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Quality of Service for Financial Modeling and Prediction as a Service

Quality of Service for Financial Modeling and Prediction as a Service
Quality of Service for Financial Modeling and Prediction as a Service
This paper describes our proposal for Quality of Service (QoS) for Financial Modeling and Prediction as a Service (FMPaaS), since a majority of papers does not focus on SaaS level. We focus on two factors for delivering successful QoS, which are performance and accuracy for FMPaaS. The design process, theories and models behind the FMPaaS service have been explained. To support our FMPaaS service, two APIs have been developed to improve on performance and accuracy. Two major experiments have been illustrated and results show that each API processing can be completed in 2.12 seconds and 100,000 simulations can be completed in an acceptable period of time. Accuracy tests have been performed while using Facebook as an example. Three points of comparisons between actual and predicted prices have been undertaken. Results support accuracy since results are between 93.72% and 99.63%.
Quality of Service (QoS) for SaaS, Financial Modeling and Prediction as a Service (FMPaaS) QoS, performance and accuracy test for FMPaaS QoS.
Chang, Victor
a7c75287-b649-4a63-a26c-6af6f26525a4
Ramachandran, Muthu
2130f62e-6f28-40ea-8c81-cb0beba747c8
Chang, Victor
a7c75287-b649-4a63-a26c-6af6f26525a4
Ramachandran, Muthu
2130f62e-6f28-40ea-8c81-cb0beba747c8

Chang, Victor and Ramachandran, Muthu (2015) Quality of Service for Financial Modeling and Prediction as a Service. Emerging Software as a Service and Analytics 2015 Workshop (ESaaSA 2015), in conjunction with CLOSER 2015. 20 - 22 May 2015.

Record type: Conference or Workshop Item (Paper)

Abstract

This paper describes our proposal for Quality of Service (QoS) for Financial Modeling and Prediction as a Service (FMPaaS), since a majority of papers does not focus on SaaS level. We focus on two factors for delivering successful QoS, which are performance and accuracy for FMPaaS. The design process, theories and models behind the FMPaaS service have been explained. To support our FMPaaS service, two APIs have been developed to improve on performance and accuracy. Two major experiments have been illustrated and results show that each API processing can be completed in 2.12 seconds and 100,000 simulations can be completed in an acceptable period of time. Accuracy tests have been performed while using Facebook as an example. Three points of comparisons between actual and predicted prices have been undertaken. Results support accuracy since results are between 93.72% and 99.63%.

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More information

Published date: 20 May 2015
Venue - Dates: Emerging Software as a Service and Analytics 2015 Workshop (ESaaSA 2015), in conjunction with CLOSER 2015, 2015-05-20 - 2015-05-22
Keywords: Quality of Service (QoS) for SaaS, Financial Modeling and Prediction as a Service (FMPaaS) QoS, performance and accuracy test for FMPaaS QoS.
Organisations: Electronics & Computer Science, Electronic & Software Systems

Identifiers

Local EPrints ID: 375777
URI: https://eprints.soton.ac.uk/id/eprint/375777
PURE UUID: 2b49107f-ffb5-4ee7-907c-2986cd0094cf

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Date deposited: 04 Apr 2015 15:25
Last modified: 17 Jul 2017 21:14

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