Beynon, Meurig and Maad, Soha (1999) Empirical modelling of real life financial systems : the need for integration of enabling tools and technologies. In: The Fourth World Conference on Integrated Design & Process Technology, Kusadasi, Turkey, 27 Jun - 2 Jul 1999

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Abstract

Understanding, analyzing, and constructing experimental models of real life financial systems is a wide-ranging task that requires an integration of different technologies and enabling tools and calls for a bridging of the gap between theory and application as well as research and development in this area. Business process modelling, intelligent state and agent-oriented modelling, data warehousing and data quality assessment tools, financial analysis tools, and client server technologies should tie up coherently to enhance knowledge acquisition in a global financial market. Players in the global financial marketplace, such as investors, rating agencies, financial service providers, analysts and consultants, are faced with a massive mount of explicit and implicit market information characterized by a high level of dependency and interrelationship. An automated environment which, as far as possible, depicts and captures all aspects of the real-life financial system, is needed to adapt to state changes in global financial markets. Such an environment should provide a flexible human computer interface backed with a high level of interaction, visualization and reporting capability, with minimal overhead coding requirements.

Item Type:	Conference Item (Paper)
Subjects:	Q Science > QA Mathematics > QA76 Electronic computers. Computer science. Computer software
Divisions:	Faculty of Science, Engineering and Medicine > Science > Computer Science
Official Date:	1999
Dates:	Date Event 1999 Available
Status:	Peer Reviewed
Publication Status:	Published
Access rights to Published version:	Restricted or Subscription Access
Conference Paper Type:	Paper
Title of Event:	The Fourth World Conference on Integrated Design & Process Technology
Type of Event:	Conference
Location of Event:	Kusadasi, Turkey
Date(s) of Event:	27 Jun - 2 Jul 1999

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