By Amir Halfon, Senior Director for Technology, Capital Markets, Oracle Financial Services
UniCredit Global Information Systems (UGIS), the IT company within Italian financial institution UniCredit Group, is building out a grid computing solution supplied by Platform Computing with a view to optimising application performance and reducing costs through better use of installed hardware.
Data integration and the adoption of technologies including data location aware computation, in database analytics and event stream processing will improve analytics, reduce decision making time and, in turn, contribute to cutting the costs associated with duplicated data. 
Proving return on investment (ROI) while attempting to take an incremental approach to enterprise data management projects remains a significant challenge for managers seeking sign-off for EDM projects, delegates at A-Team’s Data Management for Risk, Analytics & Valuations conference in London heard. 
The introduction of 70 capital markets regulations in Europe over the next 18 months and the addition of about 300 regulations in the US are driving the need for big data solutions that can deliver on-demand risk and business analytics reports, more granular risk management and the ability to combine unstructured data behind products such as OTC derivatives with structured data.
A-Team Insight Events combine A-Team's expertise in financial markets IT with thought leadership from world-class technology innovators and practical experience from financial market practitioners. In 2011, a quality constituency will once again gather for these focused events in London and New York City.
Hyper Rig has souped up the performance and scalability of its Hypercube risk aggregation reporting solution, building on the product’s service oriented architecture (SOA) and data virtualisation techniques to offer banks an improved and more timely view of enterprise risk.
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