| Article ID: | iaor2005415 |
| Country: | Netherlands |
| Volume: | 37 |
| Issue: | 3 |
| Start Page Number: | 367 |
| End Page Number: | 376 |
| Publication Date: | Jun 2004 |
| Journal: | Decision Support Systems |
| Authors: | Deng Xiaotie, Wang Shouyang, Dong Jichang, Du Helen S., Chen Kang |
| Keywords: | artificial intelligence: decision support, internet |
In this paper, we provide an integrated framework for portfolio selection, which is adaptable to the needs of financial organizations and individual investors, and as an organized approach of selecting efficient portfolios for investments. We focus our discussion on the implementation of this framework for a Web-based Decision Support System (DSS) based on our prototype named WPSS – a Web-based Portfolio Selection System for Chinese financial markets. In this system, we adopt technologies such as online analytical processing as an add-on tool for analytical purpose, as well as using Parallel Virtual Machine to improve overall performance.