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The purpose of this business insights thought leadership blog is to share the HP point of view on industry trends such as Big Data and Real Time Analytics, and provide updates on key innovations and solutions.

HP Converged Systems help LarrainVial optimize its investment strategy

“With the HP Universal Database Solution reference architecture and HP hardware and best practices, we were able to reduce the time to generate reports from the data warehouse by 86 percent.”

 

Carlos Sotolongo, Manager of Technology, LarrainVial

 

LarrainVial is the largest financial services firm in Chile, transacting about 32 percent of the trades in the Chilean market, offering brokerage services, investment banking, and financial advisory services to corporations and individuals in markets throughout South America.

 

It’s essential for the company to have clear insight into the large volume of trades it is processing in order to remain competitive, and this has become more important with recent expansions into Brazil and the United States, where due to its fast growth there were delays in processing trading data into usable reports.

 

LarrainVial’s data management process involves pulling all of its trading information and data on its current positions into a data warehouse, and then running reports on the data for both internal use and for its customers. The most complex report which details all of the corporate holdings took LarrainVial 36 hours to run.  The company could only run reports on the weekends and this meant their traders and marketers were only receiving updated information once per week.

 

To address the issue, LarrainVial turned to HP, and with a combination of the HP Universal Database Solution for Mission-Critical x86, and the expertise of HP Technology Services, outstanding improvements were seen.

 

After the initial deployment of the new solution, the corporate holdings report was running 14 hours instead of the usual 36 hours, and with additional tuning based on best practices from HP Technology Services the time was reduced to five hours, an overall reduction of 86 percent.

 

The report is now run on a daily basis, providing more timely insights into LarrainVial’s trading positions for optimized investments.  Processing time for all the reports generated by the data warehouse have been improved which means that customers who request reports through the LarrainVial website now receive near real-time data.

 

Find out more in the detailed LarrainVial case study

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About the Author
About the Author(s)
  • Technology marketing professional with over 25 years of experience in energy, semiconductor and IT industries.
  • hp.com/go/convergedsystems
  • Jeff Spiller has over 30 years experience in architecting highly available and scalable multi-tier platforms for a variety of Fortune 500 companies. He is currently HP’s technical lead for the Enterprise Data Warehouse (EDW) Appliance, optimized for Microsoft Parallel Data Warehouse (PDW) software. As a member of HP's ESS Performance and Solutions Engineering COE (Center of Excellence), Jeff has a proven track record for designing, tuning and performing capacity planning in OLAP, ROLAP, OLTP and consolidated environments.
  • Focused on cloud, virtualization and appliance solutions for HP technology.
  • HP Servers, Converged Infrastructure, Converged Systems and ExpertOne


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