Sectors » Financial Services

Features

So You Want to be an HPC Entrepreneur

Oct 20, 2014 |

Before you take the step to becoming a fully-fledged entrepreneur, in HPC of all areas, ask yourself why? Is it because you want to be your own boss and call the shots, are you a risk taker, want the flexibility, you have such a good idea you can’t not do it, or you just want Read more…

Arista Poised for Ethernet Expansion

Jun 9, 2014 |

In the wake of the Arista Networks IPO news on Friday, there has been a great deal of conversation about what the future of software-defined networking will be going forward, not just for its obvious role in hyperscale datacenters, but in other IT segments as well, including HPC. To be clear, other than having a Read more…

Shaking the HPC In-Memory Stack

Mar 3, 2014 |

Many who have been in HPC for a number of years will remember GridGain, the in-memory computing company that has found success at a number of commercial and academic high performance computing sites since its official launch in 2010—an effort backed with an initial $2.5 million investment, followed by another boost last year with a Read more…

The Top Supercomputing Led Discoveries of 2013

Jan 2, 2014 |

2013 has been an incredible year for the entire ecosystem around supercomputing; from vendors pushing new technologies to boost performance, capacity, and programmability to researchers turning over new insights with fresh techniques. While exascale has taken more of a backseat than we might have predicted at the year’s end of 2010, there are plenty of Read more…

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.

Short Takes

IBM’s Guide to Cloud Based HPC

Jun 12, 2013 |

Cloud computing is gaining ground in utilization by mid-sized institutions who are looking to expand their experimental high performance computing resources. As such, IBM released what they call Redbooks, in part to assist institutions’ movement of high performance computing applications to the cloud.

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.

Off the Wire

NSF Extends the Kraken Project

May 28, 2015 |

OAK RIDGE, Tenn., May 28 — The National Science Foundation (NSF) has awarded the National Institute for Computational Sciences (NICS) $3 million to continue to provide advanced computing resources for researchers in science and engineering across the country through July 2016. This extension brings the total award for the Kraken project to more than $84.5 million Read more…

HP Reports Fiscal 2015 Second Quarter Results

May 22, 2015 |

May 22 — HP today announced financial results for its fiscal 2015 second quarter ended April 30, 2015. Second quarter net revenue of $25.5 billion was down 7% from the prior-year period and down 2% on a constant currency basis. Second quarter GAAP diluted net earnings per share (EPS) was $0.55, down from $0.66 in Read more…

Mellanox, Supermicro Collaborate to Deliver CloudX-based Hyper-Converged Infrastructure

May 19, 2015 |

VANCOUVER, CANADA – May 19, 2015 – Mellanox Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of high-performance cloud networking solutions, today announced at OpenStack Summit 2015 that it has collaborated with Super Micro Computer, Inc. (NASDAQ: SMCI) to provide hyper-converged OpenStack cloud-in-a-rack solutions based on the Mellanox CloudX reference architecture, Supermicro servers and storage, OpenStack cloud Read more…

CCR Receives $9M Grant to Improve Tool That Maximizes Supercomputing Performance

May 15, 2015 |

BUFFALO, N.Y., May 15 — Walt Disney World and supercomputing facilities have something in common: waiting lines. Like tourists queuing up to ride Space Mountain and other attractions, researchers who rely on high performance computers to tackle complex scientific problems also must wait their turn because the demand to use these powerful machines outpaces their Read more…

Netlist Reports First Quarter 2015 Results

May 12, 2015 |

May 12 — Netlist, Inc., a leading provider of high performance memory solutions for the cloud computing and storage markets, today reported financial results for the first quarter ended March 28, 2015. Revenues for the three months ended March 28, 2015, were $2.1 million, compared to revenues of $7.0 million for the first quarter ended March 29, 2014.  Gross profit for the Read more…