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2007-9-25 | 法国,巴黎
Société Générale Corporate &
Investment Banking Grid Enables its Credit Risk System with
Platform Symphony
PARIS, France, September 25, 2007 –
Platform Computing today announced that Société Générale
Corporate & Investment Banking has expanded its grid
infrastructure with Platform Symphony. One of Europe’s leading
investment banks, Société Générale Corporate & Investment
Banking has deployed Platform Symphony to accelerate credit
risk calculations, provide a scalable infrastructure, and
drive competitive advantage. The success of this project
opened up new opportunities to extend their grid environment
to encompass all areas of credit risk management. As part of
this process, Platform Computing developed a seamless
integration to Société Générale Corporate & Investment
Banking’s existing risk management application from
Algorithmics. Société Générale Corporate & Investment
Banking was also able to greatly reduce capital costs through
eliminating high-cost SMP servers in exchange for low-cost,
standards-based IBM Linux clusters. Through extending their
overall capabilities, Société Générale Corporate &
Investment Banking has the ability to further accelerate
application performance, reduce infrastructure costs, and
support the upcoming growth of Société Générale Corporate
& Investment Banking market activities.
"As one of
Europe’s leading financial services institutions, it is
imperative that we maximize the performance and efficiency of
our IT environment to get business-critical information to our
clients faster," said Martine Boullé, Chief Information
Officer, Corporate & Risk Systems, Société Générale
Corporate & Investment Banking. "Through a close working
relationship with Platform Computing, we have extended our
grid infrastructure to new lines of business, seamlessly
migrating our existing risk management applications and
reducing the overall capital costs of our IT hardware. Today,
Société Générale Corporate & Investment Banking is
introducing new innovative products on the market, and the
risk infrastructure is scaling seamlessly to support our
operations."
"The investment banking industry lives and
breathes real-time, needing instant access to information to
make the right business decisions for their clients," said
Charles Jarvis, Vice President EMEA, Financial Services,
Platform Computing. "Through extending the benefits of grid
computing with Platform Symphony, Société Générale Corporate
& Investment Banking has created a robust, scalable
environment for global risk management that reduces
time-to-information and lowers the total cost of IT
ownership."
About Platform Computing
Platform Computing is the leading systems infrastructure
software company that accelerates applications and delivers IT
agility for increased business performance and reduced cost.
Founded in 1992, Platform is a pioneer in HPC, Cluster and
Grid Computing technologies. Platform has over 2,000 global
customers and strategic relationships with Dell, HP, IBM,
Intel, Microsoft, Red Hat and SAS, along with the industry’s
broadest support for third-party applications. For more
information, please visit
www.platform.com.
About Société Générale
Corporate & Investment Banking A leading
player present in over 45 countries across Europe, the
Americas and Asia-Pacific, Société Générale Corporate &
Investment Banking ranks third in the euro zone in terms of
NBI. It is the bank of reference for:
- Euro capital markets. A top 5 player across euro debt
capital markets (bonds, securitisation, loans), and a leader
in French Equity Capital Markets with European reach.
- Derivatives. A world leader in equity derivatives, and
with forefront positions in many interest rate, credit,
foreign exchange and commodities derivatives.
- Structured finance. A worldwide leader in export,
project and structured commodity finance with global
expertise in energy, infrastructure, real estate and media
& telecom finance.
Tailoring solutions in terms of capital raising, financing,
risk management and investment, Société Générale Corporate
& Investment Banking combines expertise, innovation and
advisory skills coupled with quality of execution to both
issuers and investors clients across debt and equity. http://www.sgcib.com/
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