An Introductory Approach to Risk Visualization as a Service

This paper introduces the Risk Visualization as a Service (RVaaS) and presents the motivation, rationale, methodology, Cloud APIs used, operations and examples of using RVaaS. Risks can be calculated within seconds and presented in the form of Visualization to ensure that unexploited areas are ex-posed. RVaaS operates in two phases. The first phase includes the risk modeling in Black Scholes Model (BSM), creating 3D Visualization and Analysis. The second phase consists of calculating key derivatives such as Delta and Theta for financial modeling. Risks presented in visualization allow the potential investors and stakeholders to keep track of the status of risk with regard to time, prices and volatility. Our approach can improve accuracy and performance. Results in experiments show that RVaaS can perform up to 500,000 simulations and complete all simulations within 24 seconds for time steps of up to 50. We also introduce financial stock market analysis (FSMA) that can fully blend with RVaaS and demonstrate two examples that can help investors make better decision based on the pricing and market volatility information. RVaaS provides a structured way to deploy low cost, high quality risk assessment and support real-time calculations. TYPE OF PAPER AND