Blade Watch

http://www.finextra.com/fullstory.asp?id=17494

The bank is using the vendor’s Platform Symphony software to extend its Grid environment to encompass all areas of credit risk management and Grid-enable applications used for calculations over a virtualised computing environment.

As part of this process, Platform Computing says it developed a seamless integration to SG CIB’s existing risk management application from Algorithmics.

Platform says the bank has also been able to greatly reduce capital costs through eliminating SMP servers in exchange for low-cost, standards-based IBM Linux clusters.

Very cool, check out this article, it’s showing how this bank has used Platform software to expand its grid use in the risk areas. Implementing a grid solution can be a very effective way of improving application performance, to be more efficient with the IT infrastructure you have, most importantly though, it can be a real business enabler, that you can more accurately price, or quote a price to your client can be the difference between deal and no deal.

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