The Cisco Back-Office Optimization Solution covers the area of the trading back-office: settlement, clearing, risk management, and compliance. Increased speed and volume of trades in the automated front office translate into an increased load on the back-office systems. By consolidating computing resources into the data center, firms can now allocate these resources more efficiently. Virtualization of computing resources enables a new operational model that allows you to get the right resources at the right time, regardless of physical location.
The Back-Office Optimization Solution benefits include:
- Improved efficiency: Higher utilization rate of existing resources, faster deployment of new systems
- Improved agility: Ability to respond to sudden increase in volume, and deploy new products faster
- Business continuity: Virtualization enables location independence, which means that applications can fail-over to an alternative location with minimal impact