1. CMG India Annual Conference 2016

2. We Are Top ranked Globally
NSE Today
We Are Top ranked Globally
1st
2nd
1st
INDEX OPTIONS
STOCK FUTURES
CURRENCY OPTIONS
94%
NIFTY
MARKET SHARE IN
EQUITY FUTURES &
OPTIONS
LARGEST TRADED
INDEX IN THE WORLD

3. Stock Exchange Schematic

4. Technology as a Differentiator
Reliability at our core, Stimulating progress using technology
Highly Scalable
Custom Systems
SCALABLE & FAULT TOLERANT ARCHITECTURE
BUILT FOR PERFORMANCE & RELIABILITY
100% Availability
NEVER LOST A TRADING DAY
NO SETTLEMENT FAILURE
1,000,000+
Microseconds
Billion+
PROCESSING CAPACITY
FASTEST RESPONSE TIMES
MESSAGES PER DAY

5. Pace of Change 1000x Increase Performance requirements
Demanding performance requirements
Performance requirements
Performance requirements
Throughputs in thousands
Daily transactions in Millions
1000x Increase
Throughputs in millions
Daily transactions in Billions
2016
NSE Internal

6. Mission Critical & Real-Time
Our Systems
Mission Critical & Real-Time
Mission Critical
Real-Time
System whose
failure can cause catastrophic consequences.
System which has to respond to externally generated input within a finite and specified period.

7. Maintaining Excellence
Our Challenges
Maintaining Excellence
Scalability
Fast Response
100% Up-Time
Zero Errors
Quick Releases
HIGH PERFORMANCE
AVAILABILITY
Response time in microseconds & Peak Throughputs in million messages/sec
100% Uptime
RELIABILITY
DYNAMIC CHANGE ENVIRONMENT
Smooth functioning of markets with zero tolerance for any error/failure
Critical functionality changes expected to be released in days/weeks

8. Consequences of Failure
NASDAQ
SGX
LSE
BATS
Glitch delays announcement releases by 90 minutes
Had to re-call it’s own IPO
Paid $64 million for Facebook IPO glitch
Technical glitch shuts down trading for entire day
WE AVOID FAILURE AT ALL COST

9. Stock Exchange Trading in India
Our Journey
Stock Exchange Trading in India
Before NSE
Launch of NSE
NSE Today
Open Outcry system
World’s first fully electronic exchange
India’s Leading Exchange
Accessible only to select few
Nation wide reach
Nation wide reach
Throughput in hundreds
Throughput in Millions
Response time in seconds
Response time in microseconds
Messages per day in thousands
Messages per day in Billions
1875
1994
2016

10. Our Performance Journey
LEGACY SYSTEMS
Mainframe
server
Single Machine architecture
Tightly coupled architecture
Closed technology
Limited performance
Complex to change
Scalability is a concern
Member connection
Validations
Order Matching
Market Data
Inquiries
Send data to Interfaces
( Risk Management,
Surveillance etc.)

11. Our Performance Journey
LEGACY SYSTEMS
SPLIT ARCHITECTURE
RE-ENGINEERING
Single Machine architecture
Tightly coupled architecture
Closed technology
Limited performance
Complex to change
Scalability is a concern
Divide and conquer paradigm
Monolithic system divided into multiple sub systems
High speed messaging infrastructure for communication
On-demand scale
Trading platforms reengineered completely
Ground up application development
Cutting edge technology
Multiple projects executed in parallel
Transparent roll out with no disruptions
All variables changed at the same point of time !!!
Without disrupting the Market …

12. Our Performance Journey
EXTREME PERFORMANCE
ENGINEERING
LEGACY SYSTEMS
SPLIT ARCHITECTURE
RE-ENGINEERING
Single Machine architecture
Tightly coupled architecture
Closed technology
Limited performance
Complex to change
Scalability is a concern
Divide and conquer paradigm
Monolithic system divided into multiple sub systems
High speed messaging infrastructure for communication
On-demand scale
Trading platforms reengineered completely
Ground up application development
Cutting edge technology
Multiple projects executed in parallel
Transparent roll out with no disruptions
Performance engineering across all levels of the ecosystem
Extensive performance testing to extract the maximum performance across all layers

13. Performance monitoring and analysis
Accurate and precise measurements is the cornerstone for performance engineering
Understanding system bottlenecks is half the battle
Performance results in Test and Production environments can be very different
Pro-active performance monitoring
Identifying customer behaviour
Identifying concerns early
Identifying potential bottlenecks
Aids in future design
Real time performance monitoring
Non intrusive monitoring
Measuring wire timestamps on the Network
Nanosecond level precision
End to end monitoring of every message

14. Control processes to stay ahead
Performance control
Control processes to stay ahead
Performance – A strategic focus
Setup of a core team
Daily latency dashboards
Single view for all stakeholders
Setup of HPC lab
Predictive analytics
Continuous skill development
Significant investments in RnD
Innovation culture

15. We are Driven to make change
Key Takeaways
We are Driven to make change 02
Set up a core team 01
Performance engineering should not be a secondary task
Clear understanding of system bottlenecks is half the battle
Performance tuning is as important as an optimal system design
Clarity is Essential
Clear objectives
Think ahead as far as possible
Spend maximum time on design
Start Small, Think Big 03
There is No Finish Line
Performance requirements are ever-evolving
Always keep innovating

16. WE ARE NSE
THANK YOU