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COMIFIN - Communication middleware for monitoring financial CI

  • 18395
  • CORDIS - PROJECTS 02/10/2008
  • RISULTATO

As remarked in very recent studies of the Federal Reserve, a financial infrastructure is an unmanaged large scale networked system of interconnected financial markets and banking systems by which domestic and international financial institutions allocate capital and manage their risk exposures. The 9/11 attack and European and North American black-outs over the past decade have emphasized vulnerability of this infrastructure to wide-scale disruptions and highlighted inter-dependencies between the financial infrastructure and other critical ones (notably the power grid, telecommunication infrastructure and the Internet).

The main purpose of the CoMiFin STREP is strategically targeting improvements of the EU technological and institutional pace in addressing financial infrastructure protection (FIP).

Specifically, CoMIFin aims to provide "an infrastructure level monitoring, notification and mitigation" middleware as an essential element of FIP. CoMiFin aims at supporting business continuity of a financial actor on top of an unmanaged network of managed financial infrastructures under all foreseeable failure scenarios including the operational failures and deliberate breaches. To ensure that the technology developed by CoMiFin fits well into the overall holistic approach behind FIP, we will leverage the expertise of both: prominent user partners present in the consortium and Financial User Advisory Board members alongside the technological partners.


Start date: 2008-09-01

End date: 2011-02-28

Duration: 30 months

Project cost: 3571385 EURO

Project Funding: 2350000 EURO

Subprogramme Area: Critical infrastructure protection


Coordinatore: ELSAG DATAMAT S.P.A. - DI MEO, GIOVANNI - GENOVA - ITALIA

Altri partecipanti:

  • IBM ISRAEL - SCIENCE AND TECHNOLOGY LTD - PETACH TIKVA - ISRAEL
  • OPTXWARE KUTATAS-FEJLESZTESI KFT - BUDAPEST - MAGYARORSZAG
  • FINANSDEPARTEMENTET - OSLO - NORGE
  • WATERFORD INSTITUTE OF TECHNOLOGY - WATERFORD - ÉIRE/IRELAND
  • TECHNISCHE UNIVERSITAET DARMSTADT - DARMSTADT - DEUTSCHLAND
  • CONSORZIO INTERUNIVERSITARIO NAZIONALE PER L'INFORMATICA - ROMA - ITALIA
  • MINISTERO DELL'ECONOMIA E DELLE FINANZE - ROMA - ITALIA
  • UNIVERSITA DEGLI STUDI DI MODENA E REGGIO EMILIA - MODENA -ITALIA
Quadro di finanziamento
  • 7FP-ICT : TECNOLOGIE DELL’INFORMAZIONE E DELLA COMUNICAZIONE: priorità tematica 3 nell'ambito del programma specifico “Cooperazione” recante attuazione del Settimo programma quadro (2007-2013) di attività comunitarie di ricerca, sviluppo tecnologico e dimostrazione
Area di interesse
  • Unione Europea