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First Rate Generates Billions of Nightly Returns With Information Builders’ Technology
技术
- 分析与建模 - 实时分析
- 应用基础设施与中间件 - 数据交换与集成
适用行业
- 金融与保险
适用功能
- 商业运营
用例
- 实时定位系统 (RTLS)
服务
- 云规划/设计/实施服务
- 数据科学服务
挑战
First Rate Investments, a company that provides software and services to calculate rates of return on investment portfolios for investment advisors and financial institutions, faced the challenge of generating performance-return records for millions of accounts. This involved creating and storing more than one billion account-return records in about six hours, which works out to more than 40,000 returns computations per second. The company needed to process a high volume of portfolios in a short period of time, which was crucial for its expansion in Europe and Asia. Business continuity and resilience were of utmost importance to its clients, who needed assurance that First Rate could fulfill service-level agreements (SLAs) for high volumes of data.
关于客户
First Rate Investments is a company based in Arlington, Texas, that provides software and services to calculate rates of return on investment portfolios for investment advisors and financial institutions. The company has created a web-based performance measurement solution that reveals minute details within millions of portfolios. Wealth managers, financial advisors, and registered investment advisors use First Rate’s software products to deliver portfolio information to their customers. The company processes more than two million accounts every night after the market closes, generating performance-return records for each investment holding, asset, and style class in every account. First Rate has captured the portfolio analysis and performance measurement business of more than 350 institutions worldwide, including five of the ten largest domestic trust firms and many of the largest financial institutions in the U.S.
解决方案
First Rate Investments used integration and business intelligence (BI) software from Information Builders as essential components of its First Rate Performance suite of applications. The company used WebFOCUS to generate performance-return records for each investment holding, asset, and style class in every account. To meet escalating client demands, First Rate built a robust farm of WebFOCUS servers. Currently, 16 multi-core servers are dedicated exclusively to portfolio processing. The hardware runs in a horizontal configuration and has been optimized with high-speed solid-state drives that WebFOCUS uses for scratch space. First Rate easily replicates the hardware/software footprint and adds servers to scale the environment as needed. The company also plans to give clients even greater flexibility by using WebFOCUS In-Document Analytics to create interactive statements that utilize Information Builders’ patented Active Technologies capabilities.
运营影响
数量效益
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