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© 2014 Splunk Inc. Data Infrastructure for Effective Risk Management

Webinar: Data Infrastructure for Effective Risk Management

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Page 1: Webinar: Data Infrastructure for Effective Risk Management

© 2014 Splunk Inc.

Data Infrastructure for Effective Risk Management

Page 2: Webinar: Data Infrastructure for Effective Risk Management

Today’s Agenda• Introductions

• Current State of Risk Management

• Value of Hunk & MapR

• Demo

• Q & A

Page 3: Webinar: Data Infrastructure for Effective Risk Management

Today’s Speakers

3

Brett Sheppard– Director Big Data Product Marketing– Splunk– @zettaforce

Sameer Nori– Senior Product Marketing Manager – MapR– @sameernori

Page 4: Webinar: Data Infrastructure for Effective Risk Management

Risk Management Challenges

4

What are your bank’s biggest risk management challenges?Respondents were asked to select no more than three

Source: FIS, April 2014

Page 5: Webinar: Data Infrastructure for Effective Risk Management

Regulatory Costs are Rising

5

Source: NZZ (Switzerland)

Page 6: Webinar: Data Infrastructure for Effective Risk Management

Current Data Infrastructure Limits Risk Management

6

Liquidity Risk

• Firm wide view of liquidity is inhibited by siloed systems and lack of actionable information

Operational Risk

• Need to link operational risk with requirements from Basel 2 and Basel 3

Credit Risk

• Need to enhance credit risk models with external data sets to get a granular view

Page 7: Webinar: Data Infrastructure for Effective Risk Management

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Store

• Archive large volumes of raw granular data

• Store cost effectively for months or years

• Secure non-public or regulated information

Analyze

• Explore, analyze and visualize data

• Avoid fixed schemas that may miss data or limit flexibility

• Search across both Hadoop and NoSQL data stores

Iterate

• Respond to changes on the fly

• Preview results before MapReduce jobs are complete

• Self-service analytics vs. months of programming

Hunk + MapR Data Infrastructure

Data infrastructure supporting risk management approaches that are dynamic, iterative and responsive to change

Page 8: Webinar: Data Infrastructure for Effective Risk Management

Explore, Analyze and Visualize Data

Security & Compliance

Digital Intelligence

Business Analytics

Risk Mgt. Security & Compliance

360-degree Customer

View

Developer Platform (REST API, SDKs)

Hadoop Clusters NoSQL and Other Data Stores

Hadoop Client Libraries Hunk Apps

Product and Service

Analytics

Internet of Things

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Page 9: Webinar: Data Infrastructure for Effective Risk Management

Financial Services Firms Drive Results with Splunk

Troubleshoot and monitor trading and settlement applications. Improve uptime and reduce MTTR.

Monitor and manage online investment application and servers.

Network security monitoring and rapid incident response to mitigate security risks.

Ensures effective compliance while improving productivity of compliance team.

End to end monitoring across trading applications – improving uptime and customer experience.

Cross-tier visibility to improve dev ops coordination and accelerate MTTR.

Index data across trading applications and FIX order processing to improve customer service.

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Page 10: Webinar: Data Infrastructure for Effective Risk Management

Hunk Risk Management Analytics

Enables non-technical users to build complex reports without learning the search language

Provides more meaningful representation of underlying raw machine data

Preview results and interactively search across one or more clusters

Pivot

Data Model

Interactive Search

Page 11: Webinar: Data Infrastructure for Effective Risk Management

Interactively Question Data in Hadoop

Pause means stop fetching results

Stop means treat the current results as final and end the MapReduce job

Page 12: Webinar: Data Infrastructure for Effective Risk Management

Hunk Applies Schema on the Fly

• Structure applied at search time

• No brittle schema to work around

• Automatically find patterns and trends

Page 13: Webinar: Data Infrastructure for Effective Risk Management

Dashboards for Self-Service Analytics

Interactive Dashboards and Charts• Easy-to-use dashboard editor

• Chart overlay

• Pan and zoom

• In-dashboard drilldown

• Embed charts and dashboards in 3rd party apps

• Reuse skills with Splunk Enterprise and Hunk

Page 14: Webinar: Data Infrastructure for Effective Risk Management

HQ

MapR: WORLDWIDE HADOOP TECHNOLOGY LEADER

500+ PAYING CUSTOMERS

Page 15: Webinar: Data Infrastructure for Effective Risk Management

MapR: Best Product, Best Business, Best Customers

15

Top Ranked Exponential Growth 500+ Customers Cloud Leaders

3X bookings Q1 ‘13 – Q1 ‘14

80% of accounts expand 3X

90% software licenses

< 1% lifetime churn

> $1B in incremental revenue

generated by 1 customer

Page 16: Webinar: Data Infrastructure for Effective Risk Management

The Power of the Open Source CommunityM

an

ag

em

en

t

MapR Data Platform

APACHE HADOOP AND OSS ECOSYSTEM

Security

YARN

Pig

Cascading

Spark

Batch

Spark Streaming

Storm*

Streaming

HBase

Solr

NoSQL & Search

Juju

Provisioning &

coordination

Savannah*

Mahout

MLLib

ML, Graph

GraphX

MapReduce v1 & v2

EXECUTION ENGINES DATA GOVERNANCE AND OPERATIONS

Workflow & Data

Governance

Tez*

Accumulo*

Hive

Impala

Shark

Drill*

SQL

Sentry* Oozie ZooKeeperSqoop

Knox* WhirrFalcon*Flume

Data Integration& Access

HttpFS

Hue

* Certification/support planned for 2014

Page 17: Webinar: Data Infrastructure for Effective Risk Management

FOUNDATION

Architecture Matters for Success3

Data protection& security

High performance

Multi-tenancy

Operational & Analytical Workloads

Open standards for integration

NEW APPLICATIONS SLAs TRUSTED INFORMATION LOWER TCO

Page 18: Webinar: Data Infrastructure for Effective Risk Management

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Fraud Detection

• Zions Bank can predict phishing behavior and payments fraud in real time and minimize their impact

Counterparty Risk Management Analytics

• A large bank is able to accurately understand the aggregate risk associated with all transactions with a specific counterparty

MapR Customers in Financial Services

Page 19: Webinar: Data Infrastructure for Effective Risk Management

© 2014 Splunk Inc.

Demo

Page 20: Webinar: Data Infrastructure for Effective Risk Management

Getting Started

• Review the joint data sheet at http://bit.ly/1oDYD3M

• Download the free sandboxes at mapr.com/sandbox and splunk.com/hunk

• Talk with us at .conf2014 or Strata + Hadoop World NYC

Page 21: Webinar: Data Infrastructure for Effective Risk Management

© 2014 Splunk Inc.

Thank You