Azure high-performance computing (HPC) for financial services

Confidently meet regulatory requirements with an elastic and intelligent infrastructure for risk modeling. Extend your capacity as needed and only pay for what you use.

Deploy and manage grids for risk analysis and reporting flexibly and highly securely while optimizing total cost of ownership (TCO).

Help global teams to collaborate more effectively and make decisions faster by providing high-quality data in real time.

Financial services HPC scenarios

Risk management

Rapidly execute defined models and ad hoc experiments using common tools such as R and Python. Easily integrate data from different sources to consolidate risk reporting and boost capacity management for your risk calculations with vast Azure compute resources.

Regulatory reporting

Efficiently manage delivery of regulatory reports by running high-performance risk simulations to aggregate and normalize siloed data from individual trading desks. Conduct fundamental review of the trading book (FRTB) impact assessments to inform early stage strategic decisions and manage ongoing FRTB compliance with Numerix FRTB, a high-performance cloud solution built on Azure.

Portfolio optimization

Optimize your portfolio while meeting buyers’ preferences and constraints in an ever-changing regulatory environment. Spin up Azure HPC clusters with large memory footprints for your large optimization problems in a matter of seconds.

Securities pricing

Confidently model prices for securities and other financial assets using numerical methods of your choice. Get the infrastructure you need to reliably run compute-intensive workloads, such as complex pricing models, perfectly parallel Monte Carlo simulations, and stochastic differential equations.

Powerful infrastructure as a service (IaaS) for financial services

Creating a hybrid risk analysis solution with Azure HPC

Hybrid risk analysis architectureThis templated risk analysis solution uses Azure HPC compute and GPU virtual machines (VMs) to expand on-premises Tibco GridServer compute to Azure using Azure CycleCloud for auto-scaling integration. The job executes both on-premises and in the cloud by using Avere vFXT fast caching and native NFS access to market data available on-premises.1234566778
  1. Overview
  2. Flow

Hybrid risk analysis architecture

Overview

This templated risk analysis solution uses Azure HPC compute and GPU virtual machines (VMs) to expand on-premises Tibco GridServer compute to Azure using Azure CycleCloud for auto-scaling integration. The job executes both on-premises and in the cloud by using Avere vFXT fast caching and native NFS access to market data available on-premises.

Flow

  1. 1 Operations team uses Azure CycleCloud to configure and launch risk analysis grid in Azure.
  2. 2 Azure CycleCloud orchestrates VM creation and software configuration for Tibco Gridserver brokers and HPCCA, in-memory data cache, and Avere vFXT cache.
  3. 3 Quant (or scheduled batch) submits a risk analysis template workflow to the on-premises Tibco GridServer director. Based on job policies and current on-premises use, the workflow is allowed to burst to Azure to expand on-premises grid capacity.
  4. 4 The Tibco HPCCA detects the change in queue depth for each Tibco broker and requests additional Tibco engine capacity using the Azure CycleCloud Auto-Scaling API. Azure CycleCloud then autostarts engine nodes in Virtual Machine Scale Sets using the Azure H-series, HB-series, and HC-series VMs to optimize cost and performance and NC-series VMs to provide GPU capacity as required.
  5. 5 As soon as engine VMs join the Azure Grid, the brokers begin executing tasks to the new nodes.
  6. 6 Risk jobs pull artifacts from on-premises and Azure Blob storage as needed from NFS mounted Avere vFXT and/or via the fast in-memory cache.
  7. 7 As each task completes, results are returned to the submitter or driver and data is written back to the in-memory cache, or to NFS storage through the Avere vFXT, as required. Cached data is persisted either on-premises or in Azure Blob storage.
  8. 8 As task queues drain, the Tibco HPCCA uses the Azure CycleCloud Auto-Scaling API to shrink the compute grid and reduce cost.

See how financial services industry customers are innovating with Azure HPC

"In more than 10 years of working in large-scale data analytics, I have seen over and over how bottlenecks can be addressed…. With the Microsoft technologies and cloud infrastructure supporting our environment, we can make our processes smoother, faster, and more sustainable."

Brian Cartwright, Assistant Vice President​, MetLife

Read the story

MetLife

Milliman takes a holistic, forward-looking approach to the automation and governance of actuarial modeling and reporting with a revolutionary cloud-based system for the life insurance market built on Azure.

Read the story

Milliman

"There has been a major evolution over the past few years in how we support big computing at Towers Watson, and Microsoft plays a growing role in that support."

Andy Lingard, Global Leader of General Insurance Software Development, Willis Towers Watson

Read the story

Willis Towers Watson

"Azure gives us the ability to improve the analysis of the risks of change resulting from climate change to a new level."

Robin Johnson, CIO​, Munich Re

Read the story

Munich RE

"We would need to buy enough servers to cope with the need for 4,000 cores on a weekend—that's roughly 350 servers and a lot of datacenter space. Instead of leasing a big new datacenter, we put several thousand cores on an ongoing basis in Azure, which gives us the ability to scale almost instantaneously in case of a market event."

Robert Griffiths, Director​, MUFG

Read the story

MUFG

"Being in the public cloud allows us to expand and contract as needed as well as change the configuration of the infrastructure almost on demand. That allows us to iterate very quickly through different solutions and find the right fit for the business problem, or for the client, almost at no notice and respond to the client's demands on the spot."

Mikhail Dron, Managing Director and Vice President​, TD Securities

Read the story

TD Bank Group

Work with an Azure HPC financial services industry partner

Accenture
AON
Avanade, Inc
Core Logic
FIS
IBM
Milliman
Moody's Analytics
Murex
QRM
RMS Service Group
TIBCO
Willis Towers Watson

Ready when you are—let’s set up your Azure free account