Improving Business Opportunities of Financial Service Providers through Service Level Agreements

@inproceedings{Mersch2008ImprovingBO,
  title={Improving Business Opportunities of Financial Service Providers through Service Level Agreements},
  author={Henning Mersch and Philipp Wieder and Bastian Koller and Gerard J. P. Murphy and Ron Perrot and Paul Donachy and Ali Anjomshoaa},
  year={2008}
}
The calculation of the Implied Volatility of stock options is a computationally expensive process which in general exceeds the resources available at a customer’s site. Financial service providers therefore offer the required Implied Volatility services, adapting dynamically their own resource consumption to the customer’s demands. The success of such a business model relies on carefully negotiated and observed Service Level Agreements between the different parties involved. The NextGRID… CONTINUE READING