IT-Enabled Risk/Return Management : Service-Oriented Infrastructures vs. Dedicated Systems

Title data

Buhl, Hans Ulrich ; Fridgen, Gilbert:
IT-Enabled Risk/Return Management : Service-Oriented Infrastructures vs. Dedicated Systems.
In: Tuunainen, Virpi (ed.): Proceedings of the 19th European Conference on Information Systems (ECIS 2011) : Helsinki, Finland, June 9 - 11, 2011. - Helsinki , 2011
ISBN 978-952-60-3574-1

Official URL:

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 economic crisis initiated by the financial markets 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 then compares the cost structures of service-oriented infrastructures and dedicated systems in this domain. On this basis, we can determine under which circumstances the one or the other architectural strategy is superior.

Further data

Item Type:	Article in a book
Refereed:	Yes
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 > Professor Information Systems and Digital Energy Management Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Former Professors > Professor Information Systems and Sustainable IT Management - Univ.-Prof. Dr. Gilbert Fridgen Research Institutions Research Institutions > Affiliated Institutes Research Institutions > Affiliated Institutes > Branch Business and Information Systems Engineering of Fraunhofer FIT Research Institutions > Affiliated Institutes > FIM Research Center for Information Management Faculties Faculties > Faculty of Law, Business and Economics Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Former Professors
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 11:12
Last Modified:	10 Oct 2023 11:53
URI:	https://eref.uni-bayreuth.de/id/eprint/7859