Mr Francis Ng, Ph.D, Director of Business of Cluster Technology
Francis Ng graduated from Stanford University with a doctoral degree in Management Science and Engineering. Prior to joining Cluster Technology, he was a consultant for MNCs such as General Motors and Nestle. Francis also served as the Director of Product Development of Buildfolio, a software company focused on the construction and facility management industry.
Topic - In the Financial Services industry, Traders and Risk Analysts stress their Excel spreadsheets by inputing large volumes of data from web services and then process them in complicated simulations and pricing algorithms. Utilizing GigaSpaces eXtreme Application Platform (XAP), users are now able to run Monte Carlo Simulations, VaR calculations, and other parallel applications on a cloud. They will no longer suffer from overloading desktop CPUs, long processing times and frequent crashes. The cloud can scale on demand and collaboration between multiple Excel users becomes easier. Clustertech has helped one of the largest banks in China transform their trading floor by speedup up pricing and quotation as well as enhancing risk control. In this presentation, we will show how to port spreadsheet applications to a cloud.