1 / 21

Reference cases

Reference cases. Wouter Dupré Sr. Solution Consultant September 27, 2014. Financial Market. In general. Order sizes. =. +. Data!. Trading volumes. Market monitoring and surveillance. Monitor liquidity and latency of order fills Spot market abuse: front-running painting-the-tape

arden
Download Presentation

Reference cases

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Reference cases Wouter Dupré Sr. Solution Consultant September 27, 2014

  2. Financial Market

  3. In general Order sizes = + Data! Trading volumes

  4. Market monitoring and surveillance Monitor liquidity and latency of order fills Spot market abuse: front-running painting-the-tape ramping etc. Flash-crash No effective policing of markets A mainstream controversy

  5. How the FSA and Turquoise Make Progress:Preventing Market Abuse Pain: Market abuse Solution: Observing and responding to fraudulent patterns in real time Value: Prevented $ millions inloss from rogue traders

  6. Surveillance accelerator V2, launched April 2010quick start package - best practises accumulated

  7. European Bank – Credit Card Fraud Detection • Monitoring ATMs, credit cards, direct debits and bank transfers • Introduced an event-driven architecture • Reduced the time to process a suspected credit card abuse from 5 hours down to 5 minutes

  8. Other Reference Cases

  9. Prevent LossFraud Prevention: Crown Casino Pain:Prevent fraud in the casino. Thousands of gamblers; hundreds of surveillance cameras; only 10 surveillance officers. What to look at? Solution:Monitoring casino event (cards, chips, wins, losses, player identity, dealer identity) for fraudulent patterns in real-time. Point cameras at the likely fraud scenarios. Value created: Prevents $5m+ losses per year. Improved reputation from less fraud.

  10. How Royal Dirkzwager Makes Progress:Smart Maritime Logistics Pain: Customers wanted better, faster service and more reliable information Solution: Real-time visibility and control to optimize vessel speeds Value: Faster response rates and huge cost savings from operational efficiency

  11. How 3Italia Makes Progress:Maximizing Profit with Revenue Assurance Pain: Revenue leakage from pre-paid calling cards Solution: Real-time credit checks Value: $10m saved per year

  12. Another telco use case (under development)One of Europe’s largest GSM operators Pain: BI approach too slow to coverreal-time marketing needs Solution: Immediate sense-and-respond to subscriber actions Value: Faster time-to-market of personalized marketing campaigns

  13. Appendix Complex Event Processing and Apama basics

  14. The State of Current Technology DataAnalysis DataCapture Data Storage Action • Existing architectures have a “past-tense” view • Designed for transaction processing, not real-time response • Correlating and filtering events from moving streams is difficult • Creating a real-time, composite view from heterogeneous sourcesacross the enterprise is challenging • Time and spatial analysis is too complicated or not possible • Leads to “reactive” decision making

  15. Business is Event-Driven • Events flow in and out of the enterprise • Traditional applications • Order entry, Reservations, Inquiries • Sensor networks • SCADA, GPS/GIS, RFID, Barcode • Web and on-line services • Clickstreams, games, auctions • Transaction streams • Authorizations, market ticks, weather data Information Flow

  16. Business is Event-Driven “How many orders were placed for a stock?” “If a news article for IBM is followed by a 5% rise in its stock over any 10 second window and is correlated with a increase in the semiconductor index then buy 1,000 shares of IBM”

  17. Business is Event-Driven Events flow in and out of the business every day How you respond to them defines your competitive advantage Applications Devices(GIS, controls, telemetry, etc.) Networks (Web, markets, etc.) • Managing business events in real-time: • Gives you the situational awareness to act on opportunitiesor threats to the business • Increases business precision by knowing what’s happening now

  18. What is Event Processing? Event Processing technology enables applications to monitor, analyze and act on data in motion. Upstream/Downstream Apps EventCorrelator Devices (GIS, controls, telemetry, etc.) Data (warehouse, historian, etc.) Monitor:Track multiple streams of event data Analyze: Identify meaningful patterns Act: Act on opportunities and threats in real-time

  19. Empower your Business Users to Track Activity “On the Fly” BRANCHMANAGER IF A shipment ______ is marked as a “Important” 456 123 FOLLOWED-BY The Load is Potentially Late by ___ minutes 60 40 FOLLOWED-BY The Load is WITHIN ____ minutes of destination SALESPERSON 30 10 ! EMAIL DASHBOARD Live DeliveryTracking System ! ! Live WeatherInformation time Live LocationUpdates/GPS ShipmentSystem Monitoring Rule THEN Send Alert to _____ • Real-time data streams • Temporal sequencing real-time data streams • Complex event sequences • Real-time constraints • Automated actions

  20. Apama Architecture

More Related