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Phi and Kepler Run Monte Carlo Race

Sep 18, 2013 |

This week we spoke with Jörg Lotze, CTO and cofounder of financial services-driven software firm, Xcelerit, about benchmarking accelerators, coprocessors, and multicore architectures with specific emphasis on how GPUs stack up against Intel Xeon Phi coprocessors. Lotze discussed the challenges and opportunities of each in the context of real-world Monte Carlo examples.

Iceland Hosts Technology Trifecta

Jul 9, 2013 |

Cloud computing might well serve as a bridge between green and high performance computing, as top HPC management layers couple with known efficient datacenters, such as what happened when Datapipe and Verne Global formed a partnership in the middle of June that will bring the Stratosphere management platform to Verne’s Icelandic datacenter.

Cray Cracks Commercial HPC Code

Jun 20, 2013 |

During a conversation this week with Cray CEO, Peter Ungaro, we learned that the company has managed to extend its reach into the enterprise HPC market quite dramatically–at least in supercomputing business terms. With steady growth into these markets, however, the focus on hardware versus the software side of certain problems for such users is….

Overcoming the Cloud Security Barrier for Financial Services

May 10, 2013 |

The private industry least likely to adopt public cloud services for data storage are financial institutions. Holding the most sensitive and heavily-regulated of data types, personal financial information, banks and similar institutions are mostly moving towards private cloud services – and doing so at great cost.

Big Data Engenders New Opportunities and Challenges on Wall Street

Sep 27, 2012 |

<img style=”float: left;” src=”http://media2.hpcwire.com/hpcwire/analytics_small.bmp” alt=”” width=”92″ height=”92″ />One of technology’s most pervasive buzzwords echoed in the ears of attendees at this year’s one-day HPC on Wall Street conference in New York City, as panel after panel addressed the challenges and opportunities that big data presents. From the opening remarks regarding Wall Street’s traditional concern of low latency, delivered by Cisco CTO Paul Perez, to the multiple open-ended discussions that took place in concurrent panels, the “big data” problem was a much-discussed topic.

Short Takes

Crossing Borders in the Cloud

Mar 28, 2013 |

Cloud computing has made the exchange of information between financial companies and the European community complicated.

NASDAQ OMX Builds Financial Cloud Platform with Amazon

Sep 25, 2012 |

The NASDAQ OMX group and Amazon Web Services have partnered to develop a cloud platform for financial institutions.

High Frequency Trading Slips Up Once Again

Aug 8, 2012 |

Errant HFT algorithm costs firm $440 million.

Predicting the Next Cloud Boom

Jul 24, 2012 |

According to a new report from Saugatuck Technology, cloud-based business analytics is poised for huge growth over the next two years.

Watson Gets a Shot at the Banking Business

Mar 8, 2012 |

IBM and Citigroup introduce the Jeopardy-winning supercomputer to the financial industry.

Off the Wire

KINBER Awarded NSF Grant

Mar 5, 2015 |

HARRISBURG, Penn., March 5 — The Keystone Initiative for Network Based Education and Research (KINBER), a non-profit membership organization devoted to fostering collaboration through technology, received a $150,000 National Science Foundation (NSF) grant to develop workshops and other activities that will improve the ability of colleges and universities throughout Pennsylvania to better understand and utilize their Read more…

IU’s GlobalNOC Awarded $4.8M Grant From the NSF

Mar 5, 2015 |

BLOOMINGTON, Ind., March 5 — The Indiana University Global Research Network Operations Center (GlobalNOC) today announced the award of a major new five-year, $4.8 million grant from the National Science Foundation (NSF). The new funding will enable continued planning, operation, engineering support and management of TransPAC, the high-speed network that connects researchers in the US Read more…

HP Reports Fiscal 2015 First Quarter Results

Feb 25, 2015 |

PALO ALTO, Calif., Feb. 25 — HP today announced financial results for its fiscal 2015 first quarter ended January 31, 2015. First quarter net revenue of $26.8 billion was down 5% from the prior-year period and down 2% on a constant currency basis. First quarter GAAP diluted net earnings per share (EPS) was $0.73, down from Read more…

TGAC and Optalysys Collaborate to Reduce HPC Energy Consumption

Feb 19, 2015 |

Feb. 19 — The Genome Analysis Centre (TGAC) and high performance computing (HPC) hardware provider Optalysys Ltd have joined forces to develop and implement a revolutionary optical processing device that will perform large-scale DNA sequence searches for crucial genomic research with energy savings of over 95% per year. The new Genetic Search System (GENESYS) has Read more…

$40M Grant to Power High-Tech Transformations at Purdue

Feb 18, 2015 |

WEST LAFAYETTE, Ind., Feb. 18 — The biggest cash donation in Purdue University’s history will fund initiatives designed to foster groundbreaking research, expand high-tech job growth throughout Indiana as well as nationally and globally, and enhance opportunities for students. Lilly Endowment Inc. announced Wednesday (Feb. 18) a $40 million grant to support five transformational projects in the Read more…