Deutsche Bank's Securities Reporting System is among the earliest examples of
successful grid computing for large-scale financial data processing.
This system started to be developed by the company named 'Base One International Corporation' in 1996 using grid/cluster computing software
when Deutsche Bank needed to expand the reporting capabilities of its New York City-based Global Securities business.
This large-scale financial application demonstrates the substantially lower Total Cost of Ownership (TCO)
and higher Return on Investment (ROI) due to grid and cluster computing software,
as compared to traditional architectures. For example,
it took more than 100 staffs on the equivalent Securities Reporting System using IBM mainframe system
for similar financial institutions to do the maintenance and operations.
But, Deutsche Bank accomplished the same task with 16 employees,
a cluster of rack-mounted PCs, and mid-priced UNIX server.
Assuming a net annual cost of $45,000 per person, the annual savings were around $4 million.
Furthermore, Database and Software costs for this system using grid technology are
less than 1/4 of the equivalent Database and Software costs for mainframe.
Base One International Corporation,a software vendor who helped the company in this case illustrates the system in the following way:
the bank's "virtual supercomputer."
Successful implementation of Grid Computing significantly increase ROI
by reducing application developing costs and maintenance costs.
Combining all available under-utilized desktop PCs and servers can substitute mainframes
thus reducing huge initial investments and operational staffs.
