Real-Time Analytics

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bullion™ for real time analytics
Real-time analytics Appliance
for timely decision-making
in finance!
Following the financial crisis and
the strengthening of regulations,
banks must better manage risks
in terms of market, credit and
liquidity.
Atos partners with Quartet FS to
develop a new real-time analytics
Appliance based on bullion to
bring to the users a solution
“in the box” able to handle
advanced analytics in-memory
with maximum performance.
Finance industry: impacted by
change
With digital transformation, analyzing huge
sets of data helps businesses identify risks,
detect new opportunities and enables
fast-decision making for quick action. This
timely decision making based on reliable
information requires performance and very
low latency.
In the finance industry, following the 2008
financial crisis and the strengthening of
regulations, banks must not only calculate
risks but also be able to check their
computations results at any moment. This
requires that, on one hand, traders and risk
managers run an increasing number of
simulations on the fly over large amounts
of data that change continuously. On the
other hand, controllers must be able to drill
down to the most detailed level of calculus
in order to detect and explain any potential
anomaly.
Being able to calculate all types of risk
metrics with data visualization both
aggregated and very detailed is a real
challenge that can only be met with inmemory computing. We will detail 2 use
cases where real-time analytics makes all
the difference.
Risk management use-case:
Credit Valuation Adjustment
(CVA)
To close a deal, a trader needs to propose
a competitive pricing while still covering
the associated risk. The Credit Valuation
Adjustment (CVA) is a standardized tool,
already used and calculated on individual
financial products to measure risk exposure.
Nowadays, due to the duration of calculus,
the CVA is often processed after a decision
has been taken. And over provisioning
risk means less competitive pricing and
likely results in lost deals. Better risks
management means interactive CVA
supervision through a simulation engine
integrating constantly evolving data. The
answer is a real-time analytics platform.
Adapting to drastic changes of
the Trading Book Review Rules
Following the recent financial crisis, the
Basel Committee, is conducting the
Fundamental Review of Trading Book
(FRTB) rules. One important paradigm
change is that pre-aggregated data will not
be allowed anymore; the data volume to
be processed will therefore be drastically
increased in order to keep all the data
associated with each transaction and each
type of risk (to be able to decompose each
and every P&L vector by type of risk).
Moreover, different liquidity profiles will have
to be taken into account in stress scenarios.
This will result in more stress scenarios to
execute and thus more processing power
needed in addition to the increase in data
volumes.
For a fast answer, data must be stored inmemory to provide fast response time and
interactive drill down. More data means of
course a larger memory footprint. Classical
IT solutions based on scale-out commodity
servers generating huge lags are not
appropriate due to shared memory/network
latency constraints. You need an in-memory
scale-up server with a huge memory footprint.
This is now possible with Atos new real-time
analytics Appliance based on Active PivotTM
and powered by the platform Java Booster
by bullion.
ActivePivot from Quartet FS is an innovative
java in-memory database, aggregation &
calculation engine that enables financial
institutions to calculate all types of risk
metrics. Thus a company has the capability
to manipulate massive amounts of evolving
data, coming from various systems and
apply its own business/aggregation logic.
Users can run an unlimited number of
parallel what-ifs scenarios and calculations,
visualize their data and build their
dashboards. In-memory technology
completes all operations, no matter how
complex, in a matter of seconds instead
of minutes or hours and ensures a fluid
end-user experience. Changes in the data
streams surface in real time and monitoring
is vastly simplified.
The Java Booster platform is based on
bullion, high-end enterprise x86 servers
from Bull (the Atos brand for technology
products and software) and the Zing Java
Virtual Machine (JVM) from Azul Systems.
Bullion servers have a unique memory
capacity (up to 24 TB). Their modular
and scalable architecture, from 2 to 16
processors (up to 288 cores) enables
to fully guarantee your investments.
Hence, you can start small and with
the same technology and without any
architecture change, evolve in your needs
simply by adding compute modules
or memory blades. In addition, bullion
meets the highest standards of availability,
performance, and quality of service
making it a server of choice for in-memory
applications.
Another key component is the Java Virtual
Machine (JVM) from Azul.
Zing is designed to remove memory
limitations enabling to break the classical
Java 150/300 GB memory limit and expand
it further without performance impact.
Allowing heap sizes of hundreds of GBs
without pauses, Zing allows you to meet
even the most demanding service level
agreements whatever the data volume
and without depending upon JVM tuning
experts.
This bullion–Azul combination is a best of
breed for in-memory java enabling very
detailed in-memory data analysis (up to 10
TB useful data).
This brochure is printed on paper combining
40% eco-certified fibers from sustainable forests
management and 60% recycled fibers in line with
current environment standards (ISO 14001).
Powered by Java Booster
by bullion
A Big Data Appliance to make
it simple
Bull has designed together with Quartet FS
a new appliance, providing a solution “in
a box” with unmatched scalability and
performance.
This appliance itself provides the values of a
fully integrated system:
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Pre-tested, validated and integrated
Easy and fast deployment
Simplified management
One-stop shopping, one-stop support
Optimized TCO.
ActivePivot and Java Booster by bullion : a whole range
1,5TB: S2
3TB: S4
6TB: S8
All trademarks are the property of their respective owners. Atos, the Atos logo, Atos Consulting, Atos Worldgrid, Worldline, BlueKiwi, Bull, Canopy the Open Cloud Company, Yunano, Zero Email, Zero
Email Certified and The Zero Email Company are registered trademarks of the Atos group. Intel, the Intel logo, Intel Inside, the Intel Inside logo, Xeon, Xeon Inside are trademarks of Intel Corporation
in the U.S. and/or other countries. Atos reserves the right to modify this document at any time without notice. Some offerings or parts of offerings described in this document may not be available
locally. Please contact your local Atos office for information regarding the offerings available in your country. This document does not represent a contractual commitment. - February 2016 © 2016 Atos
In-memory software for
finance: ActivePivot from
Quartet FS
Scalability, Guaranteed performance, Flexibility
F-Real-time analytics Appliance-en
The benefits of bullion real-time analytics appliance:
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Easy capacity expansion to follow business growth and evolution
Ready for massive data usage
An innovative software stack to deliver real-time results for finance data-based decision making
Simple: pre integrated stack with guaranteed performance
High Performance and pauseless operations
One stop shopping, single point of support
Your business technologists. Powering progress
www.bull.com/bullion
12 TB: S16
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