Day: January 9, 2020

Heather Knewtson to Present Lecture January 31

Heather Knewston

Heather Knewtson, assistant professor of finance in Michigan Tech’s College of Business, will present her lecture, “Toward Understanding FinTech and its Industry,” on Friday, January 31, 2020, at 3:00 p.m. in Rekhi Hall Room 214.

Abstract: We define the term FinTech, differentiating it from financial technology, and use the definition to develop an industry framework. FinTech is a technological innovation that promises a financial market a product or service characterized by sophisticated technology relative to existing technology in that market. The existing FinTech literature is mapped into the FinTech Space, reflecting research on Agile Technologies, the Value of Agile Technologies, FinTech Asset Standards, FinTech Assets, FinTech Services and FinTech Policy and Regulation. These research areas surround FinTech firms and its industry. The Tech Paradigm is proposed to clarify the type of technology needed to qualify as a FinTech firm. We use the definition to identify FinTech firms, and provide a structure for its industry, classifying each type of firm by FinTech characteristics. 

Keywords: algorithmic trading, blockchain, crowdfunding, cryptocurrency, digital bank, distributed ledger technology, FinTech, InsurTech, LendTech, Peer-to-Peer, RegTech, robo-advising 

Download Download


Soner Onder and Dave Whalley Investigate Instruction-level Parallelism

From Florida State University News

A Florida State University researcher is working to make computer processors execute applications in a more energy-efficient manner with the help of a new $1.2 million grant from the National Science Foundation.

Professor Dave Whalley, Florida State University

“The general goal is to increase performance but to do it in a manner that is more energy efficient than the dominant computer processors that are in use today,” Professor of Computer Science David Whalley said.

To do that, Whalley and his colleague Soner Onder, a professor at Michigan Technological University, hope to more efficiently exploit what’s called instruction-level parallelism, or the ability of a computer to simultaneously execute multiple machine instructions.

Professor Soner Onder, Michigan Tech Department of Computer Science
Professor Soner Onder, Michigan Tech Department of Computer Science

“In general, VLIW processors are more energy efficient but cannot approach the performance of OoO processors except in limited domains, such as digital signal processing,” Whalley said.

Whalley’s project, called SCALE for Statically Controlled Asynchronous Lane Execution, is designed to overcome these current limitations. SCALE supports separate execution lanes, so that instructions in separate lanes can execute in parallel and dependencies between instructions in different lanes are identified by the compiler to synchronize these lanes when necessary.

“Providing distinct lanes of instructions allows the compiler to generate code for different modes of execution to adapt to the type of parallelism that is available at each point within an application,” Whalley said.

The grant began this fall and will run through August 2023. Half of the funding will come to Florida State, with the other half supporting Onder’s part of the work at Michigan Technological University. The FSU portion will support two graduate students in computer science.