Workshop on parallel and distributed Computing in Finance - PDCoF

Today, principles of finance are combined with advanced mathematical structures to form useful financial products, strategies and models that are tested and implemented with the use of advanced quantitative techniques. Use of computing technology is pervasive throughout this process. Quantitative and Computational Finance is an area referred to under a variety of names, for example, ‘computational finance’, ‘financial engineering’, and ‘mathematical finance’. But in all cases there is an effort that involves ‘financial’, ‘mathematical’, ‘quantitative’ and ‘computational’ thinking to build, test and implement models that are at the center of these financial activities. In the last decade Computational Finance (CF) has influenced the market place extensively with enormous impact on wealth building, employment opportunities, and tremendous economic growth. This field forms an ever-expanding part of the financial sector, in numerous ways today. The time is, therefore, ripe now to bring together researchers in the areas of finance using complicated financial models to solve computationally intensive problems and computer scientists having the resources and solution methodologies to solve such problems. The main goal of this workshop is to provide a timely forum for these two groups to exchange and disseminate new ideas, techniques, and research in computational finance. Strong discussions will follow the presentations and the experience could lead them into the formulation, implementation of the models used by the practitioners in financial sector. This workshop will be a first such effort in bringing together researchers in the areas of finance and advanced computing (i) who develop and employ parallel and distributed computing extensively (ii) at a venue where parallel, distributed, high performance computing is the fundamental thread of discussions and argum- - ents.