Innovations in distributed computing for enhanced risk management in finance

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dc.contributor.authorMandala, Gangu Naidu
dc.date.accessioned2025-06-27T07:34:07Z
dc.date.available2025-06-27T07:34:07Z
dc.date.issued2024
dc.description.abstractThis chapter explores the use of distributed computing technology for enhancing risk management in finance. The performance of traditional risk management systems is compared to that of distributed computing-based risk management systems, and the objectives of the chapter are established. The theoretical framework of distributed computing is discussed, including an overview of its types and technologies for finance risk management. A comparison of distributed computing approaches for finance risk management is presented, and the innovations in distributed computing for enhanced risk management in finance are highlighted. These include advancements in distributed computing architectures and frameworks for finance risk management, new techniques, and emerging trends in distributed computing for finance risk management. Challenges and limitations of distributed computing for finance risk management are identified, including technical challenges in implementing distributed computing and limitations of the technology. Finally, best practices and recommendations for implementing distributed computing in finance risk management are presented. This includes a framework for selecting the right distributed computing approach for finance risk management as well as guidelines for implementation. This chapter provides a comprehensive overview of the use of distributed computing technology in finance risk management, highlighting its benefits, limitations, and best practices. © 2024 John Wiley & Sons Ltd. All rights reserved.
dc.identifier.urihttp://ctuap.ndl.gov.in/handle/123456789/74
dc.language.isoen
dc.titleInnovations in distributed computing for enhanced risk management in finance
dc.typeBook chapter
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