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Hard Times May Boost Linux in Financial Services

Apr 06, 2009 | On Monday, at the High Performance Linux on Wall Street conference in New York, Inna Kuznetsova, director of IBM's Linux Strategy, led a panel that discussed how Linux can be used to reduce costs and improve performance in these economically challenging times. We recently got the opportunity to ask Kuznetsova about the increasing profile of Linux for IBM customers and how the technology is enabling them to realize cost savings.
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Platform Computing Bullish on Financial Services Business

Mar 16, 2009 | When Platform Computing formed its financial services business unit in May 2008, it probably didn't know that within six months the financial industry would begin to implode, bringing much of the global economy down with it. Now that some of the biggest investment banks are just scrambling for survival, will Platform's new focus on Wall Street pay off?
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Hardware Accelerators Are One Way to Help Wall Street, Companies Say

Sep 24, 2008 | Can hardware acceleration save Wall Street? Well, not as quickly as a multibillion-dollar bailout might, but there was plenty of discussion at this week's HPC on Wall Street conference about the advantages specialized hardware can bring to market analysts and traders. Sellers of these products were all over the place, their booths were busy, and several sessions on the subject were standing-room only.
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Banks and Outsourcing: Just Say 'Latency'

Sep 24, 2008 | A common critique of external cloud computing services is that big-time IT users, like major corporations and financial institutions, are nowhere near getting on board. That might be true for the new breed of "cloud" services, but for the financial services sector, at least, outsourcing is far from a dirty word.
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Microsoft Aims Newest HPC Offering at Wall Street

Sep 23, 2008 | When profits drop, businesses look to boost productivity and performance -- and nowhere is that demand more urgent right now than on Wall Street. Yesterday, about 60 blocks north of the scene of the recent financial meltdown, Microsoft announced it has released its latest product to provide that boost: Windows HPC Server 2008.
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GPUs Finding A New Role on Wall Street

Sep 22, 2008 | Despite the carnage from this year's financial crisis, the arms race in algorithmic trading is likely to continue. Behind that competition are a variety of high performance computing technologies, such as commodity clusters, FPGA accelerators and Blue Gene supercomputers. One of the new kids on Wall Street is GPU computing, a technology that is making inroads across nearly every type of HPC application.
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Financial Services >>Top Headlines

Why High-Performance Computing Needs Financial Engineering

Apr 23, 2009 | Ars Technica | Richard Bookstaber, the quant's quant, suggests that the CPU- and GPGPU-driven arms race among high-frequency, computer-automated trading shops should, and eventually might, come to a halt.
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Algorithms Everywhere: Can IBM Automate Business Decisions?

Apr 15, 2009 | ZDNet | IBM is pitching the idea of using predictive modeling to make business decisions.
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Wall Street Accelerates Options Analysis With GPU Technology

Mar 12, 2009 | Wall Street & Technology | NVIDIA’s graphics processing units help Wall Street speed up financial calculations and lower power consumption.
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Creating Extreme Systems - An RNA Networks Customer Profile

Mar 11, 2009 | ZDNet | A financial services firm is using RNA Networks' memory virtualization technology to accelerate its algorithmic trading operation.
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Bringing Home the Gold with an Ultra Low Latency Hardware Data Path

Feb 24, 2009 | CIO | After a couple years spent losing latency battles to Infiniband, Ethernet is poised to win the war.
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Digital Dividends

Feb 09, 2009 | Texas Advanced Computing Center | For Lorenzo Garlappi and Stathis Tompaidis, researchers from The University of Texas’ McCombs School of Business who are at the forefront of financial modeling, it is an exciting time to be studying markets.
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Financial Services >> Off the Wire

Voltaire, NYSE Technologies Partner on Ethernet Messaging Solution

Jun 23, 2009 | Voltaire today announced a new low latency 10 Gigabit Ethernet-based messaging solution in collaboration with NYSE Technologies.
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RTI Launches Low-Latency Messaging Infrastructure

Jun 23, 2009 | Real-Time Innovations (RTI) today introduced the next generation of its low-latency messaging infrastructure.
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ACTIV Financial Advances Low-Latency Application Interoperability

