17 October 2017
Register now

SunGard releases Credient benchmarks

14 August 2002  |  3693 views  |  0 SunGard releases Credient benchmarks

SunGard Trading and Risk Systems has released the results of benchmark testing of its Credient hosted credit risk management solution performed under laboratory conditions at Microsoft in the UK.

In the tests, Credient’s risk server handled over 200 simultaneously active dealers, processed approximately 12,000 new deals per hour using three processing servers on three single processor machines, and completed end-of-day processing in two and a half hours for a large portfolio of 500,000 deals.

With advanced analytic measures that deliver portfolio-wide exposure profiles in real-time over the life of the deal, the maximum throughput was 9000 deals per hour. With Credient linked to 16 remote dealers via an ISDN connection the results showed approximately 5000 deals per hour throughput. For each deal, the processing involves updating approximately 50 portfolio credit exposures and performing limit checks against them.

The 500,000-deal portfolio employed during testing was designed to resemble a typical client portfolio with FX forwards and FX spot trades each representing 40% of the portfolio and options the remaining 20%. The foundation data set created to support the deals consisted of 2,000 counterparties, 24 primary currencies, 16 countries, 27 cities and five industries.

The tests were performed over five days and thousands of deals were processed without system failure or the need to restart components, says SunGard.

The vendor attributes the performance to Credient's n-tier architecture, which keeps the database, application and presentation layers separate and enables it to operate resiliently in a high-performance, clustered environment.

Steve Husk, president of the Credient/Infinity operating unit, says: "As a hosted service Credient must be available to clients 24 hours a day, seven days a week. At the same time it must be expected to process many transactions per hour."

The tests were conducted over MS Windows 2000 Server Advanced, Microsoft Application Center 2000 and MS SQL Server 2000 Enterprise Edition. The hardware used during these tests were Dell Poweredge 6300 Server and Compaq Proline 8500 using Intel’s Xeon processors.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

SunGard to debut liquidity management solution at Sibos

SunGard to debut liquidity management solution at Sibos

14 August 2002  |  5088 views  |  0 comments
SunGard buys Monis

SunGard buys Monis

13 August 2002  |  4064 views  |  0 comments
SunTrust chooses SunGard for correspondent brokerage

SunTrust chooses SunGard for correspondent brokerage

07 August 2002  |  4078 views  |  0 comments
Barclays deploys SunGard BancWare

Barclays deploys SunGard BancWare

05 August 2002  |  4367 views  |  0 comments
SunGard revenues flat as banks defer spending

SunGard revenues flat as banks defer spending

23 July 2002  |  4366 views  |  0 comments
SunGard to buy Brut ECN - WSJ

SunGard to buy Brut ECN - WSJ

09 July 2002  |  6529 views  |  0 comments
Settlement hub added to SunGard Transaction Network

Settlement hub added to SunGard Transaction Network

20 June 2002  |  4035 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.temenos.comvisit www.vasco.comvisit www.innotribe.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
14427 views comments | 11 tweets | 3 linkedin
Taiwan's Far Eastern International Bank suffers malware attackTaiwan's Far Eastern International Bank su...
13058 views comments | 16 tweets | 22 linkedin
Monzo fends off suitors as current account upgrade beginsMonzo fends off suitors as current account...
8955 views comments | 17 tweets | 14 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
7898 views comments | 15 tweets | 20 linkedin
Ripple blockchain network hits 100-member markRipple blockchain network hits 100-member...
7598 views comments | 13 tweets | 13 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job