Large Asian Bank Getting Ready for the Cloud: " Empowering Traders and Risk Managers using

1. Large Asian Bank Getting Ready for the Cloud: "Empowering Traders and Risk Managers using GigaSpaces XAP, .NET and Excel"

2. Large Asian Bank: Pain Points Before : • Sales and traders ran numerous spreadsheet models on their individual desktops • Calculation was not fast enough and PCs are not as reliable as servers • Retrieve market data, deal data, and account data from Sybase---long roundtrip time • May not be using thelatest version of the models developed by quants • Data has no semantics, mixing transaction data and pricing parameters in the Excel spreadsheet models

3. Large Asian Bank: Value Proposition Now : • Move computational tasks to the cloud. Spreadsheets are merely GUIs for parameter inputs and data viewing • Calculation speeds up by 5 times. Using the same number of cores, MC simulation went from 30 seconds to 5 seconds. More servers, faster computation • If a PC crashes, simply restart, no loss of data or computation time • Retrieve market data, deal data, and account data from the cloud in milliseconds • With Sharepoint server and the cloud, 10 sales and 3 traders always use thelatest version of models

4. ARCHITECTURE MERGING GS & HPC SERVER HPC Server 2008: Prioritize jobs, suppress resources for PUs of lower priority jobs if necessary HPC Server 2008

5. LOW LATENCY MARKET DATA SERVICE e.g. Reuters, Bloomberg, HKEX…

6. COMPUTATION SERVICE HPC Server 2008

7. PARALLEL MODE HPC Server 2008

8. MIDDLE OFFICE SI AND DATA BACKUP

9. EVENT TRIGGER ANALYTICS COMPUTATION HPC Server 2008

10. Large Asian Bank: Summary Recap Benefits to the Customer • Move computational tasks to the cloud. • More servers, faster computation • No loss of data or computation time if PC crashes • Retrieve data in milliseconds • Versioning and access control