DrKW ports Yolus to HP-Lintel servers
19 October 2004 | 2403 views | 0
Source: Yolus Limited
By using Yolus software with low cost Linux servers Investment Bank Dresdner Kleinwort Wasserstein (DrKW) has seen a 45% reduction in the cost of the IT infrastructure needed to support its Risk Management operation.
Yolus personnel worked with the DrKW team to assist with porting Yolus' risk management software to DrKW's Linux/Intel platforms. Yolus test tools were used to simulate the vast quantities of data throughput and user data requests anticipated for the new platform. Following a process of optimisation the system was certified by DrKW and rapidly promoted to production. The servers supporting Yolus are deployed in London, although the application is used by offices worldwide and accessed through a desktop application that runs on Microsoft Windows. Yolus connects with trading systems across the bank to consolidate and aggregate profit and loss (P&L) and risk sensitivities and present an enterprise-wide view of risk.
"When we were moving onto a Lintel platform we encountered one main hurdle. The size of the Java Virtual Machine (JVM) we could run on a Linux and 32-bit Intel architecture was smaller than what we could run on Solaris - Yolus' federated architecture overcame these scalability issues." says Pascal Emile, Global Head of Market Risk IT. Pascal continues "This has been a tremendous collaborative effort to deliver a new platform whose Total Cost of Ownership is lower than the maintenance costs of the old infrastructure".