N*Trade
- We have been able to reduce a 2 hours
job to 28 seconds.
Target
Industry : Capital Market, Insurance, Retail,
Banking, etc.
Financial institutions are facing increasing
pressure to simultaneously reduce costs
and improve the response time. Adding
more hardware or cluster based system
usually does not provide ideal solutions.
N*Trade, coupled with innovative patent
architectures can provide supercomputing
performance to your applications at
very reasonable price.
<Case
Highlights>
N*Trade currently provides
its middleware solution to a leading
Korean securities company, enabling
OTC Hedging Analysis on grid. Previously,
analysts were only able to run calculations
of risk analysis
a limited times during a day, frequently
being able to check their positions
only after making decisions. This exposed
the company to additional risk from
positions that could not be verified,
restricting the flow of information
to the analyst. N*Trade competed against
established players in the IT service
industry such as Sun Microsystems and
IBM to win the first finance grid project
in Korea. Without any hardware modification,
N*Trade was able to return an impressive
increase in performance from an average
of 7,800 seconds per analysis to 130
seconds per analysis, later decreased
to 28 seconds on an upgrade. This 6,000%
increase in speed enabled the company
to perform more accurate analysis of
its risk profile, and improved services
in the time to market.
