SCIENCE

Korean businesses like Samsung Securities are wielding big analytics to lower risk and increase performance speed during critical periods. They’re doing it with SAS, the leader in business analytics software and services, and Platform Computing, the leader in cluster, grid and cloud management software.

By applying SAS Grid Manager to its SAS for Enterprise Risk Management system, Samsung Securities expects to increase overall risk calculation throughput by 30 percent while also improving the accuracy of the analysis. Part of the SAS High-Performance Computing portfolio, SAS Grid Manager provides a central point for administering policies, programs and prioritization to achieve business goals across multiple users and groups under a given set of constraints.

Utilizing a standardized platform that combines industry-leading grid and workflow management software from Platform Computing with the power of SAS Business Analytics, SAS Grid Computing lets users scale business processes and accelerate decisions for greater competitive advantage. It automates management and optimization of application processing in a grid computing environment. Customers can use industry-standard hardware to deliver superior utilization, availability and flexibility.

“In today’s volatile financial market, making powerful, accurate and fast decisions is critical in minimizing risk. SAS High Performance Computing, including SAS Grid Manager, enables our customers to get answers to existing problems faster, allowing them to make ground-breaking, mission-critical decisions that will dramatically change their business,” said Sam Cho, SAS Korea Country Manager.

“Powered by leading grid and cluster management solutions from Platform Computing, SAS Grid Manager enables powerful and timely analysis within enterprise analytic environments for critical business decisions across numerous sectors,” said Tripp Purvis, Vice President of Business Development at Platform Computing. “Extending our longstanding North American partnership into Asia Pacific will help customers across Asia make better decisions by leveraging their data in a flexible, highly available environment.”