Distributed Financial Calculation Framework on Cloud Computing Environment

Even though the recent technological innovations in cloud computing, distributed data base architecture grew to a point where they can now address Big Data process, still most of the companies are struggling to implement their solutions on cloud computing environment. This is mainly due to lack of proper case studies and application frameworks available on a public research domain. Most of the implementations are vendor provided, high cost, consulting type and long drawn projects which consume valuable Business and IT resources for an organization. In this paper we propose a simple to implement (parallel data load and any aggregation calculation framework), easy to maintain and flexible architecture framework which can be adapted as a tool for small to mid-size investment organization in implementing a Distributed Cloud Computing Architecture. Our framework is an extension of traditional Distributed Database Design with the horizontal partition of the relations to parallelize the computation on Azure SQL instance and materialize the aggregated results with SQL Views for users, Business Intelligence (BI) Reporting, Data Mining and Knowledge Discovery applications. The solution is implemented on Azure SQL Cloud Computing platform to build the financial calculation framework.