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DAILY NEWS AND INFORMATION
FOR THE GLOBAL GRID COMMUNITY / OCTOBER 6, 2003: VOL. 2 NO. 40
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Systems/Enterprise:
IBM ANNOUNCES NEW PARTNERSHIPS AND
GRID PRODUCTS
In addition to their new Grid computing applications for banking and
financial
institutions, IBM touted ongoing Grid projects with commercial customers like
Morgan Stanley and Hewitt Associates as well.
For a new vertical grid application, Grid Offering for Analytics
Acceleration,
IBM joined with software maker SAS. IBM hopes to provide banking customers
with the necessary components for the mining of customer information, as well
as the ability to quickly generate statistical models.
IBM further directs its energy to the retail banking industries with the
IBM
Grid Offering for Risk Management and Compliance, which IBM developed with
partner DataSynapse. The program is to assist in the creation of a Grid
infrastructure that supports real-time monitoring of credit limits.
IBM also declared partnerships with Avaki and United Devices, two Grid
middleware providers. Avaki makes Grid software for the integration of data
and computing sources, and United Devices provides software for the building
of enterprise Grids from existing compute resources.
IBM has been working with Morgan Stanley to move the company's analytical
applications to a grid of several hundred Intel servers. Morgan Stanley hopes
to improve their financial analytic applications by enhancing the flexibility
and utilization of computing assets.
Hewitt Associates and IBM have built a Grid infrastructure for the
company's
pension modeling application. With a combination of IBM's mainframe and blade
servers, along with DataSynapse's GridServer software, Hewitt has cut
transaction costs 90 percent without the need for application rewrites.
IBM grid computing projects are also underway at NLI Research Institute, a
division of Nippon Life Insurance Group; Singapore educational institute Ngee
Ann Polytechnic; Deutsche Telecom division T-Systems; and French educational
institute Institut National de Physique Nucleaire et de Physique des
Particules.
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