copyright © 2014 juniper networks, inc. 1 accelerating application delivery in financial services...

Copyright © 2014 Juniper Networks, Inc. 1

Accelerating Application Delivery in Financial Services EnvironmentsCompute Integrated Networking


Introduction – Trends and Challenges

Agenda

Solution

Use Cases

Technology Partner


Financial Services – Trends

Social Media – Hyper Contextual Sentiment Analysis

Volume of messages and transactions to be processed

Market Data Volatility visualization provided by SECJan2012 – Dec2014

OPRA Statistics

Peak Messages Per Second (millions) 1Q2010 - 1.4 -> 4Q14 - 9.6 Peak Transactions Per Day (billions) 1Q2010 - 3.9 -> 4Q2014 - 15.2 Average Latency1Q2010 - 2.19 -> 4Q2014 - 0.40

Execution Venues

Heuristic Processing




Trade Plant

Social Feeds

News Feeds

Streaming News Video

Market Data Feeds

Ticker Plant


Human Oversight

and Control

Historical Data Base


The Future Landscape of Financial Services

Trading - Application driven, real-time heuristic processing, Social media informed – global market data analysis/ prediction

Retail Banking – Digitized, Analytics driven standardized decision making

Insurance – Risk Analysis of subscriber data


Financial Services Challenges

Commoditization and Digitization Shrinking Time to Market Window

Market Sentiment Contributes to Volatility

Escalating Bandwidth & High Volume Data Processing

Tighter Regulations Compliance & Predictability

Business models are continually evolving – Innovation is keyLeverage technology for differentiation


The Solution

Host network applications and containers in native Guest VMs

Offload compute intensive, latency sensitive, business- critical real-time

app processing to FPGA module

Two level Application Delivery

Instigating a fundamental architectural shift away from latency - Towards applications embedded in the network

FPGA based programmable add-on module

Broadly applicable 40G data center switch with native Guest VMs

Compute Integrated Networking


Introducing: QFX5100-AA Application Acceleration Switch and QFX-PFA Packet Flow Accelerator Module

Application Acceleration Switch QFX5100-AA

Packet Flow Accelerator Module QFX-PFA

Performance and Scale

Compute integrated Networking

Two level Application Delivery

Industry only high performance switch with FPGA logic in small form factor


QFX5100-AA: Application Acceleration Switch

40G Data Center switch

Network application hosting on native Guest VMs

Innovative hardware design

Very low latency up to 550ns*

Carrier grade JUNOS network operating system

Holistic data center network solutions – Connect seamlessly, Simplify network operations

*Based on Broadcom PFE value. Lower latency values can be derived from PFA depending on the custom application logic

Application Acceleration Switch QFX5100-AA

24x40G QSFP+ ports 4x40G FPGA ports


QFX-PFA: Packet Flow Accelerator Module

Optional add-on FPGA Packet Flow Acceleration module

Accelerate compute intensive, real-time business critical application processing

Use Java to program packet flows through FPGA

Lower latency based on logic customization

Packet Flow Accelerator Module QFX-PFA


Why Choose the QFX5100-AA Switch & QFX-PFA Module?

Improve Performance, Scale

Accelerate Applications

Lower OPEX

Real-time processing – massive data volumes, complex market feed & risk analytics

Process applications directly on FPGA, Java for PacketFlow programming, quick response to market changes

40% fewer server and switch ports in a typical deployment

Maintain compliance

Improve Predictability

Seamless Connectivity with network segregation, reliability, performance monitoring

Ultra-low latency, fair, consistent processing of high volume transactions

End the race to zero latency, become hyper-contextual Disaggregate your compute


The QFX5100-AA & QFX-PFA Difference

1 million logic elements on FPGA

320 FPGA throughput

2.56Tbps Switching capacity available

Standard 4x 40G FPGA ports & 24x 40G Switch ports

40% CapEx Savings on compute

40% OpEx Savings on compute

40% Less devices to manage

36% Smaller Thermal envelope

40 % Floor Space Savings

TCO Savings: 35%


24x40GE

Base System – Application Acceleration Switch

Routing Engine – Junos VM (System)

Guest VMUser Application

KVM Hypervisor

Linux Host OS

QFX5100-AA Switch: Use Cases

• Host network applications and containers in Guest VMs native to switch• Performance monitoring/ analytics

applications • Cloud Analytics Engine Compute agent

Pre-built AnalyticsD Collector• Wireshark in text version• Container support to run Docker on CentOS• Hadoop Map Reduce

Copyright © 2014 Juniper Networks, Inc. 13 Copyright © 2014 Juniper Networks, Inc.

