An Active Conceptual Model for Fixed Income Securities Analysis for Multiple Financial Institutions

Allen Moulton, Stéphane Bressan, Stuart E. Madnick, Michael D. Siegel. An Active Conceptual Model for Fixed Income Securities Analysis for Multiple Financial Institutions. ER 1998: 407-420.

Abstract

This paper reports on the implementation and use of an active conceptual model in a mediator for fixed income securities analysis. While conceptual modeling is often restricted to the design stage of system development, this project demonstrated the potential for providing query access to both data and computational resources through an active run-time conceptual model. The mediator product was designed as a general interpretive engine specialized and controlled by the declarative knowledge from the conceptual model. In addition to heterogeneous, autonomous data sources, the mediator integrated autonomously developed local and remote procedural components. The fixed income conceptual model included securities ranging in complexity from Treasury bills to collateralized mortgage obligations, as well as standard and proprietary analytic methodologies and calculations. All information, whether computed or retrieved from databases, was offered to clients in the form of attributes of conceptual entities. Client preference entities and attributes were used to control selection among conceptually interchangeable source data and procedural components. Experience from this implementation provides insight into the requirements for successful application of a conceptual model in mediating among heterogeneous, autonomous users and information resources.

@inproceedings{DBLP:conf/er/MoultonBMS98,
  author    = {Allen Moulton and
               St{\'e}phane Bressan and
               Stuart E. Madnick and
               Michael D. Siegel},
  editor    = {Tok Wang Ling and
               Sudha Ram and
               Mong-Li Lee},
  title     = {An Active Conceptual Model for Fixed Income Securities Analysis
               for Multiple Financial Institutions},
  booktitle = {Conceptual Modeling - ER '98, 17th International Conference on
               Conceptual Modeling, Singapore, November 16-19, 1998, Proceedings},
  publisher = {Springer},
  series    = {Lecture Notes in Computer Science},
  volume    = {1507},
  year      = {1998},
  isbn      = {3-540-65189-6},
  pages     = {407-420},
  crossref  = {DBLP:conf/er/98},
  bibsource = {DBLP, http://dblp.uni-trier.de}
}