Jun 23, 2009 | ACTIV Financial today announced it has bolstered its application programming interface (API) to further reduce latency between ACTIV's market data management solutions and third-party applications.
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Platform Announces Private Cloud Management Software

Jun 22, 2009 | Platform Computing today announced a new software product for managing private cloud environments from the Securities Industry and Financial Markets Association (SIFMA) Conference in New York City.
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TABB Group Defines Hardware Acceleration

Jun 16, 2009 | According to TABB Group's new IT-centric research published today, "Hardware Acceleration: Traders and Teraflops," hardware acceleration is the hybrid car of trading systems.
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International Monetary Fund Selects Platform

Jun 08, 2009 | Platform Computing announces that the International Monetary Fund (IMF) has selected Platform Symphony for high-performance grid computing.
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Feature Articles

Book Review: Petascale Computing: Algorithms and Applications

Petascale Computing: Algorithms and Applications, edited by David A. Bader, is the first book in CRC's Computational Science Series, edited by Horst Simon. Although the book is a collection of papers, Bader has done an excellent job of creating a compilation that holds together and covers a broad topic very well.
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The Week in Review

Cilk++ used in parallelization of the FP-tree algorithm for pattern mining; Istanbul benchmark results posted; and the latest on the NVIDIA Tesla shortage. John West recaps those stories and more in our weekly wrap-up.
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A Trio of HPC Offerings Unveiled at ISC

Last week's International Supercomputing Conference (ISC'09) was a convenient excuse for vendors to announce a raft of new products, but three, in particular, stood out.
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Top Headlines

Cloudy With a Chance of HPC

Jul 01 | GenomeWeb Daily News | The popularity of cloud computing in the life sciences community was on full display at April's Bio-IT World conference. Read more...

HPC From the Beach

Jul 01 | Linux Magazine | How can getting to the ocean help with HPC computing? Read more...

DARPA Investigates Extreme Supercomputing

Jun 29 | GCN.com | Agency issues RFI for "Ubiquitous High Performance Computing" systems. Read more...

Supercomputers Go From Biggest to Cheapest

Jun 29 | Computerworld | The bottom of the TOP500 reveals the coming revolution in truly accessible high-end computing. Read more...

CPUs Gear Up For -- and Some Avoid -- Hot Chips

Jun 18 | EE Times | Parallel software also takes spotlight at Stanford confab. Read more...

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Featured Whitepapers

Building High Performance Computing in a Green and Modular Solution Building Block

Apr 14 | | Many HPC IT departments are feeling the rising pressure to deliver more capacity computing and performance while trying to reduce the total cost of ownership. This white paper discusses how an environmentally-friendly and open-standards HPC building block based computing system using flexible interconnect options helps address capacity computing needs.

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Multimedia

Webcast: Dell Expands HPC Access and Adoption with Intel Cluster Ready Program

Source: Addison Snell, GM/VP, Tabor Research; sponsored by Dell

Many organizations that could benefit from the use of HPC clusters find that it is complicated to get the systems up and running because of limited IT resources or the complexities of the clusters themselves. Learn how the Intel Cluster Ready program, for which Dell was an original partner, seeks to address this challenge for entry level and mid-range HPC users.

Video White Paper: Architecting a Better Network Storage Solution

BlueArc's Titan architecture represents an evolutionary step in file servers by creating a hardware-based file system that can scale bandwidth, IOPS, and overall data capacity well beyond conventional software-based devices. With its ability to virtualize a massive storage pool of up to four usable petabytes of tiered storage, Titan can scale with growing data requirements, offering a competitive advantage for businesses, researchers, or other enterprises seeking to better manage data growth while still ensuring optimal performance.

Webcast: HPC Development Solutions: Sun Studio & Sun HPC ClusterTools

Sun Studio Compilers and Tools and Sun HPC ClusterTools allow you to create high performance parallel applications for OpenSolaris, Solaris and Linux. Sun Studio Express 11/08 includes MPI performance analysis capabilities and full OpenMP 3.0 compiler support. Learn about all this and the latest in Sun HPC ClusterTools 8.1.