2009年1月30日金曜日

SunGard's Kiodex SaaS Solution is Implemented at Yates Petroleum

Business Intelligence系のSaaSアプリケーションが業界で採用され始めており、このトレンドの事例として、SunGard社のリスク管理サービスKiodex Risk WorkbenchがYates Petrolieum Corp.社に採用されている、という記事。 
 
SunGard社はFinancial市場向けにも同様の戦略を立てようとしている。 

SunGard has implemented its Kiodex Risk Workbench at Yates Petroleum Corporation for commodity risk management and hedging.
 
SunGard's Kiodex is a Web-based commodity risk management solution delivered as a Software-as-a-Service (SaaS (News - Alert)). It combines trade capture, valuation models, risk measurement, financial reporting and independent market data to help companies to fulfill the hedge objectives. Yates can now recognize and predict margining and cash requirements from counterparties with the help of Kiodex's risk analysis tools, market data and Value at Risk (VaR) capabilities.

 
Ben Jackson, chief operating officer of SunGard's Kiodex business unit, said, "With increased volatility in petroleum markets, companies active in energy production require a comprehensive risk tool to accurately capture price fluctuations and support decision making on their hedging programs. SunGard's Kiodex helps these organizations increase their hedging activities while managing larger exposures through greater risk controls."
 
Keeping in mind the needs of the financial sector, SunGard is planning to introduce a new service called Infinity. Infinity, in combination with SunGard components with their own proprietary or third party components, helps financial institutions to develop and deploy custom applications by offering business process management (BPM) and a virtualized, software-as-a-service (SaaS) infrastructure, Infinity uses SunGard's Common Services Architecture (CSA), a service-oriented architecture (SOA) development framework.
 
Recently, the company added more than 500 cores to a grid computing cluster setup to host SunGard's iWorks Prophet actuarial solution, the enterprise risk management application in the iWorks solution suite. The grid uses Sun Microsystems' Sun Blade X6250 server modules,
Intel's Quad-Core Xeon processors and software from Microsoft (News - Alert) to achieve high-performance computing capacity facilitates the development, execution and support of actuarial models.
 
JB Smith, marketing manager at Yates Petroleum Corporation, said, "We chose SunGard's Kiodex to help us achieve desired rates of return on petroleum drilling and acquisition targets. Kiodex helps us to better define, execute and manage our hedging objectives, as well as to save on trade execution costs and gain improved visibility into our exposure and possible hedging alternatives."