To meet Fundamental Review of the Trading Book (FRTB) regulations, financial institutions must make big changes to their regulatory regimes. Besides developing a clear strategic path to get ready for FRTB, they must address the large data challenge.
The TIBCO solution is the world's leading grid computing offering, TIBCO DataSynapse GridServer® software. With the robust processing power and scalable infrastructure of DataSynapse GridServer® software, you can run millions of tasks using tens of millions of data points in parallel for faster results and more precise analysis. Using the concepts of grid computing, tasks are automatically distributed and then aggregated in a fraction of the time that even a very large server would require to complete the same calculation.