Wall Street & Technology: Blog
subscribe February 14, 2008

Wachovia Improves Its Forex App Response Time 33%

Wachovia's investment bank had a problem: foreign exchange customers were complaining about platform performance issues. "Foreign exchange is not a good place to have performance issues -- not when you like to retain customers," notes Jim Hirschauer, architecture manager and technical expert for the corporate and investment banking technology division of Wachovia.

The application support teams had no formal way of measuring performance. They would log into the platform, try a few functions and time them on their watches. "It was a terrible way of troubleshooting," says Hirschauer. "We didn't have any good tools in place that could give us information about our transactions as they flowed across our systems." When a problem occurred at Wachovia, as at many large firms, finger-pointing would take place, each group insisting their systems and logs looked fine. "But there was obviously a problem somewhere and it was taking a considerable amount of time to resolve these issues," he says.

Wachovia sought a tool that could provide concrete metrics on the transaction flow from start to finish, so that IT could be alerted to and fix performance problems before hearing about them from customers. It had disparate tools for measuring the performance of operating systems, networks and applications, but those didn't tell the whole story, they only reported on one piece of the puzzle. Another tool, business service management software that created synthetic transactions to try to measure application performance, was also inadequate because it merely determined whether or not the application was up and running. "The real key for us was to know the overall timing for all of our transactions and then break that timing down into the multiple tiers our transactions were traversing, so that we could know, for instance, that we had a problem in our application tier or database tier," Hirschauer says.

Someone on staff had used OpTier's CoreFirst transaction management software at a previous job and Hirschauer's group decided to give it a try. Implementing the new software was simple for application servers and web servers for which OpTier provided out of the box integrations. But for homegrown and C++ applications, such as a complicated mortgage processing application, the process was more difficult and time-consuming, requiring code to be embedded in the applications. Yet Hirschauer says, "It's absolutely worth the effort in the end."

The software went live in August 2007 and began reporting on the performance of the foreign exchange trading application. At first the software just gathered metrics, basically on the amounts of time various functions took to complete, which were then shown to the developers supporting that app (who were not the original authors of the program) so they could fix any inefficient portions of the code. "Looking at the CoreFirst data, we were able to see that some of the coding practices used were poor and some recoding work needed to be done; it wasn't an infrastructure issue, it was a code issue," he says. Certain commonly used functions were running slow – one task had an average response time of 12.809 seconds. After the developers recoded the program, the average response time dropped to .968 seconds -- a 92% reduction.

Not all problems have turned out to be code-related, some of the results have shown infrastructure issues such as poor load balancing among servers.

The overall response time for the foreign exchange application has been reduced 33% and customers have noticed, Hirschauer says.

Posted by Penny Crosman at 02:52 PM



This is a public forum. CMP Media and its affiliates are not responsible for and do not control what is posted herein. CMP Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers.

Community standards in this comment area do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this comment area becomes the property of CMP Media LLC and may be edited and republished in print or electronic format as outlined in CMP Media's Terms of Service.

Important Note: This comment area is NOT intended for commercial messages or solicitations of business.


CHECK THIS OUT

Make your organization more efficient and customer focused. Visit the Transaction Lifecycle Management Site today!


Featured White Paper
Grupo Santander Uses TLM Reconciliations to Reduce Operational Risk, Boost Efficiency

Events

Live Events:
Advanced Trading's Buy-Side Trading Summit
November 15 - 17, 2009


Marketplace

Career Center


Ready to take that job and shove it?

Function:
Information Technology
Engineering
State:


Keyword(s):

Browse By:
State | City

Techweb
Informationweek Business Technology Network
InformationweekInformationweek 500Informationweek 500 ConferenceInformationweek AnalyticsInformationweek Events
Informationweek MagazineGlobal CIOIWK Government ITbMightyByte and SwitchDark Reading
Digital LibraryIntelligent EnterpriseInternet EvolutionNetwork ComputingPlug Into The CloudDr. DobbsContentinople
space
TechWeb Events Network
InteropVoiceConWeb 2.0 ExpoWeb 2.0 SummitEnterprise 2.0Mobile Business ExpoNoJitter
Black HatGTECEnergy CampCloud ConnectEnterprise Cloud SummitCloud Summit ExecutiveGov 2.0 ExpoGov 2.0 Summit
space
Light Reading Communications Network
Light ReadingLight Reading AsiaUnstrungCable Digital NewsInternet EvolutionPyramid Research
Heavy ReadingLight Reading LiveLight Reading InsiderEthrnet ExpoTelco TVTower Technology Summit
space
Financial Technology Network
Advanced TradingBank Systems and TechnologyInsurance and TechnologyWall Street and TechnologyAccelerating WallstreetBST SummitBuyside Trading SummitIT Summit
space
Microsoft Technology Network
MSDNTechNetTotal IT ProTotal Dev ProTotal IT Pro CommunityTotal Dev Pro Community
space