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Event Management System for hedge fundThe fund, now one of the world's largest hedge funds, had badly outgrown their existing network management system, which focused primarily on paging systems administrators based on individual events, such as disk usage alerts or high CPU usage. Citadel wished to build a network operations center (NOC) with full-time staff, and to move towards proactively managing business processes instead of reactively responding to individual alerts.The immediate business driver for upgrading the system was CitadelŐs impending move into becoming a primary market maker in options trading. This greatly increased CitadelŐs regulatory responsibilities and, for performance reasons, required Citadel to co-locate production systems in New York, while primary systems administration staff remained in Chicago. Citadel had made a major investment in HP OpenView software but was unhappy with the amount and relevance of the alerts and pages. Systems administrators had turned off their pagers due to event overload. System performance and network load data collection was spotty and not trusted by the systems and network staff who had no way of assessing whether a performance-related event was unusual for a particular system. Several areas of process and organizational improvement were focused on:
The new network management system was handed off to internal staff approximately one year after the start of the project. |
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