Platform help build a dynamic grid computing platform UGIS
December 29th, 2011 cluster, grid, cloud and cloud middleware management platform provider Platform Computing (hereinafter referred to as Platform) today announced that UniCredit Global Information Systems Division (hereinafter referred to as UGIS) selected Platform Computing Corporation and its global market investment banking and risk management applications to establish a global, high-performance shared virtual computing infrastructure, to reduce their costs and improve server utilization. UniCredit is one of Europe's leading financial institutions, and of their subordinates UGIS global information and communications technology (ICT) companies.
To take full advantage of existing computing infrastructure, the increasing workload for the provision of adequate support, UGIS decided to use the Platform Symphony and Platform ISF core components, to create a dynamic data center across the grid computing platform. This new computing platform will enhance the sharing of critical application processing power, while digging through the previously underutilized computing resources potential to reduce costs.
The solution of high-performance grid computing and virtualization combination of flexibility, can be applied more flexibly to support the load. The benefits of this program is to reduce energy and data center costs, reducing the cost of purchasing hardware and software, while increasing server utilization. Currently, the combination with Platform Symphony API solutions have been used to UniCredit's internal market risk management system.
UGIS use of the global market and Finance Platform products and solutions for multiple business units to support growth. Shared IT infrastructure for the main application of the pricing and risk management support, but also can be used to test the end-user applications. In the past, UGIS to the core middleware developed some solutions now, UGIS replaced with Platform solution, the entire data center to achieve a better dynamic resource sharing.
UGIS global market and the Finance Department can now be based on utilization thresholds, dynamic resource allocation and distribution of physical and virtual workloads. This shared computing infrastructure can be used Murex fixed income and interest rate derivatives, Murex FX Options, Murex pricing of credit derivatives can also be used to calculate market risk. A few months later, equity derivatives such as Sophis office applications will run on this infrastructure. In addition, the counterparty credit risk of new applications will be solution-based Platform Symphony.
UGIS global market and financial infrastructure director Lorenzo Cervellin said: Platform's Enterprise Grid solution enables us to share the application of heterogeneous, distributed hardware infrastructure, and application of all this location , what kind of operating system and application logic has nothing to do, which makes us both to enhance the internal efficiency, and improve the quality of service.
Traditional IT model is the chimney, and can not meet the organization in a dynamic competitive environment demands, such as financial services needs. Platform's vice president of EMEA region Christopher Sen said: Enterprise Grid Computing for the worldwide market and Finance Department UGIS such institutions provide a responsive, cost-effective IT model provides critical resources and business needs added value.
Platform Symphony and Platform ISF is the industry-leading software, the main business processes to meet the stringent bank requirements, such as intraday risk calculations, pre-trade pricing and risk calculation on settlement. Platform solution also enables utility services model, provides a powerful sharing, financial services institutions to use this feature to achieve higher resource utilization. This helps to ensure quality of service while reducing operational costs and data center energy consumption. Shrinking IT budgets, risk management, demand is still high, when, Platform solutions help financial services organizations in the business-critical systems to reduce the total cost of ownership has played a crucial role.
Platform Computing is a cluster and grid management software leader for more than 2,000 around the world the most demanding institutions. In the past 19 years, Platform workload and resource management solutions for enterprise and HPC applications provide rapid response and lower IT costs.