CA announced the formation of an advisory committee to help its Wall Street customers improve the performance and availability of key business services, lower the cost of delivering services and meet compliance requirements using workload automation technology. The committee, selected from CA's major financial market customers, will define best practices in the implementation of workload automation technology, including CA AutoSys Workload Automation.

Workload automation technology is used by financial institutions to process trades worth billions of dollars every day. If these workloads fail or experience disruptions, companies can face significant financial losses and regulatory fines. Such problems can also potentially impact the U.S. economy and worldwide markets.

"Workload automation is instrumental in helping top Wall Street companies manage costs and perform their core business functions at peak efficiency," said Mark Bubar, vice president of Financial Services at CA. "By establishing an advisory council with these influential firms, CA is helping the industry distill the best practices necessary to achieve IT excellence-while also ensuring that our next generation of solutions meets our customers' real-world challenges."

As back-end processing workloads continue to escalate, limited budgets, rising utility costs, insufficient physical space, and other operational challenges make it difficult to accommodate those workloads. IT organizations are responding by adopting new workload automation practices and technologies-such as policy-based re-allocation of virtual server resources-that increase efficiency and respond to shifts in demand. Best practices, combined with sophisticated technology such as CA AutoSys Workload Automation, can help these organizations optimize the delivery of critical workload processes across diverse enterprise infrastructures.

"The current economic situation is putting Wall Street's IT departments under increased scrutiny to reduce expenses while optimizing performance," said Pavel Vaynshtok, independent consultant to Wall Street firms and chairman of the Wall Street AutoSys Advisory Committee. "By working as a team to define best practices and using our combined knowledge to influence product development, we are helping to ensure that Wall Street and the economy are running smoothly."