Welcome!

IBM Cloud Authors: Elizabeth White, AppDynamics Blog, Liz McMillan, Jason Bloomberg, Derek Weeks

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.

@ThingsExpo Stories
The IoT has the potential to create a renaissance of manufacturing in the US and elsewhere. In his session at 18th Cloud Expo, Florent Solt, CTO and chief architect of Netvibes, will discuss how the expected exponential increase in the amount of data that will be processed, transported, stored, and accessed means there will be a huge demand for smart technologies to deliver it. Florent Solt is the CTO and chief architect of Netvibes. Prior to joining Netvibes in 2007, he co-founded Rift Technol...
Join IBM June 8 at 18th Cloud Expo at the Javits Center in New York City, NY, and learn how to innovate like a startup and scale for the enterprise. You need to deliver quality applications faster and cheaper, attract and retain customers with an engaging experience across devices, and seamlessly integrate your enterprise systems. And you can't take 12 months to do it.
This is not a small hotel event. It is also not a big vendor party where politicians and entertainers are more important than real content. This is Cloud Expo, the world's longest-running conference and exhibition focused on Cloud Computing and all that it entails. If you want serious presentations and valuable insight about Cloud Computing for three straight days, then register now for Cloud Expo.
IoT device adoption is growing at staggering rates, and with it comes opportunity for developers to meet consumer demand for an ever more connected world. Wireless communication is the key part of the encompassing components of any IoT device. Wireless connectivity enhances the device utility at the expense of ease of use and deployment challenges. Since connectivity is fundamental for IoT device development, engineers must understand how to overcome the hurdles inherent in incorporating multipl...
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, will discuss how research has demonstrated the value of Machine Learning in delivering next generation analytics to im...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, will discuss how leveraging the Industrial Interne...
The paradigm has shifted. A Gartner survey shows that 43% of organizations are using or plan to implement the Internet of Things in 2016. However, not just a handful of companies are still using the old-style ad-hoc trial-and-error ways, unaware of the critical barriers, paint points, traps, and hidden roadblocks. How can you become a winner? In his session at @ThingsExpo, Tony Shan will present a methodical approach to guide the holistic adoption and enablement of IoT implementations. This ov...
SYS-CON Events announced today that Stratoscale, the software company developing the next generation data center operating system, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Stratoscale is revolutionizing the data center with a zero-to-cloud-in-minutes solution. With Stratoscale’s hardware-agnostic, Software Defined Data Center (SDDC) solution to store everything, run anything and scale everywhere...
Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified – now it's a component-based well-performing framework. This immersive one-day workshop at 18th Cloud Expo, led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and the product company SuranceBay, will provide you with everything you wanted to know about Angular 2.
Digital payments using wearable devices such as smart watches, fitness trackers, and payment wristbands are an increasing area of focus for industry participants, and consumer acceptance from early trials and deployments has encouraged some of the biggest names in technology and banking to continue their push to drive growth in this nascent market. Wearable payment systems may utilize near field communication (NFC), radio frequency identification (RFID), or quick response (QR) codes and barcodes...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
You deployed your app with the Bluemix PaaS and it's gaining some serious traction, so it's time to make some tweaks. Did you design your application in a way that it can scale in the cloud? Were you even thinking about the cloud when you built the app? If not, chances are your app is going to break. Check out this webcast to learn various techniques for designing applications that will scale successfully in Bluemix, for the confidence you need to take your apps to the next level and beyond.
The increasing popularity of the Internet of Things necessitates that our physical and cognitive relationship with wearable technology will change rapidly in the near future. This advent means logging has become a thing of the past. Before, it was on us to track our own data, but now that data is automatically available. What does this mean for mHealth and the "connected" body? In her session at @ThingsExpo, Lisa Calkins, CEO and co-founder of Amadeus Consulting, will discuss the impact of wea...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's single source for the cloud. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud...
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore. This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, will explain how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...