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UGIS is the IT division of UniCredit.

UniCredit Selects Platform Computing for Private Cloud

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UniCredit Global Information Systems (UGIS) has signed a deal with Platform Computing, to provide a private cloud environment for its global markets and investment banking, and risk management applications.

The shared computing environment was built using Platform Symphony and elements of Platform ISF, creating a grid computing platform across UGIS's datacenters. Pricing and risk management within UGIS Global Markets & Treasury are now computed using this distributed model.

"The traditional approach to IT is not working as the current model of building silos does not meet the dynamic needs of an organisation in a competitive and fast-moving sector, such as financial services," says Christopher Nathan, vice president EMEA at Platform Computing. "Enterprise grid computing offers organisations like UGIS Global Markets & Treasury a responsive, cost-effective IT model that delivers critical resources and added value."

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