|Wednesday, May 9|
|4:00 pm - 5:30 pm|
Workshop on Financial Services Enterprise Requirements
Shawn Findlan, Dr Adam Vile, Dr. Robert Cohen, Sy Holsinger
THIS CAN BE CHANGED ONLINE
Presented by the Enterprise Grid Requirements (EGR) Working Group and the Enterprise Area of Open Grid Forum and the EGEE Industry Forum.
Shawn Findlan, Executive Director, Strategic Engineering & Architecture, MorganStanley, Dr Adam Vile, Head of Grid, HPC and Technical Computing, Excelian LTD, and a technical expert from Chris Allison?s firm, Citihub, Ltd., will be the hosts. Mark Parsons, who has been involved with the OGSA-DAI standards, will attend the workshop. Robert Cohen, who is the Area Director, Enterprise Requirements, for the Open Grid Forum, will be another co-host. Sy Holsinger is EGEE Industry Forum Representative.
This workshop will examine issues that financial services firms (largely banks, brokerage houses and hedge funds) need to address when they operate clusters and Grids. These include:
1. Data delivery - real time data delivery as a central issue
2. Global manageability, particularly the ability to manage links between different parts of the architecture
3. Smarter scheduling including tandem running of apps
4. Networking apportioned for dynamic consumption
5. Rule based job matching
6. Logging of problems, incidents (may be part of larger manageability issue)
7. Integrated risk analysis across asset positions
8. Trade dependencies on price, risk, volatility, exposure
We hope that the discussion identifies a series of best practices at banks and brokerage houses. We expect that these best practices will contribute to a more detailed discussion of the priorities that the Open Grid Forum should take in its work on standards for Grid computing.
There will also be a cross-industry requirement discussion in Charter Suite 4 at 6 PM on May 9. This will bring pharma, biotech, and life sciences firms together with Grid users in the auto, aerospace, and financial services industries.
The main products of this workshop will be:
1. A White Paper on solving the issues financial services firms face in using grids. This paper will summarize the discussion at the workshop.
2. Initial discussions of how to create an ongoing financial services group to work with OGF to resolve the issues addressed in the workshop.
1) A better understanding of the generic issues cluster and Grid users in the financial industry believe are the ?top level? challenges they face.
2) An opportunity to discuss these challenges with leading experts in the Grid community.
3) Information about how ?fellow? bank and brokerage adopters are addressing these challenges and resolving the ?problem points? they face.
4) Feedback from Grid experts about how they believe the key financial services challenges can be ameliorated.
5) Excellent opportunities to raise challenges face-to-face with peers and Grid gurus, including small group discussions and cross-industry sessions.
6) Rare insights from Grid experts, vendors, and other users about future trends in Grid adoption, use of Services Oriented Architectures, Semantic Web, and Web Services.
7) A chance to hear about the best practices in place at end-user firms in financial services and other verticals.
The workshop will begin with several short presentations on generic issues of interest to the financial services. These presentations will be followed by a roundtable discussion of the key issues that participants want to explore in greater detail. We will provide a more detailed agenda prior to the workshop.
Andrew Dolan of Citigroup, Chris Swan from Credit-Suisse will also participate in the discussion.
Location: Charter Suite 4