Skip to main content

Cutting Coface’s internal model runtime from 2h30 to 11 minutes with Neuroine

Sia developed the internal model in open-source code and deployed it on Neuroine, replacing a legacy on-premise modelling stack. Four years on, 30+ users across three departments run it 6,000+ times a year.

Key Information of Use Case

The Challenge

Coface’s internal model ran on a legacy modelling stack: about 800 CPU cores and 500 GB of RAM on premise, with a single run taking around two and a half hours. The IT modelling situation had become critical. At the same time, modelling work was moving to open-source languages outside governed tooling, a shadow IT risk that had to be secured for the regulator.

Coface wanted to move to open source under control, and to become best-in-class and a technological pioneer in its field.

 

Constraints we worked within

/ Regulatory: the model change had to be accepted by the regulator.

/ Technical: a legacy on-premise stack of ~800 CPU cores to reconcile against.

/ Organisational: four separate modelling tools in use.

Our Approach

In 4 phases, with associated deliverables.

Phase 1

Develop the internal model

Sia consultants developed the internal model in open-source code to replace the legacy modelling stack, within a team of about 3 FTE over 15 months.

Phase 2

Deploy on Neuroine

The model was deployed on Neuroine, Sia’s modelling platform, to run and govern it at scale and to cut computation time.

Phase 3

Reconcile with the legacy solution

Results from the legacy solution and from Neuroine were fully reconciled, to show that the new model reproduces the results of the old one.

Phase 4

Scale across the organisation

Four years after deployment, the platform serves 30+ users across 3 departments and generates 12+ TB of data every month.

The Outcome

Speed was the first gain. The bigger change is in how teams work: four modelling tools became one platform, and a manual pipeline became a one-click global workflow, with more than 12 TB of data generated every month. Four years after deployment, the project has become a model-driven transformation.

/ Regulatory outcome: Validated by the regulator (ACPR) as a minor model change.

to run the model on Neuroine, down from about 2h30 on the legacy stack.

11 min

model runs a year, up from about 150, 4 years after deployment.

6,000+

users across 3 departments, up from 3, 4 years after deployment.

30+