Mhhm I think the OD isn't the problem. Since there is a DB2 V10 out, you should think about upgrading?
There are thousands of fixes and some are especially for the performance...
If you want to tune your 9.5 you should have a look at 'db2 autoconfigure apply none'. It will turn out if you have something misconfigured. Pay attention before changing something (test it!). Are the stats up to date?
Cheers