A modern, scalable risk system architecture - Burkhard Kloss [ACCU 2019]

#CPP #ACCUConf

Banks have always invested heavily in technology, and, in the past, have often pushed technical boundaries in an effort to measure their risks better and more quickly. But what looked like big, modern system in the early 'naughties is now dwarfed by cloud technology, and banks are hampered by the crippling technical debt of decades invested in legacy systems and libraries.

Even some of the more radical new systems are seem to be merely updated implementations of ideas first pioneered in the 80s.

What would a scalable financial risk platform look like if it was started from a clean slate, with modern tools and software engineering techniques? This talk looks at architectural principles, prototypes, problems and solutions.

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I only came to England to walk the Pennine Way… 25 years later I still haven’t done it. I did, though, get round to starting an AI company (spectacularly unsuccessful), joining another startup long before it was cool, learning C++, and spending a lot of time on trading floors building systems for complex derivatives. Sometimes hands on, sometimes managing people. Somewhere along the way I realised you can do cool stuff quickly in Python, and I’ve never lost my fascination with making machines smarter.

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Future Conferences:
ACCU 2019 Autumn Conference, Belfast (UK):
2019-11-11 and 2019-11-12.
ACCU 2020 Spring Conference, Bristol (UK), Marriott City Centre:
2020-03-24 to 2020-03-28.
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ACCU Twitter: @ACCUConf

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