m35 announces breakthrough performance for enterprise risk automation solution, DataTrans, with Intel

London15 September 2008

m35 announced today they have achieved a new performance benchmark with their enterprise automation solution, DataTrans, using Intel’s latest products. This new performance test demonstrates that DataTrans for m35 can provide significant improvements for the management of risk by enabling the processing of 5 billion Present Values (PVs) in under one hour and therefore giving a critical timing advantage to financial firms who struggle within narrow processing windows for complex risk calculations closest to the point of trade.

Using the Intel fasterLAB in London, m35 was able to test high volume performance for Value at Risk (VaR) calculations within a controlled test-bed environment. Three tests were established to replicate different multi data heterogeneous source scenarios, including a typical ESB (Enterprise Service Bus) architecture pattern and also using Intel’s SOA Expressway. In each case 4 XML files containing 1.25 billion PVs each were made available at the same point in time on the file servers. All tests consumed, transformed and routed 5 billion PVs in less than one hour. The test using Intel® SOA Expressway achieved a record time of 49 minutes 51 seconds, which represents 1.67 million PVs per second.

Commenting about the tests, m35’s managing director, Jason du Preez, said: “Low latency and high performance across business applications are key issues for financial firms as they strive to keep pace with regulatory demands, maintain efficiencies and increase data volumes. These performance results demonstrate m35’s ability to meet the most challenging environments for data automation, whether distributed VaR calculations or the most complex algorithmic trade processing. We are particularly pleased with the accelerated performance we have achieved with DataTrans deployed with Intel’s XML acceleration technology, SOA Expressway and we are confident that our collective highly optimized solution will deliver competitive advantage and processing efficiencies to firms in the finance sector.”

Nigel Woodward, Global Director, Financial Services for Intel said: “At Intel we recognize that it is essential to apply our technology to the critical workloads that our clients undertake. Intel Architecture (IA) is delivering in the areas of HPC – the traditional realms of trading and risk in FSI. These tests completed by m35 in the fasterLAB underpin the benefit of using and optimizing on the latest multicore technologies. The combination of DataTrans on Xeon E54xx series Harpertown processors with SOA Expressway and optimized to the silicon has in this instance shown that risk calculations can be performed ever closer to the point of trade – giving immediate contribution to business processes.

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