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- W2897975690 abstract "We build a private Cloud using off-the-shelf servers and do extensive experiments for application and performance testing. We studied a real-world application of financial option pricing by implementing two algorithms (Monte-Carlo simulation and binomial lattice for option pricing) on this private Cloud and used this application for the purpose of accuracy testing in comparison to a well established closed-form solution available as Black-Scholes-Merton formula. Also, using these algorithms we analyze performance of Cloud VMs. We compare the performance with standalone servers and found that the performance of Cloud VM is better to standalone servers when (a) the number of vCPUs are limited to a single node and (b) load balancing issues are not considered." @default.
- W2897975690 created "2018-10-26" @default.
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- W2897975690 date "2018-01-01" @default.
- W2897975690 modified "2023-09-27" @default.
- W2897975690 title "Financial Application on an Openstack Based Private Cloud" @default.
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- W2897975690 doi "https://doi.org/10.1007/978-3-030-02738-4_10" @default.
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