Streaming Architectures Are
Enabling Industry Transformation

Changes in operational models and resource allocation are part of a generational shift toward event-based streaming architectures that:

  • Provide elasticity and scale

  • Meet latency and data-variation needs

  • Provide real-time access to data and analytics

  • Enable data monetization and faster product development

Ness Re-Orchestration | Modernization Blockers | The 7th “R” |  Re-Orchestration Results |  Re-Orchestration Projects 

Ness Re-Orchestration

Re-Orchestration Delivers Value at

Every Step of Modernization

Why Re-Orchestrate with Ness

Re-orchestration is a data-first migration approach for Digital Transformation which avoids a “Big Bang” by re-orchestrating our clients’ existing business logic leveraging streaming architectures.

 

Successful Re-orchestration projects require a modern approach to building infrastructure, a detailed business domain knowledge to extract business logic, and a deep understanding of legacy technologies.

Modernization Blockers

Financial Services Faces Pressure to Modernize

From Customers

Growing customer expectations

From The Market

Respond to volatility and Increase profitability

From Regulators

Evolving regulatory and compliance needs

But Are Being Held Back by Legacy Technology

Legacy tech lacks the agility banks need to deploy new business functions and reduce time to market


The high costs associated with legacy reduces budgets for innovation and experimentation


Core business processes and core business data are locked in, preventing banks from deriving value from their data assets using machine learning


The technical complexity of legacy slows down development and makes it difficult to find experienced specialists


Re-Orchestration –

The 7th “R” of Migration

Re-host
Re-platform
Re-factor / Re-architect
Re-purchase
Retire
Retain
Re-Orchestrate

Re-Orchestration Results

Cost Savings

“Storage footprints slashed by 50%”

”Avoided regulatory fines”

Throughput

“Trade processing times improved by 1800x”

“Data ingestion rates increased by 8x”

Business Agility

“Consistent response times during peak”

“Releases reduced from days to hours”

Data Visibility

“Real Time Data Visibility”

“Consolidation of Data for AI/ML”

Re-Orchestration Projects

Increasing efficiency of data ingestion while leveraging historic data to launch new products


A multi-year technology-modernization initiative to provide more timely investment decisions


Major Clearing Corp.

Full re-orchestration of risk management system from end-of-day to near-real-time and intraday


Global Exchange

Modularize a 30-year-old platform to facilitate merger-driven data integration initiative


Our Work in Action

Industry Case Studies

left-arrow
Instinet – Leveraging Streaming Architecture for optimal cloud deployment
The client selected Ness to modernize their existing business logic leveraging Streaming Architecture and to migrate its core database to AWS, a major step in the Digital Transformation of “the Original Fintech.” Ness built a secure AWS Landing Zone to enforce these stringent controls.
Read more

X
Western Asset Management – digitally transforms their Pre-trade Compliance Engine leveraging a modern Cloud-based Streaming Architecture to increase capacity at peak times
The client selected Ness to re-architect their real-time pre-trade compliance engine leveraging a modern Cloud-based Streaming Architecture to achieve scalable performance, modern architecture for enhanced portfolio management optimizations, and a high-velocity development process.
Read more

X
OCC – Modernizes their Risk and Margining Platform leveraging Streaming Architecture on the Cloud to provide increased transparency
The client selected Ness to help rebuild its market risk and margining platform leveraging Streaming Architecture on the Cloud to provide an environment for intra-day risk management, intra-day computations, pricing, and re-valuation.
Read more

X
right-arrow
See all case studies

Insights

left-arrow
Risk On Cloud with Streaming (ROCS)
A data-first modernization approach that avoids a “Big Bang” and leverages streaming architectures on the cloud
Read more

X
Reorchestration for Risk Architectures: From Batch To Streaming
An overview of the common architectures used in risk management systems and how cloud & streaming have impacted their designs
Read more

X
right-arrow
Learn more

Accelerate Your Digital Transformation
with Our Business Domain Knowledge, Technology Expertise,
and Agile Delivery Process.