QFX-PFA: Use Case Scenarios

• Exchange Gateway• Inline credit checks • Ordering & arbitration• Order execution routing

• Market data • Market data analytics • Ticker plant

• Market data feed handlers

• Banking• Real-time and on demand risk analytics


QFX-PFA Use Cases: Exchange Gateway Streamline & Simplify Trading Strategy

• Problem: Availability, consistency and deterministic processing of orders and transactions

• Solution: QFX5100-AA switch with QFX-PFA replaces Order gateway and matching Engines

• Benefits: • Improve processing predictability and

consistency especially during order entry bursts

• Harden risk management• Consolidate network and compute to

reduce latency• Ease of programming FPGA

Customer

Symbol routing

embedded in QFX5100-AA&

QFX-PFA

Risk Management embedded in

QFX5100-AA& QFX-PFA


Customer

Risk Management embedded in

QFX5100-AA& QFX-PFA

Symbol routing

embedded in QFX5100-AA&

QFX-PFA

Data pre/post processing

Customer

QFX-PFA Example: Exchange Gateway Trade Plant

40% lessports Latencydown 50µS

Total Latency ≈100.0µSTrade Plant Size:≈ 60 Servers≈ 1000 Ports

Total Latency ≈150.0µSTrade Plant Size:≈ 100 Servers≈ 1500 Ports


QFX-PFA Use Cases: Market Data

• Problem: Accurate processing, consolidation and timely distribution of large volumes of complex market data feeds

• Solution: Consolidate feed handlers and publishing servers into QFX5100-AA and QFX- PFA module

• Benefits:• Accelerated processing and analysis of news

and social media streams • Leverage market sentiment for

business success• Exchanges distribute enhanced levels

of market data feeds • Reduce time to provide coherent gapless

market data

Internal Users

World Wide Market Data

Feeds

Feed handler & publishing in

QFX5100-AA & QFX-PFA

Pub/sub server farm

Client subscriber imbedded in



QFX-PFA Example: Market Data Ticker Plant

Internal Users

Feed handler & publishing servers

Pub/sub server farm

Client subscriber servers


Feeds

Internal Users


Feeds

Feed handler & publishing in QFX5100-AA & QFX-PFA

Pub/sub server farm

Client subscriber embedded



QFX-PFA Use Cases: Banking – Real time on demand risk analysis

• Problem: Manual intervention, longer cycles, multiple resources

• Solution: QFX-PFA for compute based quick real-time analysis

• Benefits: • Shorter risk analysis cycles• Proactive response to risk profiles• Faster processing on compute integrated

switch reduces latency times.• Portfolio transparency, stability of

allocation & attribution, impact of market and portfolio changes


Cloud/ Data Center Switching Portfolio

SPINE

MODULAR

LEAF

FIXED

EX9200 QFX10000

QFX5100

QFX5100-24Q QFX10002

10 GIGABIT ETHERNETOCP NETWORKING

COMPUTE INTEGRATED SWITCHING

SCALE UP ARCHITECTUREUp to 480 X 100 GbE Ports

GIGABIT ETHERNET

EX4300

QFX5100-24Q-AAQFX-PFA-4Q

NEW

OCX1100


Comparing QFX5100 and QFX5100-AA Feature QFX5100 QFX5100-AACPU Dual Core 1.5 Ghz Quad Core 2.5 GhzMemory 8GB 32 GbStorage 32GB 128GBGuest VM I/O Bandwidth 1 Gbps 20 GbpsMPLS Yes YesL3VPN Yes Yes

ISSU Yes Yes (without PFA module)

BGP Yes YesVxLAN Yes YesIS-IS Yes YesVirtual Chassis Yes NoVirtual Chassis fabric Yes No

IPCLOS fabric Yes No


Operational Simplification – Network Management & Analytics

Physical

Virtual

ApplicationsVirtual and Physical

Workloads

Analytics+

Visibility

Network Streams Data

HR MARKETINGFINANCE

Orchestration Layer*Correlation between physical and virtual layers

Monitor and report workload and application behavior across the physical and virtual infrastructure

Detect Microbursts, hotspots

Consolidated network management platform to visualize, analyze & monitor across layers


• Zero Touch Provisioning, Ansible• Junos Space Network DirectorProvision & Deploy

• Cloud Analytics Engine• Junos Space Network Director

Operate

• Integration with OpenStack• Support for IT admin tools including Puppet, Chef, PythonOrchestrate

Operational Simplification – Network Automation


Intra Data Center Network Connectivity – IP Fabric

Support for large IP based data center network fabrics

Support for Open CLOS standard technology

Scale & extend across PODs

Automate and manage fabric for quicker operations

Fairness of traffic routing through the network fabric


Data Center Interconnectivity – MPLS & VPN

MPLS & VPNs – Mature, standards based technologies L3VPN – Extend service separation into the data center to meet compliance requirementsMPLS – Reliable transport for market data streams & VPN traffic across data centers

WAN/ VPN GatewayMPLS Services

VM VM VM VM VM VM VM VM

WAN/ VPN Gateway MPLS Services

Data Center 1 Data Center 2

MPLS MPLS

Extend VPN Extend VPN

Data Center Interconnect –

MPLS VPN


Technology Partner - Maxeler Technologies

Packet flow technology on Packet Flow Accelerator for faster algorithm deployment

