Large U.S. Proprietary Trading Firm - Customer Case Study

A large U.S. proprietary trading firm specializing in derivatives uses DDN as its worldwide data repository for market, economic and company data. The team in charge of strategic technology decisions knew their previous infrastructure no longer fit business requirements. Of their multiple trading groups, each had individual data repositories, leading to imperfect and differing market views between teams, at a very high cost of unshared infrastructure to the company. To create richer and more uniform data inputs across departments, decrease infrastructure costs through consolidation and build a solid foundation for future growth, SFA® storage engines were selected with the IBM® GPFS parallel file system. This solution delivers more than a 3x improvement in algorithm development speeds. Our customer is now able to leverage almost a petabyte of data quickly and efficiently across multiple teams. The high performance repository is complemented by a large and growing DDN-based archive solution, which is extremely cost-effective and stores less active data, worldwide.