[Legal and General] Solvency II Simulations on Microsoft Azure - OW2con 2017 Keynote

Accelerate Monte Carlo senarios analysis with dynamic workload prioritization

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Key Figures

2.5 million Monte Carlo scenarios

From 18h to 2h compute time

4000 Azure cores

Comply with new European regulations (Solvency II, Basel III) using workflows

Transform legacy system and embrace cloud computing

Legal & General, a leading multinational finance and insurance company headquarted in London, has transformed its on-premise financial algorithms and Solvency II simulations, migrating them from IBM AlgoBatch and Tibco Datasynapse towards a distributed solution from Activeeon - ProActive Workflows & Scheduling - and Microsoft Azure cloud. ProActive Workflows & Scheduling allows you to easily execute all your company jobs and business applications, monitor activity and quickly access job results. Allowing your IT to scale up and down according to your actual workload, it will ensure the optimal match between disponibilty and cost.

Download Case Study

Learn the steps which helped Legal and General get improve their time to result from 18h to 2h

Why Proactive?
auto scale
Cloud bursting
Unlock the power of cloud computing to answer your technical and business needs, with auto-scale, pay as-you-go and keep control of your expenses
Dynamically prioritize workloads to get essential information first
error management
Error Management
ProActive handles failures, by moving tasks from hosts that failed somewhere else, and the batch proceeds to completion without a glitch
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“Now, thanks to ProActive and additional optimizations we made along the way with Azure, the batch time which previously was taking us 18 hours, is now down to 5 hours, and by the end of the year, my hope and expectation is to go definitely below 4 hours and possibly less by having more grid hosts and more capacity.”

Guido Imperiale
Lead integration engineer at Legal and General