Java-driven PacketFlow configuration

Graphical development interface

Seamless simulation environment

Real-time on-chip packet flow stream forwarding and processing


Hardware Innovation Application Processing Technology Partner

Programmable FPGA for acceleration and Network

Application Hosting

Industry reputed partner - Maxeler

Powerful Processing with compute integration in small

form factor

High Performing, compute integrated switch for accelerated application delivery

The QFX5100-AA Switch with QFX-PFA Module


Thank You


Optional & Deep Dive Slides


QFX-PFA Use Case – Deep Dive

• Problem: Perform Inline Credit control checks on order flows with no performance impact

• Solution: Real-time customer credit checks without using matching engine or gateway

• Benefits: • Harden risk management with advanced

market controls • Consistent performance over large volumes of

order/ transaction data • Eliminate matching engines, reduce need for

conventional servers

Exchange gateway – inline credit controls

Feed Gateway

Matching Engines

WAN

Order Entry Gateway



• Problem: Reliable and accurate order and arbitration process

• Solution: Combine order and arbitration on FPGA with matching engine

• Benefits: • Lower latency • Better determinism • Consistency of execution of Customer

Order Entry Systems

Exchange gateway – ordering and arbitration

Order Routing

Matching Engines

WAN

Order Entry Gateway

Feed Gateway

Market Feed

AnalyticsAlgorithms

Quant Server Farm

Feed Handlers


Customer Execution System


• Problem: Need to improve order execution performance and accuracy while reducing overall latency and cost

• Solution: Process large volumes of orders and transactions using customizable algorithms

• Benefits:• Simplify order execution and matching

engine systems • Offload processing to FPGA & improve

performance • Reduce transaction times

Exchange gateway – order execution routing

WAN

Order Entry Gateway

Market Feed

Matching Engines

Matching Engines

Matching Engines



• Problem: Optimally process market data from multiple exchanges entries to arrive at best price

• Solution: Use FPGA module for simultaneously processing and generate gap free market data stream

• Benefits: • Reduce time to provide coherent

gapless market data• Simplify order execution and matching

engine systems• Exchange provides customers with

enhanced levels of market data feeds

Market data – market data analytics

Matching Engine (server Farm)

Brokerages/ Financial Service

Providers

Market Data Providers



FIX/ Protocol Gateways

Exchange Gateway



• Problem: Real-time processing & distribution of large ticker volumes

• Solution: FPGA based algorithms for real-time sentiment and market trend analysis of high volumes of multiple social media feeds

• Benefits: • High performance and capacity to

transport high data volumes• Accelerate processing and

analysis of different news and social media streams

• Leverage market sentiment for business success

Market data ticker plant – market data feed handlers


News Feeds


Market Data Feeds


Social Feeds


Streaming News Video

Execution Venues

Ticker Plant

Trade Plant


Technology Partner - Maxeler TechnologiesPacket Flow Analytics Samples

Computing Greeks

Exchange Protocol Feed Handlers Eurex EOBI


QFX5100-AA

24x40G QSFP+ ports 4x40G FPGA ports

• Optimized architecture for FPGA module• Enhanced CPU subsystem

• Intel IvyBridge X86 CPU• 32GB of DDR3 memory• 2 Micro SATA 64GB MLC hard drives

• Trident2 PFE• 24 QSFP+ fixed• 2.56T Throughput

• Optimized Dual 10Gb NIC Connection to QIC

Forwarding 2.56 Tbps L2/L3 performance~500 ns latencyCut through & Store-Forward

Ports 24 x 40G QSFP+ ports2 Four port Expansion slots

Interface options 10GbE SFP+: 96/104 with breakout cable 40GbE QSFP+: 24/32

Dimensions/Power 1U 161 W Front to Back or Back to Front airflow

GuestVM Features Memory: 4GDisk: 32GB (TBD)Format: qcow2 or raw


QFX-PFA

• Double-wide QIC Application Acceleration Module

• High Capacity Altera Stratix-V AB FPGA • 48GB DDR3 DRAM• 4x QSFP+ Front panel ports• Timing input and output interfaces to

support PTP applications

Ports • 4x 40G QSFP+ interfaces (Data ports)

• QSFP+ LEDs for the link and status indications

PTP Interface options • 1PPS In/OUT : 2-SMB connector• 10MHz In/OUT : 2- SMB

connector• 10/100/1000Base-T : RJ45 port• ToD Interface : RJ45 connector

Dimensions/Power 6.7” (W) x 6.5” (D) (approx)

Features • Supports 24GB DDR3 (extendable up to 48 GB) memory (***final packaging TBD)

• Supports 72MB QDR2+ memory for very low latency processing

GuestVM Features • 32GB storage for Guest VM • 4G memory


Software Architecture

Control AppsControl App’s

UI extensionsUI extensions

Service Broker 3rd party Applications w/ Remote APIs

Guest VM

Routing Engine – Control PlaneJunOS VM

ssd

Message oriented middleware API’s

Packet Forwarding Engine

vehostd

CentOS 6.3 Host OS

FPGA ComplexActual data traffic

Selected inline data traffic

owns owns

Driverssdk-mgmt. sdk-vmmd

rpd dfwd

Picture adapted from JVAE outbound documentation

KVM Hypervisor

copyright © 2014 juniper networks, inc. 1 accelerating application delivery in financial services...

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