An efficient algorithm for temporal financial information monitoring

Jameela Al-Jaroodi, Nader Mohamed, Klaithem Al Nuaimi

    Research output: Chapter in Book/Report/Conference proceedingConference contribution

    Abstract

    The web contains a huge amount of real-time financial information related to currency exchange, interest rates, commodity prices, and stock markets in addition to more information regarding relevant information such as organizations' balance sheets, market shares, and history of their performance. Temporal financial monitoring basically help observe/store financial information to be processed based on pre-defined temporal conditions. Specific actions are performed whenever these conditions are met. An example of temporal conditions is online monitoring for a financial value's increase or decrease by a certain amount within a specified time period. This financial value could be the price of a particular stock, oil price, gold price, or any other real-time financial value. Such approach requires storing large amounts of data over some extended period of time until the conditions are met. This paper develops an efficient storage algorithm for temporal financial monitoring. The algorithm preprocesses retrieved data based on the specified condition and stores only the data relevant to the condition. This reduces the amount of storage needed for this kind of monitoring and it provides fast financial monitoring.

    Original languageEnglish
    Title of host publicationProceedings of the 2013 International Conference on High Performance Computing and Simulation, HPCS 2013
    Pages115-122
    Number of pages8
    DOIs
    Publication statusPublished - Nov 26 2013
    Event2013 11th International Conference on High Performance Computing and Simulation, HPCS 2013 - Helsinki, Finland
    Duration: Jul 1 2013Jul 5 2013

    Publication series

    NameProceedings of the 2013 International Conference on High Performance Computing and Simulation, HPCS 2013

    Other

    Other2013 11th International Conference on High Performance Computing and Simulation, HPCS 2013
    Country/TerritoryFinland
    CityHelsinki
    Period7/1/137/5/13

    Keywords

    • Financial Information
    • Information Monitoring
    • Temporal Query
    • Web Information

    ASJC Scopus subject areas

    • Applied Mathematics
    • Modelling and Simulation

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