Computer Science
ISSN (Print)0302-9743

Conference

ConferenceEuropean Grid Conference on Advances in Grid Computing - EGC 2005
Country/TerritoryNetherlands
Period14/02/0516/02/05

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