SGX Transformation Journey IBM InterConnect 2013 – MBS Singapore

Niguel Brooks SVP, Architecture & Infrastructure 10/10/2013

Version 1.0

SGX The Asian Gateway

Asia’s most International exchange

Premier International listings venue

Trading wide range of securities, derivatives

and commodity products

Asia’s longest trading hours

Fastest trading engine and co-location

Central clearing house and Asia’s only

clearing services for OTC commodities and

financial derivatives

SGX at a Glance - The Asian Gateway

IBM InterConnect conference Singapore 2013

Revenue1 Market Cap2 Employees

US$562 million US$5.9 billion - 2nd in Asia ~600

SGX The Asian Gateway

IT Challenges

– Agility and time to market

– Limited resources, budget and cost pressures

– System complexity and standards approach

– The 3R’s (Reliability, Resiliency & Recoverability)

– Technology governance, risks and security

Key Drivers and Technology Challenges

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….....………and of course flawless execution!

Business Drivers

– Grow existing and new business

– Competitive landscape pressures

– Regulation and market structure changes

– Service availability

SGX The Asian Gateway

Proof of Concept – Experiences

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Installation and setup

– PureApplication System installed and configured within a day

Migration timeframe and PoC results

– Upgrade SGX applications from WAS V6.1

to WAS V8.5 over two day period

– Migrated from Windows to Linux

– Consolidate clusters and nodes

Integration with SGX build

– O/S build and 3rd party software installation

– Tools integration and security hardening

POC results

– Successful migration in record time

– Demonstrated ease of support and deployment

SGX The Asian Gateway

PureApplication Solution Evaluation

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Operational Efficiency

– Simplified maintenance and support of new solution

Agility

– Faster time to market new applications

– Flexible application infrastructure, performance optimization

Resiliency / Risk Reduction

– No single point-of-failure, high-availability architecture

– Minimise human error with automation framework

– Role based access, segregation of environments

Migration

– Ease of migrate existing applications and expertise to support Cost

– Cheaper to operate over the existing solution

– Predictable costs over the solution lifetime

SGX The Asian Gateway

SGX Transformation journey continues….

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PureApplication Deployment

– Project approved to replace the existing WAS environments supporting SGX’s

trade reporting, clearing and back-office applications

Final thoughts

– Utilise expert migration services

– Transformation creates new challenges

– Always keep your goals in sight

Application and Operational Process Optimisation

– Consolidation and simplification of the existing WAS setup

– Review SGX internal support and deployment model

– Performance and capacity management capabilities

– Explore new use cases for PureApplication platform