gridserver in financial services - open grid forumin+financial+services.pdf• execution of online...

© 2007, DataSynapse Inc. All rights reserved

GridServer in Financial ServicesGordon Jackson


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Company OverviewCompany Overview

Founded March 2000Blue-chip investors including Bain Capital, Goldman Sachs and Intel CapitalRepeated industry recognition for excellence and innovation

Worldwide Sales, Services and Support200+ team members

Blue Chip Customer Base:Dominant market share in Financial ServicesRapid traction in General Markets / Enterprise IT sectorSubstantial ISV partner ecosystem


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GridServerGridServer

• Service execution platform that dynamically scales enterprise services based on performance and business requirements

• Market-leading Grid computing technology:Deployed in production in nearly 100 customersGoldman Sachs deployment is approaching 20,000 enginesDominant market share in Financial Services

• Proven to reduce processing time for mission critical business services


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Legacy Application ModelLegacy Application Model

Datacenter Silo

Risk Management

Datacenter Silo

Pricing

Datacenter Silo

Order Management

Challenges• Applications are bound to dedicated resources• Customers over-provision for peak workloads, resulting in server utilization of 10-20%• Dedicated resource allocation predefines scalability and performance

Impacts Cost, Performance and Agility• Legacy application model drives up costs by over-provisioning and underutilizing infrastructure• Performance challenges are difficult to address with dedicating added hardware resources• Limit businesses ability to react quickly to market demands


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GridServer

Demand Schedule Priority

GridServer Manager

GridServer Broker

Director

Datacenter Silo Datacenter Silo Datacenter Silo

Designated Shared Resource Pool

Risk Management Pricing Order Management

• Unbundle services from dedicated resources

• Unbundle services from dedicated resources

• Designate a shared resource pool

• Designate a shared resource pool

• Automatically allocate resources to enterprise applications

• Automatically allocate resources to enterprise applications


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GridServer: How it Works GridServer Client

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Ask for Work

X86 Native OS

VMs

Non-X86/Legacy

Physical server has one Daemon and 1 (or more) engines

Daemon - monitors host and spawnsone or more engines

Engine creates service instances, controls, monitors, and isolates from other service instances

Physicalor VirtualServer

Work Results

ReturnResults

3

4

ReturnResults

MakeRequest

1

GridServer Broker


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SOA Service Execution Platform

BusinessServiceInterfaceGet_PRICE Run_P&L Run_RISK

Data Center Infrastructure

GridServer Manager

RichClients

Mobile Devices

Portals & Dashboards

Business Process Flows

Service ConsumersSOA Service Clients

Support for any type of SOA Consumer / Client: Web apps, Rich Clients, Mobile Devices, Process Flows and Orchestrations

SOAP - XML Messaging

Support for Web Services StandardsSupport for WS-I Basic Profile

Support for WSDL standard for defining interfaces

Support for SOAP, standard XML message format for Web services

Service EnablementService-enable legacy applications simply and easily

Automatic recovery of service execution in the event of hardware failure

Unparalleled Performance and Scaling


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Performance and Scaling

• Services can be scaled to meet performance or SLA demands • Execution of online parallel transactions delivers the greatest flexibility and scalability• Service availability delivers unparalleled horizontal scalability

Director

Broker

Node 1 Node 2 Node 3 Node 4

GridServer Manager

• 30 + brokers on a single grid• 3,000 + engines on a single broker• 30,000 + engines on a single grid

• 30 + brokers on a single grid• 3,000 + engines on a single broker• 30,000 + engines on a single gridBroker

Node 5 Node 6

Broker


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Key Features Key Features

Dynamic Scaling of Services :GridServer can configure, start, and manage services based on schedule, policy, or priority

Unparalleled Performance :GridServer can dynamically scale services to meet SLA targetsPerformance metrics are tracked and triggers can activate additional application instances

Availability:Guaranteed Service Execution – even if the hardware fails Automatic failover and failback of services

Centralized Command and Control:GridServer simplifies the configuration and management of running multiple services across widely distributed resources


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Exotic OTC DerivativesProblem:• Single trade pricing taking 1.5 to 2 hours• Competition pricing in 5 minutes

Solution:• Re-engineered application – 8 months• GridServer enabled the application – 1 week• Started with grid of 60 engines - now have 1,000+

