IBM Grid Offering for Risk
Management and Compliance

The IBM Grid Offering for Risk
Management and Compliance
provides an efficient, scalable and
standards-based solution to the most
pressing issues facing risk and compliance
managers today. Teaming
with DataSynapse, IBM has created
an integrated technology and service
offering that can help risk managers
implement a grid infrastructure to
more efficiently with the Patriot Act,
the Sarbanes-Oxley Act and NYSE
Rule 92.
The IBM Grid Offering for Risk
Management and Compliance allows
firms to run their existing analytics
applications and tools, whether
custom-built management systems,
best-of-breed commercial applications
or a combination thereof. The
offering’s open, flexible infrastructure
supports a wide range of packaged
and custom analytical applications,
including software from Algorithmics,
Fair Isaac, SunGard, SAS, Moody’s
KMV and many more.
The IBM offering centers around grid
computing, an architectural approach
that enables distributed computing
over the Internet, an intranet, a virtual
private network or some combination
thereof. This approach can help
aggregate disparate IT elements
such as compute resources, data
storage and filing systems to create a
single, unified system and to address
fluctuating application workload
requirements. One clear advantage of
a distributed environment for risk
management operations is the ability
to run several risk scenarios in parallel
to generate an optimal solution as
quickly as possible, without sacrificing
increased accuracy and
performance.
As required by risk and compliance
managers’ analyses, the grid makes
additional compute capacity available
on a full-time or part-time basis. It
helps banks leverage available,
underutilized compute capacity within
their existing IT infrastructures, thus
helping them to reach end results far
more rapidly than within conventional
computer environments. And compared
to a non-grid solution, the
required compute resources are
fewer and easier to manage
contributing to reduced total cost of
ownership (TCO). The IBM offering
also provides high levels of resiliency
at the application level to help guarantee
workload execution.
The IBM offering provides a costeffective
computing model for
acquiring, deploying and managing
resources. Because the existing infrastructure
that supports the business
of managing risk does not need to be
replaced, firms can leverage their
existing infrastructure and application
investments, optimizing the efficiency
of their risk management business
and applications while migrating to
a higher performance, lower cost,
standards-based infrastructure. In
addition, this grid infrastructure can
be used for a wide array of analytical
functions including trading systems,
fraud detection in retail banking and
credit cards, customer analytics and
segmentation, and more.