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Financial Services Industry Challenges and the Big Data Opportunity The financial services industry is experiencing a wave of innovation enabled by big and fast data at a time of unprecedented regulatory pressure, margin compression and fraud- and security-related challenges. This translates into the need to create both offensive and defensive business strategies enabled by advanced technology: On the offensive side, big data can improve customer segmentation and service; fast data can also improve real- time risk analytics and high-frequency trading. On the defensive side, graph technology combined with streaming data can revolutionize the accuracy and responsiveness of firms to cybersecurity issues like anti-money laundering (AML), fraud or trader surveillance, reducing false positives and improving reaction to new attack methods. The Urika-GX platform can drastically improve anomaly detection to improve the quality of response to fraud while enabling steep improvements in compliance department productivity. The same technology can also be used to significantly improve quantitative model creation and backtesting, to ultimately improve confidence in trading strategy returns. As the financial services marketplace grows more complex and competitive, companies need to generate higher returns while keeping the same risk profile. The firms that win will be those that can act quickly enough to make the best decisions in the right timeframes — and this takes both compute power and cutting-edge analytics to handle data-intensive and highly iterative workloads. For example, in the area of risk management, firms are looking to move their highly parallel value at risk (VAR) workloads to more real-time execution via platforms like Spark™, but this requires high bandwidth, high throughput, con- currency and any-to-any communications with an underlying high performance computing capability. Cray ® Urika ® -GX Agile Analytics Platform for Financial Services A Powerful Platform for Trading Strategy Development, Risk Analytics, Compliance and Fraud Detection About the Urika-GX Platform for Seizing Big Data Advantages Cray’s Urika-GX system provides an agile analytics platform with an unprec- edented combination of versatility and speed to tackle your most complex business challenges. It fuses the power of supercomputing with an open, enter- prise-standard framework for break- through insight, blazing-fast results and business agility. Differentiators • Single, unified hardware-software solution that’s ready in days • Run Hadoop ® , Spark™ and graph concurrently • On-node memory to accelerate results • Cray Aries™ interconnect for the fastest available in-memory analytics • Cray Graph Engine integrated and tuned for complex pattern matching • Open framework can integrate new technologies as they emerge

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Page 1: Cray Urika -GX Agile Analytics Platform for Financial Services · Financial Services Industry Challenges and the Big Data Opportunity The financial services industry is experiencing

Financial Services Industry Challenges and the Big Data OpportunityThe financial services industry is experiencing a wave of innovation enabled by big and fast data at a time of unprecedented regulatory pressure, margin compression and fraud- and security-related challenges. This translates into the need to create both offensive and defensive business strategies enabled by advanced technology: On the offensive side, big data can improve customer segmentation and service; fast data can also improve real-time risk analytics and high-frequency trading. On the defensive side, graph technology combined with streaming data can revolutionize the accuracy and responsiveness of firms to cybersecurity issues like anti-money laundering (AML), fraud or trader surveillance, reducing false positives and improving reaction to new attack methods.

The Urika-GX platform can drastically improve anomaly detection to improve the quality ofresponse to fraud while enabling steep improvements in compliance department productivity.The same technology can also be used to significantly improve quantitative model creationand backtesting, to ultimately improve confidence in trading strategy returns.

As the financial services marketplace grows more complex and competitive, companies need to generate higher returns while keeping the same risk profile.

The firms that win will be those that can act quickly enough to make the best decisions in the right timeframes — and this takes both compute power and cutting-edge analytics to handle data-intensive and highly iterative workloads. For example, in the area of risk management, firms are looking to move their highly parallel value at risk (VAR) workloads to more real-time execution via platforms like Spark™, but this requires high bandwidth, high throughput, con-currency and any-to-any communications with an underlying high performance computing capability.

Cray® Urika®-GX Agile Analytics Platform for Financial ServicesA Powerful Platform for Trading Strategy Development, Risk Analytics, Compliance and Fraud Detection

About the Urika-GX Platform for Seizing Big Data Advantages

Cray’s Urika-GX system provides an agile analytics platform with an unprec-edented combination of versatility and speed to tackle your most complex business challenges. It fuses the power of supercomputing with an open, enter-prise-standard framework for break-through insight, blazing-fast results and business agility.