Benefits:• Pricing in seconds• “End of Day” reduced from 14 hours to 30 minutes• Ability to offer “on demand pricing” has given them the edge over

competition

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Online Self-Service Portal

Problem:• Global HR Outsourcing firm with self-service portal• User requests jumped from 50,000 to 200,000 • High volumes strained IT systems; mainframe

environment could not provide timely response

Solution:• GridServer implemented in months• Offload pension calculations from mainframe to Linux blades

Benefits:5x volume capacity50% improvement in SLAs90% reduction in transaction costs


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Fixed Income Pricing / Microsoft Excel

Problem:• Performance issues on complex fixed income

products: exotic equities, hedging portfolio

Solution:• GridServer deployed to scale Microsoft Excel and

improve application performance

Benefits:• Trade pricing and risk analysis went from 15 hours to

10 minutes• Ability to offer “on demand pricing” significantly

enhanced competitive advantage


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Capacity Challenges

Problem:• Capacity challenges for actuarial projections, risk management, cash-

flow projections and product pricing

Solution:• Desktop grid for stochastic analysis; runtimes reduced from 81 days to

81 minutes and 36 days to 26 hours• GRIDesign identified opportunity for expansion; Nationwide now

moving to enterprise grid

Benefits:• Improved accuracy of risk management reduced capital reserves• Ability to consolidate platforms boosts IT efficiency; projected IT

savings >$30M over 3 years• Increased volumes for handling claims


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Analytics and Risk CalculationsProblem• Compliance and regulatory pressures strained legacy

actuarial apps (SS&C, Milliman)• Objective to improve analytics and risk calculations

Solutions• GridServer implemented on desktop grid, retiring farm of 10

Solaris servers• GRIDesign identified core apps; Genworth deploying

enterprise grid with 1000s of nodes

Benefits:SLAs improved by 40x

Policy valuation reports went from 28 hours to <90 mins

Reduced employee turnover by 80%IT cost reductions/avoidance of $15M (purchase of Sun E15Ks)


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Fixed Income Analytics

Problem• Long-running, overnight batch for CMOs and

more comprehensive, detailed analytics• Wanted more complex instruments and intra-day

analysis

Solution• Implemented GridServer

Benefits:18% reduction in IT spend per year$10MM increase in revenue per year10x improvement in SLAs


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Testimonials – Financial Services

“We’re seeing 10 times or more improvement to cycle time… I think it would be very difficult for a CIO to find a technology and an application that has the payback that grid does. The cost is so low and the benefits are so high it can’t be ignored.”

“With GridServer, we've generated new business opportunities, reduced cycle times, and enabled greater transaction capacity, all driving revenue growth. Grid computing is making us money, period."

"Moreover, our group is trading 4x more volume and we have increased our modeling simulations by 25x on the GridServer software platform. We are booking larger, more exotic, and more lucrative trades with more accurate risk-taking - DataSynapse helps us make more money, period.“

“Toronto Dominion is expanding the use of its global computing grid by allowing more of its legacy credit derivative pricing applications to access the shared computing resources of the firm…The grid enables the bank to do things that were previously beyond its reach.”

05/03/2008 Proprietary and Confidential 16


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Testimonials – Enterprise IT / Commercial Markets

On the Grid, Hewitt reduced its transaction costs by some 90 percent, without rewriting their applications.

"Everything we do on the grid comes up the same or substantially faster than on the mainframe alone. We could throw 100 blades into the grid without reconfiguring substantially. There's no cluster you can do that with."

Grid-enabling SunGard analytics “provides Powerex the tools for real-time decision making and we're pleased by the reduction in compute time it achieved. It is now possible for Powerex to run its VaR reports intraday, making real-time decision making a reality…GridServer will help change how power marketers do business in the time-critical energy market.”

"Telefónica's fixed and mobile telephony businesses will quickly and efficiently realize the benefits of a service-oriented architecture (SOA), delivering optimized application performance and resource utilization which will guarantee higher service levels and application resiliency.“

“A seamless interface with DataSynapse helps Informatica provide customers with a single, unified and open enterprise data integration platform delivering near-universal access to all enterprise data and unparalleled scalability, availability and performance ."

http://av.rds.yahoo.com/_ylt=A0Je5W4oCIFCN2IBjQhvCqMX;_ylu=X3oDMTBvMmFkM29rBHBndANhdl9pbWdfcmVzdWx0BHNlYwNzcg--/SIG=126eblmic/EXP=1115838888/**http%3a//www.amigaproductions.co.uk/media_amigbg.htm


Thanks!Thanks!Gordon [email protected]

For more information go to www.datasynapse.com

mailto:[email protected]

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