Titlebar

Export bibliographic data
Literature by the same author
plus on the publication server
plus at Google Scholar

 

An Economic Analysis of Service-Oriented Infrastructures for Risk/Return Management

Title data

Buhl, Hans Ulrich ; Fridgen, Gilbert ; Hackenbroch, Wolfgang:
An Economic Analysis of Service-Oriented Infrastructures for Risk/Return Management.
2009
Event: 17th European Conference on Information Systems (ECIS 2009) , 08.-10.06.2009 , Verona, Italy.
(Conference item: Conference , Paper )

Official URL: Volltext

Abstract in another language

Risk/return management has not only evolved as one of the key success factors for enterprises especially in the financial services industry, but is in the times of the financial crisis crucial for the survival of a company. It demands powerful and at the same time flexible computational resources making it an almost ideal application for service-oriented computing concepts. An essential characteristic of service-oriented infrastructures is that computational resources can be accessed on demand and paid per use. Taking the estimation of covariances for a portfolio of risky investment objects as an example, we propose quantification for the economic value of fast risk/return management calculations. Our model analyzes the influence factors on the optimal computing capacity dedicated to these calculations and reveals interesting insights in how far the optimal computing capacity depends on market parameters. Our main result is that more volatile markets require a lower computing capacity as the optimal computing capacity depends positively on changes of the market risk but negatively on the risk itself.

Further data

Item Type: Conference item (Paper)
Refereed: Yes
Additional notes: nominated for the Claudio Ciborra Award for the most innovative paper
Keywords: Risk/Return Management; Service-Oriented Infrastructures; Grid Computing
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professorship Business Informations Systems and sustainable IT management
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professorship Business Informations Systems and sustainable IT management > Professorship Business Informations Systems and sustainable IT management- Univ.-Prof. Dr. Gilbert Fridgen
Research Institutions
Research Institutions > Affiliated Institutes
Research Institutions > Affiliated Institutes > Fraunhofer Project Group Business and Information Systems Engineering
Research Institutions > Affiliated Institutes > FIM Research Center Finance & Information Management
Faculties
Faculties > Faculty of Law, Business and Economics
Result of work at the UBT: No
DDC Subjects: 000 Computer Science, information, general works > 004 Computer science
300 Social sciences > 330 Economics
Date Deposited: 01 Apr 2015 11:47
Last Modified: 31 May 2017 12:42
URI: https://eref.uni-bayreuth.de/id/eprint/7870