Mr Francis Ng, Ph.D, Director of Business of Cluster Technology
Francis Ng graduated from Stanford University with a doctoral degree in Management Science and Engineering. Prior to joining Cluster Technology, he was a consultant for MNCs such as General Motors and Nestle. Francis also served as the Director of Product Development of Buildfolio, a software company focused on the construction and facility management industry.
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Topic - In the Financial Services industry, Traders and Risk Analysts stress their Excel spreadsheets by inputing large volumes of data from web services and then process them in complicated simulations and pricing algorithms. Utilizing GigaSpaces eXtreme Application Platform (XAP), users are now able to run Monte Carlo Simulations, VaR calculations, and other parallel applications on a cloud. They will no longer suffer from overloading desktop CPUs, long processing times and frequent crashes. The cloud can scale on demand and collaboration between multiple Excel users becomes easier. Clustertech has helped one of the largest banks in China transform their trading floor by speedup up pricing and quotation as well as enhancing risk control. In this presentation, we will show how to port spreadsheet applications to a cloud.
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ClusterTech - Empowering Traders and Risk Managers using GigaSpaces XAP.NET and Excel
1. Getting Ready for the Cloud: " Empowering Traders and Risk Managers using GigaSpaces XAP, .NET and Excel " Francis Ng Ph.D. Director of Business Cluster Technology Limited December 11, 2008
2. AGENDA Introduction of CLUSTERTECH Sample Architecture of a bank - SaaS Low Latency Market Data Service Computation Service Pa rallel Monte Carlo Simulation Middle Office SI and Data Backup Event Trigger Analytics Computation AGENDA
3. ABOUT CLUSTERTECH CLUSTERTECH was founded in 2000. CLUSTERTECH headquarters in the Hong Kong Science Park CLUSTERTECH has 50 professional staffs with higher degrees (15 Ph.D.s) in science and engineering and reputable clients in financial and government sectors. CLUSTERTECH is focused on applying grid and cluster technologies in financial engineering and business intelligence applications.
4. WHY CLUSTERTECH? CLUSTERTECH offers Consulting on All Aspects of HPC : Custom built financial engineering and business intelligence softwar e Parallelization of application code Design and code tuning for specific hardware platforms Cluster management and job scheduling softwares Cost Comes Down because : less expensive hardware is needed. Productivity Increases because: waiting time is reduced . Profitability also Increases because: you are doing a better job in forecasting and gathering business intelligence
14. END OF PRESENTATION Email: [email_address] Tel: (852) 26556116 Units 211-213, Lakeside 1, No 8 Science Park West Avenue, Hong Kong Science Park, Shatin, NT, Hong Kong.
![END OF PRESENTATION Email: [email_address] Tel: (852) 26556116 Units 211-213, Lakeside 1, No 8 Science Park West Avenue, Hong Kong Science Park, Shatin, NT, Hong Kong.](https://image.slidesharecdn.com/clustertech-empowering-traders-and-risk-managers-using-gigaspaces-and-excel-1229484384645274-2/85/ClusterTech-Empowering-Traders-and-Risk-Managers-using-GigaSpaces-XAP-NET-and-Excel-14-320.jpg)