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Is IBM Getting Openness Right? Yes, Says GM Doug Balog

Jun 29, 2015 |

The annual Red Hat Summit, held in Boston last week, is something of revival tent for open source where the pulpits are plentiful and so are smiling believers. Indeed it’s hard to dispute the powerful innovation springing from open source. The RH Summit, which started 11 years ago as a modest celebration of open source Read more…

IBM Power8 Outperforms x86 on Financial Benchmarks

Jun 9, 2015 |

If you’ve been waiting for a formal evaluation of the IBM Power8 architecture on common financial workloads, then look no further. According to results shared at the STAC Summit on June 4, an IBM Power8-based system server delivered more than twice the performance of the best-in-class x86 counterpart when running a set of standard financial industry benchmarks. Sumit Read more…

HP Launches HPC & Big Data Global Business Unit

Jun 4, 2015 |

When HP finally divides into two pieces – HP Inc. (PCs and printers) and Hewlett Packard Enterprise (servers and services) – how will the HPC portfolio fare? Views vary of course. The split is meant to let the ‘new’ companies shed distraction and sharpen focus. HPC will live within HP Enterprise, but perhaps surprisingly not Read more…

SRC Debuts Defense-Hardened FPGA Server

May 28, 2015 |

The SRC Saturn 1 server debuted today, built by reconfigurable computing specialists SRC Computers and positioned as an x86 alternative for high-volume workloads in hyperscale computing and big data analytics. While we have seen several FPGA-based server solutions come to market in the past year, the Saturn-1 is distinguished by its pedigree and insulation from Read more…

Workstations, Servers, Clouds: Making the Call for HPC

Dec 17, 2014 |

A recent survey in 25 HPC and CAE LinkedIn groups regarding engineers’ concerns about cloud computing was conducted by UberCloud and revealed that many engineers tend to compare the benefits of workstations versus servers versus clouds in a somewhat misinformed way. In fact, most of them compare the positive aspects of their workstation with the (apparent) roadblocks of Read more…

Short Takes

CPU Benchmarking: Haswell Versus POWER8

Jun 2, 2015 |

With OpenPOWER activity ramping up and IBM’s prominent role in the upcoming DOE machines Summit and Sierra, it’s a good time to look at how the IBM POWER CPU stacks up against the x86 Xeon Haswell CPU from Intel. Citing the compute-intensive nature of today’s financial applications, the acceleration specialists at Xcelerit sought to compare IBM’s powerhouse Read more…

Haswell Speeds Popular Financial App

Sep 17, 2014 |

Continuing our coverage of the new Intel “Haswell” Xeon E5 v3 series chips, we turn our attention to a recent blog post from software acceleration specialists Xcelerit to see how the Haswell fares on a popular Monte-Carlo financial application. The Haswell E5 family offers significant performance gains over the previous Ivy Bridge processors but to Read more…

GPUs Enable Real-Time Risk Management

Jan 7, 2014 |

A recent report from the Securities Technology Analysis Center (STAC) shows for the first time that GPUs boost computing speed such that risk management benchmarks, like STAC-2, can be operated in real-time, enabling them to be used pre-trade. The testing was demonstrated using STAC-A2, the “Greeks” benchmark for risk analysis. Used in pricing and risk Read more…

HPC Trends for Wall Street

Oct 21, 2013 |

In a recent interview with Total Trading magazine, Jeffrey Birnbaum of 60 East Technologies offers his take on a range of technologies relevant to the intersection of high performance computing and trading. As the CEO & Co-founder of 60 East Technologies, which specializes in real-time streaming database software for the financial services sector, Mr. Birnbaum has a unique perch Read more…

The Algorithms That Shape the World

Oct 14, 2013 |

In this provocative talk from TEDGlobal, MIT Media Lab professor Kevin Slavin paints a picture of a world that is increasingly being shaped by algorithms. Slavin explores how these complex computer programs evolved from their espionage roots to become the dominant mechanism for financial services. But as the 2008 financial crash exemplified, allowing algorithms to Read more…

Off the Wire

Mellanox to Release Second Quarter 2015 Financial Results on July 22

Jul 2, 2015 |

SUNNYVALE, Calif. & YOKNEAM, Israel, July 2 — Mellanox Technologies, Ltd., a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, today announced that it will release its financial results for the second quarter 2015 after the market closes on Wednesday, July 22, 2015. Following the release, Mellanox will conduct a conference Read more…

RWTH Aachen to Receive 22 Million Euros for Supercomputer

Jun 26, 2015 |

June 26 — The Joint Science Conference of the Federal Government and States has spoken in favor of funding a supercomputer at RWTH Aachen. The University is to receive almost 22 million Euros for the installation of a supercomputer for the Cluster Aix-la-Chapelle, Claix for short. The funds will be equally provided by the federal Read more…

Univa Short Jobs for Financial Services Announced

Jun 19, 2015 |

HOFFMAN ESTATES, Ill., June 19 — Univa, the data center workload optimization company, today announced Univa Short Jobs for financial services. The Univa Short Jobs add-on for Univa Grid Engine provides the financial services industry a framework to run massive quantities of low latency tasks inside a Univa Grid Engine cluster. The runtime can be as Read more…

Partnership to Boost Big Data Research in the UK

Jun 4, 2015 |

DARESBURY, U.K., June 4 — Universities and Science Minister Jo Johnson will today unveil a £313 million partnership with information technology leader IBM to boost Big Data research in the UK. Following on from Government’s £113 million commitment in the Autumn Statement to expand the Hartree Centre at Daresbury over the next five years, IBM will further support the project with a package Read more…

Intel to Acquire Altera

Jun 1, 2015 |

SANTA CLARA and SAN JOSE, Calif., June 1 – Intel Corporation and Altera Corporation today announced a definitive agreement under which Intel would acquire Altera for $54 per share in an all-cash transaction valued at approximately $16.7 billion. The acquisition will couple Intel’s leading-edge products and manufacturing process with Altera’s leading field-programmable gate array (FPGA) Read more…