IBM on Wednesday is expanding its grid computing offerings to the financial services industry through partnerships with SAS AG and DataSynapse Inc.
IBM is incorporating SAS business intelligence software into its IBM Grid Offering for Analytics Acceleration, which is designed to give banks greater customer insight, said Dan Powers, vice president of grid computing strategy at IBM. Using the SAS software in a grid environment also reduces the amount of time a bank needs to produce statistical models and analysis of their customer base, he said.
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