IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Exploiting Parallelization to Increase the Performance of Payment Systems Simulations

Exploiting Parallelization to Increase the Performance of Payment Systems Simulations
View Sample PDF
Author(s): Tatu Antero Laine (Bank of Finland, Finland) and Kasperi Korpinen (Bank of Finland, Finland)
Copyright: 2016
Pages: 11
Source title: Analyzing the Economics of Financial Market Infrastructures
Source Author(s)/Editor(s): Martin Diehl (Deutsche Bundesbank, Germany), Biliana Alexandrova-Kabadjova (Banco de México, Mexico), Richard Heuver (De Nederlandsche Bank, The Netherlands) and Serafín Martínez-Jaramillo (Banco de México, Mexico)
DOI: 10.4018/978-1-4666-8745-5.ch005

Purchase

View Exploiting Parallelization to Increase the Performance of Payment Systems Simulations on the publisher's website for pricing and purchasing information.

Abstract

The large amount of data and the need to perform large numbers of simulations of payment systems are a challenge and a starting point for this paper. Parallel and distributed simulation systems are widely used in many applications such as in military applications and entertainment. Parallel computing has been applied in other econometric areas such as VAR models but not in payment system simulations. In this empirical paper, a reduction in total execution times of payment system simulations is studied by exploiting computational parallelization in a one multicore PC environment. The preliminary results of parallel simulations are reported and the possible benefits of analyzing financial market infrastructures using this technique are discussed. This information can be very useful for choosing a parallelization strategy and designing the next generation platforms for parallel processing of payment and securities settlement system simulations. This is the first time parallel computing techniques have been applied to payment system simulations.

Related Content

The Contest for American Culture: A Leadership Case Study on the NEA and NEH Funding Crisis
Cynthia M. Koch. © 2018. 31 pages.
View Details View Details PDF Full Text View Sample PDF
Postscript: The Endowments at Fifty
Cynthia M. Koch. © 2018. 17 pages.
View Details View Details PDF Full Text View Sample PDF
Reclaiming Funding and Benefits for the Liberal Arts: Why Colleges and Universities Should Add More Practical Training
Hilary Burt. © 2018. 8 pages.
View Details View Details PDF Full Text View Sample PDF
Urban Arts Education Programming: The Realities of Fully Funded Arts Education in One North Carolina School District
Vanessa Smart. © 2018. 15 pages.
View Details View Details PDF Full Text View Sample PDF
Collective Impact: Community Partnerships to Model Mutual Learning and Growth Through the Arts
Bobby Riley, Jonathan Silverman, Victor Prussack, Judith Klima. © 2018. 16 pages.
View Details View Details PDF Full Text View Sample PDF
Pooling Resources to Fund the Arts
Leigh Nanney Hersey. © 2018. 26 pages.
View Details View Details PDF Full Text View Sample PDF
Arts Partnerships Are Bridging Disparities: Cross-Sector Partnerships Are Giving Disadvantaged Youth Access to Successful Careers in the Arts
Jennifer DiFiglia. © 2018. 13 pages.
View Details View Details PDF Full Text View Sample PDF
Body Bottom