Differentiators

• Single, unified hardware-software solution that’s ready in days

• Run Hadoop®, Spark™ and graph concurrently

• On-node memory to accelerate results

• Cray Aries™ interconnect for the fastest available in-memory analytics

• Cray Graph Engine integrated and tuned for complex pattern matching

• Open framework can integrate new technologies as they emerge

Page 2: Cray Urika -GX Agile Analytics Platform for Financial Services · Financial Services Industry Challenges and the Big Data Opportunity The financial services industry is experiencing

The Solution: A Converged, High-Performance Analytics PlatformThe Cray Urika-GX agile analytics platform converges supercomputing with the most advanced big data capabilities in one powerfulanalytics solution. The Urika-GX system is an open-standards-compliant, highly performant, reliable and scalable system that enables the most demanding graph, machine learning and real-time Spark analytics, as well as more traditional reporting, on a single platform.

Key Capabilities for Financial Services Firms• Bring standard Hadoop/Spark tools and Cray’s unique graph engine together on a single platform with dense compute and memory

and a parallel file system.• Gain breakthrough insights by combining multiple big data workloads — from Hadoop and Spark for massive, variable data and

iterative demands to complex graph analytics for hard-to-find patterns — into a single workflow, avoiding data movement.• Run complex workloads like Comprehensive Capital Analysis and Review (CCAR) stress testing and quantitative analytics (e.g.,

algorithmic trading, portfolio/position risk assessment or complex asset valuation) on one unified platform rather than siloes of inefficient machines.

• Enable near-real-time analytics/discovery in areas like pattern matching, market sentiment analysis, credit valuation adjustment (CVA) or counterparty risk.

• Represent regulatory policy as a precise graph ontology to accurately scan transactions for complex breaches, enable smart compliance directly representing regulatory policies and provide powerful investigation tools for breakthrough productivity.

• Ensure your analytics infrastructure is built on an open framework, with standard software and integrated design, that reduces complexity and resource requirements and can evolve as new analytics technologies and regulations emerge.

Benefits for Financial Services Firms• Stronger cybersecurity, fraud detection and surveillance: The Urika-GX system enables analysts to find anomalous activity with

greater speed and generate fewer false positives than traditional rules-based systems.• Reduced latency/faster model development: The Urika-GX platform delivers massive speed benefits. For example, traders

can see how the factors at play (currency value, value of other stocks, S&P benchmarks, etc.) compare to historical trends and determine the relationships between various transactions to accurately forecast a stock’s value or identify undervalued equities. The Urika-GX system can significantly reduce latency of CVA, counterparty risk, pattern matching and other factors.

• Improved accuracy: Firms can create smarter algorithmic trading strategies, executing deeper testing of complex models to improve the degree of confidence in strategy performance.

• Analytical agility: With the Urika-GX platform, firms can easily adapt to changing data sources, business questions and analytical approaches and be prepared for future demands such as Basel IV.

Getting StartedFind out how Cray’s Urika-GX agile analytics platform can uncover a whole new world of insights — new connections, relationships and big opportunities — for the financial services industry. The key to success is to understand your data-intensive and highly iterative workflows and how Cray technology can benefit your firm.

• Learn more about the Urika-GX platform• Find out more about Cray’s solutions for financial services• Contact Cray

Cray® Urika®-GX Agile Analytics Platform for Financial ServicesA Powerful Platform for Trading Strategy Development, Risk Analytics, Compliance and Fraud Detection

Cray Inc. • 901 Fifth Avenue, Suite 1000 • Seattle, WA 98164 • Tel: 206.701.2000 • Fax: 206.701.2500 • www.cray.com

© 2016 Cray Inc. All rights reserved. Specifications are subject to change without notice. Cray, the Cray logo and Urika are registered trademarks of Cray Inc. Intel, Xeon and the Intel logo are trademarks of Intel Corporation in the U.S. and/or other countries. All other trademarks mentioned herein are the properties of their respective owners.