N-Tier Americas


Advanced Securities Processing Software
featuring SQL-Object-Chain™ Technology


Cloud Prociessing for Securities
N-Tier & Amazon AWS Cloud Architecture




Cloud Computing

All N-Tier Modules are available for Cloud Processing.


N-Tier Americas use Amazon™ Web Services [AWS] , the leader in Cloud computing today. Other Cloud Platforms are under development for Microsoft™, IBM™ and HP.™


N-Tier's Cloud architecture uses Array™ Networks Hardware SSL for full encrypted access to the Cloud System.


Cloud processing is becoming more and more accepted in the Financial Services sector as firms look to reduce cost while at the same time increase service delivery to Clients, Counterparties and Regulators alike.


The solution is seamless. Users logon to the N-Tier AWS service using a secure web interface. The AWS system can work equally well as a Private Cloud under the control of the firm's security personnel.


Users can print, update and shutdown their Cloud system in the same way as they are used to for internal systems.

Two schemas of the Architecture and Functions are shown to the left on this page.



Security


The largest concern of many first user potential users of Cloud computing is Security.

Amazon AWS provides detailed technical reviews of this subject on their site - https://aws.amazon.com/console/


In summary these are:


  • The AWS infrastructure puts strong safeguards in place to help protect customer privacy. All data is stored in highly secure AWS data centers.


    • AWS manages dozens of compliance programs in its infrastructure. This means that segments of the firm's compliance have already been completed.


      • Reduce costs by using AWS data centers. Maintain the highest standard of security without having to manage a separate facility.


        • Scale Quickly: Security scales with the AWS Cloud usage.  The AWS Infrastructure is designed to keep data safe irrespective of the size of the business.

         

        Benefits

         

        There are 2 main benefit streams offered by N-Tier's Cloud Processing Platform on AWS.

         

         

        Line of Business Benefits

         

        • Firms can launch new lines of business in foreign markets without incurring the excessive start-up costs by utilizing the

                  International processing for Settlement, Corporate Actions, Custody & Depository Receipts and Accounting.

         

        • Cloud Processing can be utilized in the initial stages of an Expansion and equate marginal cost with marginal revenue

                  as the business grows.

         

        • Likewise a contraction of business supported by a Cloud Platform will not lead to deep losses.

         

        • Internal deployment  of a new system such as Withholding Tax or FATCA  to tackle the growing Compliance issue

         

        • Release of internal Tech resources to other priority projects.

         

        Cost Benefit

         

        • Studies issued by Amazon indicate cost savings of approximate 42% occur with Cloud platforms over traditional in-house solutions. See Amazon Web Services[ click here]

        • Amazon AWS deploys a Cost of Processing Dashboard covering all the expense components . For example by showing areas of high cost and related low usage, firms can replace or disuse certain pieces of the platform and thereby reduce cost [ less expensive disks for instance]