Case Studies Hazelcast IMDG accelerates risk management reporting, Decreases risk exposure

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	Hazelcast IMDG accelerates risk management reporting, Decreases risk exposure

Hazelcast IMDG accelerates risk management reporting, Decreases risk exposure

Technology Category	Application Infrastructure & Middleware - Data Exchange & Integration Analytics & Modeling - Real Time Analytics Application Infrastructure & Middleware - Database Management & Storage
Applicable Industries	Finance & Insurance
Applicable Functions	Business Operation
Use Cases	Process Control & Optimization Regulatory Compliance Monitoring
Services	System Integration Software Design & Engineering Services
Challenge	Since the financial crisis of 2008, risk management and capital adequacy have become a top focus for regulatory bodies around the world. It has increasingly become important for many businesses to provide accurate and timely risk reporting to regulatory agencies. Older risk systems often store data in relational databases (RDBMs), sometimes using 3rd party software and schemata. The transfer of this data from front to middle and then to back office systems is often a fragile, batch-oriented process. These flows can be hard to understand and transform. Additionally, bringing together this data often requires lengthy development projects to compensate for mismatched schemata and platforms. Read More
About Customer	SunGard Asset Management is a prominent player in the financial services industry, providing comprehensive risk management solutions to major financial institutions around the globe. The company focuses on developing advanced financial risk systems that address challenges such as the implementation and distribution of complex algorithms, Big Data, class modeling, and UX design. With a commitment to leveraging cutting-edge technology, SunGard Asset Management aims to simplify architectures and deliver significant benefits to its clients. The company's risk product offering, built on Hazelcast IMDG, forms the foundation of its solutions, enabling efficient data management and real-time analytics. Read More
Solution	Hazelcast IMDG provides a unique set of features that are perfectly suited to unifying corporate risk data, making the needed analytics and reporting relatively easy — and doing all of this across a highly available, low latency platform. Hazelcast IMDG is a schema-less data store and can adapt to the changing data needs of your organization, and time to production is significantly accelerated. Hazelcast IMDG can scale with much less effort than NoSQL and RDBMs, reducing operational involvement and associated hardware costs. As a fully in-memory data store, Hazelcast IMDG can transform and ingest data in microseconds, providing throughput and query. Hazelcast IMDG is both a distributed computation system and a data store in the same footprint — eliminating network transit latency penalties from moving data back and forth. Read More Log in to view content
Contents

Technology Category

Application Infrastructure & Middleware - Data Exchange & Integration

Analytics & Modeling - Real Time Analytics

Application Infrastructure & Middleware - Database Management & Storage

Applicable Industries

Finance & Insurance

Applicable Functions

Business Operation

Use Cases

Process Control & Optimization

Regulatory Compliance Monitoring

Services

System Integration

Software Design & Engineering Services

Challenge

Since the financial crisis of 2008, risk management and capital adequacy have become a top focus for regulatory bodies around the world. It has increasingly become important for many businesses to provide accurate and timely risk reporting to regulatory agencies. Older risk systems often store data in relational databases (RDBMs), sometimes using 3rd party software and schemata. The transfer of this data from front to middle and then to back office systems is often a fragile, batch-oriented process. These flows can be hard to understand and transform. Additionally, bringing together this data often requires lengthy development projects to compensate for mismatched schemata and platforms.

About Customer

SunGard Asset Management is a prominent player in the financial services industry, providing comprehensive risk management solutions to major financial institutions around the globe. The company focuses on developing advanced financial risk systems that address challenges such as the implementation and distribution of complex algorithms, Big Data, class modeling, and UX design. With a commitment to leveraging cutting-edge technology, SunGard Asset Management aims to simplify architectures and deliver significant benefits to its clients. The company's risk product offering, built on Hazelcast IMDG, forms the foundation of its solutions, enabling efficient data management and real-time analytics.

Solution

Hazelcast IMDG provides a unique set of features that are perfectly suited to unifying corporate risk data, making the needed analytics and reporting relatively easy — and doing all of this across a highly available, low latency platform. Hazelcast IMDG is a schema-less data store and can adapt to the changing data needs of your organization, and time to production is significantly accelerated. Hazelcast IMDG can scale with much less effort than NoSQL and RDBMs, reducing operational involvement and associated hardware costs. As a fully in-memory data store, Hazelcast IMDG can transform and ingest data in microseconds, providing throughput and query. Hazelcast IMDG is both a distributed computation system and a data store in the same footprint — eliminating network transit latency penalties from moving data back and forth.

Impact #1	SunGard Asset Management used Hazelcast to provide a complete overhaul of their risk system architecture including analytics grids, market and security masters, reporting engines, and tooling.
Impact #2	The product developed by the team is now in place at major financial institutions around the globe.
Impact #3	Hazelcast forms the foundation of SunGard’s risk product offering and delivers significant benefits in a number of areas.

Impact #1

SunGard Asset Management used Hazelcast to provide a complete overhaul of their risk system architecture including analytics grids, market and security masters, reporting engines, and tooling.

Impact #2

The product developed by the team is now in place at major financial institutions around the globe.

Impact #3

Hazelcast forms the foundation of SunGard’s risk product offering and delivers significant benefits in a number of areas.

Benefit #1	Hazelcast IMDG can transform and ingest data in microseconds.
Benefit #2	Hazelcast IMDG reduces operational involvement and associated hardware costs.

Benefit #1

Hazelcast IMDG can transform and ingest data in microseconds.

Benefit #2

Hazelcast IMDG reduces operational involvement and associated hardware costs.

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Overview

Hazelcast IMDG accelerates risk management reporting, Decreases risk exposure

Operational Impact

Quantitative Benefit