IT Risk Management

Inforisk.esSIMPLIFYING COMPLEXITY

Ideas for 2014IT for Risk Management


Existing Investment in Misys KGR/MGR

Cost effective way to achieve goal

Hidden Cost

Solutions

Vision & road map


Existing Investment in Misys KGR/MGR

KSP/Bond SPDeal attribute enhancement

Re-import of PVS for

performance

Perl Scripts to distribute

across servers

Manual splitting into

sub MRPs

NPV correction

Connection timeout bug

Totals calculations

Strategies import/KIM

Remote Support

Decay factor bug

Time series import

4GB limit issue

MGR

KGR


2012/2013 Prices Misys compatible databases

2012/2013 Prices misys compatible

databases

“Estimated; will depend on actual bandwidth / IO used"


Legacy/Leading Edge

High cost of fixing bugs due to being

beta user

High cost of legacy system as vendor ‘milks’

locked in customers

MGRc

Sybase DB


Deal Flow

Deal InputDeal Input

Deal Manager

Deal Manager

Deal Flow Engine

Deal Flow Engine

Error ScreenError

Screen

K+K+

Flow Monitor

Flow Monitor

DBDB

Trigger sproc

Generatesproc

Deal

Generated Deals


Deal Flow AlternativeDeal InputDeal Input

Deal Manager

Deal Manager

TradeKastTradeKast

KISKISK+K+

Custom Engine (KIM?)

Custom Engine (KIM?)

DBDB

Trigger sproc

Deal

Generated

Deals


Deal Flow

Deal Flow AlternativeDeal Flow

+ Slightly simpler architecture+ Slightly quicker to implement+ Error shown in GUI+ Flow monitor in GUI

+Lower cost


VaR in Spotfire now (SubMRP)

XML

Perl Scripts

Perl Scripts

RisKatcher

RisKatcher

RKRK

RKRK

Perl Scripts KIM

XML CSV

DBDB

sprocsproc

Spotfire

Manual Input +

Workaround strategies

Kondor+Kondor+

Situation Now (More or Less)

KGR

MGR

MGR


VaR in Spotfire Future

MGRMGRMRPs

XML

Scenario

Grid Manager

RKRK

RKRK

RKRK

In memory Hyper Cube

Drill-down On-demand

Summary

Spotfire

K+K+Recalculate request Intra day


MRP Breakdown/Reassembly

Scenario

Deals

Requests RKRK

RKRK

RKRK

Deals

PVs

Scenario


Cineca

MGR

Scenarios

MRPs

Grid Coordinator

In memory Hypercube Spotfire

Server Farm

Sybase / MS SQL

Sybase / MS SQL

Sybase / MS SQL

($) ($) ($)


Cineca

MGR

Scenarios

MRPs

Grid Coordinator


Server Farm

MS SQL

server

cloud ??


Cineca

MGR

Scenarios

MRPs

Grid Coordinator


Server Farm


Grid Coordinator + In Memory Hypercube

Advantages+ Quicker – Better Performance+ Simpler – Less maintenance+ Less configuration /reconfiguration+ More cost effective+ Applicable to Cineca+ Intra day recalculation possible+ Scalable + No Legacy costs+ PVs calculate once for RF & Totals


Inforisk.es for software Development

Reasons Why?+ Low overheads – no debt to service+ Experience in scalable, 24/7, secure (c.c.)+ Experience in massively parallel distributed

computing+ World class developers in Poland + KIM/EM ID installed at Unipol now+ Customers - DB, Nomura, CSFB, CG, Reuters, + CRs implemented quickly


Action Request

+Grid Coordinator+In Memory Hypercube (Rk/Spotfire)+Deal Generator

Proposal with specifications and roadmaps


Grazie

Thank You

Gracias


Linux Advantages

+GPU for CVA calculations performance+Compatible with Cineca+Future proof+Runs on existing hardware


The Future

+ Less RDBMS+ More in memory+ Processing+ Memory


Single Server vs Distributed Computing

Single Server Memory to 4TB Processors to 96+ No comms delay+ Resource contention in h/w+ No sync issues

Distributed Computing+Memory unlimited+Processors unlimited - Comms delays can outweigh advantages - Syncing state - Resource contention

Better for aggregations/analysis Better for calculations MapReduce

(Possible scaling across servers by 1 hypercube/day)

IT Risk Management

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