Delivering on its ongoing commitment to assist the financial world by empowering organizations to drive through cost reduction and efficiency increase measures through the use of advanced technologies, Corporate Modelling PLC has now launched the Financial Services Grid Initiative.

The Financial Services Grid Initiative was developed to provide a utility platform for financial service companies based upon the use of grid technologies as a utility resource. The initiative is open to all hardware vendors, software vendors and third party software houses.

The goals of the Financial Services Grid Initiative are to enable organisations to maximise the use of their computer resources in a cost effective and secure manner.

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The Financial Services Grid Initiative was created to provide a utility platform for financial services companies based upon the use of Grid technologies as a utility resource, allowing for the implementation of a mixed computing environment on a common infrastructure.
The initiative is open to hardware vendors, software vendors and end user development teams all of whom have a common goal of utility computing in core production systems. All members are active in that they contribute their efforts or solutions to the utility computing goal.
The aim is to resolve and answer the hard questions that the financial industry needs solved in order to adopt a utility computing model, and to have assembled the companies who have the skills to deliver the solutions. Today there is not a common understanding of the problems, nor a common understanding of the platform features required to deliver the total solution. By joining the initiative, you get access to the solutions available from other members to resolve the issues.
The Financial Services Grid
Initiative Launched
11th May 2007
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The Financial Services Grid
Initiative Introduction
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