Welcome!

News Feed Item

China's Shanghai Wind Information Selects IBM to Deliver Leading Cloud-Based Risk Service

New cloud-based analytics capabilities address Chinese regulatory requirements and help users make risk-adjusted investment decisions

SHANGHAI and ARMONK, N.Y., Aug. 7, 2014 /PRNewswire/ -- IBM (NYSE: IBM) today announced that Shanghai Wind Information (Wind Info) has selected IBM to help provide its users in China with new cloud-based analytics tools to better manage financial risks and meet regulatory requirements.

IBM Corporation logo

This partnership builds on IBM's expertise working with global financial institutions to help address challenging regulatory requirements in risk.

Wind Info, a leading service provider of financial data, research, information and software, serves more than 90 percent of the financial enterprises in the Chinese market, including securities, fund management firms, insurance companies, banks and investment firms. As the leading provider of trading terminals in China, its technology is present in virtually every bank and asset manager in the country.

Chinese regulatory authorities are now requiring more sophistication in risk monitoring and reporting to ensure stability and protect the Chinese financial system in an increasingly complex environment. To meet these evolving regulations, Wind Info needs advanced risk management capabilities for its Wind Terminal systems, which are used by traders to buy and sell stocks, bonds and other financial products.

Wind Info will incorporate IBM's cloud-based risk management software, IBM Algo Risk Service on Cloud, and the locally installed IBM Algo One Risk Aggregator directly into its Trading Terminals, creating a hybrid solution that will conduct sophisticated risk data processing in the cloud while keeping all client position data protected and confidential within the boundaries of China, an important requirement of Chinese law. The new solution is expected to be available later this year.

"As Chinese financial markets continue to grow not only in size but also complexity, investors from all around the world are looking to invest in this region, and we want to provide them with tools of the highest caliber to enable them to fulfill regulatory requirements and to help maximize returns," said Jin Jian, Vice President, Shanghai Wind Information. "Working with IBM, Wind Info is excited to bring new innovative services to our clients and help pave the way for financial trading success in China."

"With its extensive Chinese-specific market data and IBM's risk solutions and expertise, Wind Info is in the unique position to deliver a risk service focused on the specific characteristics of the financial markets in China," said Dr. Andrew Aziz, Director of Risk Analytics, IBM.  "We're pleased to be teaming with Wind Info to help their clients optimize their trading decisions."

Integrating IBM risk analytics software into Wind Terminals in China will provide a fully customizable, integrated risk framework for advanced portfolio and risk analytics that is first-of-a-kind in China, helping clients confidently address regulatory requirements, improve investor confidence, formulate investment decisions and overall, help make financial markets safer. Together, IBM and Wind Info will help provide their clients with world-class financial risk management capabilities to meet the demands of an increasingly complex business environment.

About Shanghai Wind Information Co., Ltd.

Shanghai Wind Information Co., Ltd (Wind Info), headquartered in Lujiazui Financial Center in Shanghai, is a leading integrated service provider of financial data, information and software. Wind Info serves more than 90% of the financial enterprises in the Chinese market, including securities firms, fund management firms, insurance companies, banks, and investment firms. Overseas, Wind Info serves 75% of the Qualified Foreign Institutional Investors (QFII). Additionally, most renowned financial research institutions and regulatory committees are on Wind Info's client list. The company's data are frequently quoted by Chinese and English media, in research reports, and in academic theses

For more information visit: http://www.wind.com.cn/En/

About IBM Risk Analytics

IBM has established the world's deepest portfolio of risk management solutions and software, combining the strengths of IBM's data management solutions, Algorithmics' track record of thought leadership in risk, unparalleled risk analytics and decision support applications, and OpenPages' comprehensive governance, risk and compliance solution.  IBM holds 6,000 risk and security patents, employs more than 1,500 dedicated risk professionals and over 6,000 IBM researchers, developers and subject matter experts all focused on security.

For more information visit: http://ibm.com/smarterrisk

About IBM Big Data and Analytics

IBM has established the world's deepest portfolio of Big Data and Analytics technology that spans research and development, solutions and software. IBM has invested $24 billion to build its capabilities in Big Data and Analytics through R&D and more than 30 acquisitions. Today, more than 15,000 analytics consultants, 6,000 industry solution business partners, and 400 IBM mathematicians are helping clients use big data to transform their organizations.

For more information about IBM Big Data and Analytics, please visit http://www.ibm.com/big-data/us/en/big-data-and-analytics/

For more information about IBM Risk Analytics, please visit: http://www-03.ibm.com/software/products/en/category/risk-analytics

Media Contact: 
Harriet Ip
External Relations, IBM Software Group 
Phone: +65-6418-1521 
Email:  harrieti@sg.ibm.com

Logo - http://photos.prnewswire.com/prnh/20090416/IBMLOGO

SOURCE IBM

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), provided an overview of various initiatives to certify the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldwide re...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...
When growing capacity and power in the data center, the architectural trade-offs between server scale-up vs. scale-out continue to be debated. Both approaches are valid: scale-out adds multiple, smaller servers running in a distributed computing model, while scale-up adds fewer, more powerful servers that are capable of running larger workloads. It’s worth noting that there are additional, unique advantages that scale-up architectures offer. One big advantage is large memory and compute capacity...
Both SaaS vendors and SaaS buyers are going “all-in” to hyperscale IaaS platforms such as AWS, which is disrupting the SaaS value proposition. Why should the enterprise SaaS consumer pay for the SaaS service if their data is resident in adjacent AWS S3 buckets? If both SaaS sellers and buyers are using the same cloud tools, automation and pay-per-transaction model offered by IaaS platforms, then why not host the “shrink-wrapped” software in the customers’ cloud? Further, serverless computing, cl...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities. In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, posited that disruption is inevitable for comp...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
It is ironic, but perhaps not unexpected, that many organizations who want the benefits of using an Agile approach to deliver software use a waterfall approach to adopting Agile practices: they form plans, they set milestones, and they measure progress by how many teams they have engaged. Old habits die hard, but like most waterfall software projects, most waterfall-style Agile adoption efforts fail to produce the results desired. The problem is that to get the results they want, they have to ch...
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, discussed some of the security challenges of the IoT infrastructure and related how these aspects impact Smart Living. The material was delivered interac...
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
The Internet giants are fully embracing AI. All the services they offer to their customers are aimed at drawing a map of the world with the data they get. The AIs from these companies are used to build disruptive approaches that cannot be used by established enterprises, which are threatened by these disruptions. However, most leaders underestimate the effect this will have on their businesses. In his session at 21st Cloud Expo, Rene Buest, Director Market Research & Technology Evangelism at Ara...
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, highlighted the current challenges of these transformative technologies and shared strategies for preparing your organization for these changes. This “view from the top” outlined the latest trends and developments i...