The risk control unit within DrKW needed to efficiently manage complex database structures and develop applications to batch-price correlation matrices for thousands of instruments, overnight and without manual intervention.

DrKW was using disparate tools including both in-house developments and vendor software. Once the database grew to a certain size, a bespoke solution was required. The solution needed to be flexible enough to be integrated into the DrKW framework, provide powerful yet simple APIs to enable in-house correlation calculation methods to be rapidly developed and have a fast and efficient database that could accept feeds from multiple data vendors.

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