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We consider the problem of estimating the probability of a large loss from a financial portfolio, where the future loss is expressed as a conditional expectation. Since the conditional expectation is intractable in most cases, one may…

Numerical Analysis · Mathematics 2020-11-25 Zhenghang Xu , Zhijian He , Xiaoqun Wang

Computing risk measures of a financial portfolio comprising thousands of derivatives is a challenging problem because (a) it involves a nested expectation requiring multiple evaluations of the loss of the financial portfolio for different…

Mathematical Finance · Quantitative Finance 2023-01-10 Michael B. Giles , Abdul-Lateef Haji-Ali

Workload consolidation, sharing physical resources among multiple workloads, is a promising technique to save cost and energy in cluster computing systems. This paper highlights a few challenges of workload consolidation for Hadoop as one…

Distributed, Parallel, and Cluster Computing · Computer Science 2016-11-15 Reza Moraveji , Javid Taheri , MohammadReza HosseinyFarahabady , Nikzad Babaii Rizvandi , Albert Y. Zomaya

Hadoop MapReduce is a framework for distributed storage and processing of large datasets that is quite popular in big data analytics. It has various configuration parameters (knobs) which play an important role in deciding the performance…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-28 Sandeep Kumar , Sindhu Padakandla , Chandrashekar L , Priyank Parihar , K Gopinath , Shalabh Bhatnagar

Analyzing large scale data has emerged as an important activity for many organizations in the past few years. This large scale data analysis is facilitated by the MapReduce programming and execution model and its implementations, most…

Databases · Computer Science 2012-03-02 Iman Elghandour , Ashraf Aboulnaga

With the rapid advancement of Big Data platforms such as Hadoop, Spark, and Dataflow, many tools are being developed that are intended to provide end users with an interactive environment for large-scale data analysis (e.g., IQmulus).…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-25 Amit Kumar Mondal , Banani Roy , Chanchal K. Roy , Kevin A. Schneider

High-performance computing platforms such as supercomputers have traditionally been designed to meet the compute demands of scientific applications. Consequently, they have been architected as producers and not consumers of data. The Apache…

Distributed, Parallel, and Cluster Computing · Computer Science 2016-02-02 Andre Luckow , Ioannis Paraskevakos , George Chantzialexiou , Shantenu Jha

Parallel aggregation is a ubiquitous operation in data analytics that is expressed as GROUP BY in SQL, reduce in Hadoop, or segment in TensorFlow. Parallel aggregation starts with an optional local pre-aggregation step and then repartitions…

Databases · Computer Science 2018-11-30 Feilong Liu , Ario Salmasi , Spyros Blanas , Anastasios Sidiropoulos

It is often assumed that events cannot occur simultaneously when modelling data with point processes. This raises a problem as real-world data often contains synchronous observations due to aggregation or rounding, resulting from…

Methodology · Statistics 2021-08-30 Leigh Shlomovich , Edward A. K. Cohen , Niall Adams

Solving large-scale robust portfolio optimization problems is challenging due to the high computational demands associated with an increasing number of assets, the amount of data considered, and market uncertainty. To address this issue, we…

Computational Finance · Quantitative Finance 2024-08-16 Chung-Han Hsieh , Jie-Ling Lu

In this paper, a technology for massive data storage and computing named Hadoop is surveyed. Hadoop consists of heterogeneous computing devices like regular PCs abstracting away the details of parallel processing and developers can just…

Networking and Internet Architecture · Computer Science 2022-03-01 Ameneh Zarei , Shahla Safari , Mahmood Ahmadi , Farhad Mardukhi

Graph-based patterns are extensively employed and favored by practitioners within industrial companies due to their capacity to represent the behavioral attributes and topological relationships among users, thereby offering enhanced…

Machine Learning · Computer Science 2024-11-12 Sheng Tian , Xintan Zeng , Yifei Hu , Baokun Wang , Yongchao Liu , Yue Jin , Changhua Meng , Chuntao Hong , Tianyi Zhang , Weiqiang Wang

A key difficulty that arises from real event data is imprecision in the recording of event time-stamps. In many cases, retaining event times with a high precision is expensive due to the sheer volume of activity. Combined with practical…

Methodology · Statistics 2020-01-22 Leigh Shlomovich , Edward Cohen , Niall Adams , Lekha Patel

This work considers the problem of finding analytical expressions for the expected values of dis- tributed computing performance metrics when the underlying communication network has a complex structure. Through active probing tests a real…

Adaptation and Self-Organizing Systems · Physics 2013-11-18 Francisco Prieto-Castrillo , Antonio Astillero , María Botón-Fernández

Efficient matching of incoming events of data streams to persistent queries is fundamental to event stream processing systems. These applications require dealing with high volume and continuous data streams with fast processing time on…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-06-05 Fuyuan Xiao , Masayoshi Aritsugi

Graph problems are troublesome when it comes to MapReduce. Typically, to be able to design algorithms that make use of the advantages of MapReduce, assumptions beyond what the model imposes, such as the density of the input graph, are…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-15 Soheil Behnezhad , Mahsa Derakhshan , MohammadTaghi Hajiaghayi

We consider large-scale Markov decision processes (MDPs) with a risk measure of variability in cost, under the risk-aware MDPs paradigm. Previous studies showed that risk-aware MDPs, based on a minimax approach to handling risk, can be…

Systems and Control · Computer Science 2017-05-17 Pengqian Yu , William B. Haskell , Huan Xu

For over a decade now we have been witnessing the success of {\em massive parallel computation} (MPC) frameworks, such as MapReduce, Hadoop, Dryad, or Spark. One of the reasons for their success is the fact that these frameworks are able to…

Data Structures and Algorithms · Computer Science 2018-02-02 Artur Czumaj , Jakub Łącki , Aleksander Mądry , Slobodan Mitrović , Krzysztof Onak , Piotr Sankowski

Recently, businesses have started using MapReduce as a popular computation framework for processing large amount of data, such as spam detection, and different data mining tasks, in both public and private clouds. Two of the challenging…

Distributed, Parallel, and Cluster Computing · Computer Science 2013-03-18 Nikzad Babaii Rizvandi , Javid Taheri , Reza Moraveji , Albert Y. Zomaya

Many machine learning algorithms minimize a regularized risk, and stochastic optimization is widely used for this task. When working with massive data, it is desirable to perform stochastic optimization in parallel. Unfortunately, many…

Machine Learning · Statistics 2023-11-27 Shin Matsushima , Hyokun Yun , Xinhua Zhang , S. V. N. Vishwanathan
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