A tier one bank implemented a web application for calculating and reporting risk analytics with the help of Xcelerit, replacing their legacy Excel interface. The application offers a user-friendly web interface for configuring, running, and analysing XVA and counterparty risk calculations, making use of existing in-house grid analytics systems in the backend. It uses state-of-the-art web technologies, is scalable, and ready for transitioning to cloud platforms in future.
Among the key technologies used are: Docker container technology, microservices, RESTful APIs, and an Angular front-end. The application is mobile-friendly and supports all modern browsers.