"Benchmarks were the reason why I left traditional money management," sniffs Richard Chenevix-Trench, a hedge-fund manager at Sloane Robinson.Yet benchmarks provide a semblance of security that is crucially important to institutional investors responsible for other people's money.
The benchmarks provide a guide to banks about how much capital they should hold in an extreme downturn; the fall in British GDP last year was worryingly slightly more than the FSA's stress-test mark.A report from the World Trade Organisation found that the global recession had not produced a huge increase in protectionist measures, as had been feared.
By the same token, open benchmarking provides a check against costs falling too low.
In addition to providing a standard workload and metrics for MOM performance, the benchmark provides a flexible performance analysis framework that allows users to tailor the workload to their requirements.
The cooling, radially spreading benchmark provides a test of combined axisymmetric flow and thermal effects.
Impact assessment and measurement is a complex task and it would be unreasonable to expect that such a novel benchmark provides a fully comprehensive aggregate for the impact generated by all the funds involved.
Our benchmark provides a comprehensive test that can be used to rank the relative performance of transcription factor binding site prediction methods.
The experimental results of the benchmark provide an overview of the performance and the properties of several state-of-the-art distributed predictive controllers.
The methods and collection of data sets that we used in our benchmarking provide an initial step towards establishing such guidelines and a list of test problems.
For the bioactivity datasets employed for PCM modeling (which takes both ligand-side and protein-side descriptors into account) this benchmark provides an answer to two different questions.
