PRISM for stock exchange

AT A GLANCE

Super-computer performance for real-time risk analysis at one of the top five stock exchanges in the world (measured in terms of number of trades per day).

Challenges

Allowing traders to trade with less margin money and yet tightly controlling their risk exposure with complex mathematical models run on supercomputers, not simple business rules.

Solutions

Designing the PRISM (Parallel Risk Machine) which works on a cluster of off-the-shelf Linux servers with a low-latency communication layer (MPI) to tie the cluster together to deliver supercomputer performance with always-on reliability.

NOW THATโ€™S VALUE

PRISM integration enabled the stock exchange to reach unprecedentedlevels of trading throughput and riskmitigation. It became the only exchange in the world to use real-time Value-At-Risk analysis techniques to build an efficient marketplace.

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