Posts Tagged ‘SuperDerivatives’

Nolio Customer Success Story: SuperDerivatives

Monday, March 2nd, 2009

SuperDerivatives is the world’s leading derivatives solution provider, affording real-time accurate pricing for options through its unique pricing model that had become the global benchmark.

To deliver real-time option pricing, SuperDerivatives delivers 15 applications, operating across 100 servers, distributed over 8 global data centers. Each application requires weekly updates: content changes, new features and bug fixes.

Prior to adopting Nolio’s solution, these weekly changes involved R&D, QA and Operations and were done by executing a large number of error-prone manual service tasks. This obviously consumed a large chunk of SuperDerivatives’ web operation team’s time.

SuperDerivatives desperately needed to streamline application changes and eliminate misconfiguration errors.

Nolio’s Application Service Automation enabled SuperDerivatives to eliminate the use of scripts, affording a highly streamlined, error-free process for deploying application changes.

Matty Rosen, SuperDerivatives’ Head of Data Center Operations says, “Our customers depend on our hosted financial tools. Managing application consistency across our 8 global data centers, and our ability to reliably execute application changes in a timely manner, is therefor essential for our business.”

Rosen adds, “In addition to Nolio’s measurable productivity benefits, translating into labor cost savings, the ability to establish and enforce best practices across operations and all departments involved in application production, including R&D and QA, is Nolio’s intangible value of heightened application quality and manageability.”

SuperDerivatives experienced dramatic productivity gains once it adopted the Nolio solution for application change automation:

• Eliminating scripting reduced labor overhead from 2 days to just 30 minutes.
• Labor overhead for weekly updates has been reduced from 3 days involving 3 employees to JUST 1 HOUR.
• Labor for troubleshooting tasks has been reduced from 10 hours to 15 minutes.
• Application service auditing, not possible prior to Nolio, is now provided on demand.

Visit us at www.noliosoft.com to see how Nolio can dramatically improve your data center application operations.

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