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Utilities Online Article |  | |
Houston, TX, Dec. 16, 2005 -- SunGard, Intel and DataSynapse Corps. announced that SunGard's ZaiNet, an energy trading and risk management solution, now offers a grid-enabled version of its Monte Carlo Value at Risk (MC VaR) and Earnings at Risk (EaR) analytics packages utilizing the DataSynapse GridServer technology.
According to SunGard, ZaiNet is able to make critical decision support VaR information available during the day by taking advantage of grid-technology that transforms the analytics reporting of various risks from overnight batch runs into shorter runs that complete in a fraction of the time.
SunGard's grid-enabled ZaiNet MC VaR and EaR, in conjunction with Data Synapse's GridServer Virtual Enterprise Edition, and Intel's 2.8 GHz Xeon CPU help energy companies achieve faster turn-around on reporting of portfolio risk by effectively allocating compute resources across a network to help improve IT resource utilization. The GridServer transparently manages the spreading of the ZaiNet calculations across multiple processors for the customer. As a result, the combined SunGard and Data Synapse solution is intended to help provide improved resiliency, accuracy and speed for the complex analysis and reporting upon which energy companies have come to rely for mission-critical business decisions.
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