Sectors » Financial Services
TIBCO is moving its grid computing software to the cloud, starting with its GridServer product. The company is leveraging the Amazon Web Services computing infrastructure to provide customers with an easier and less expensive way to access its sophisticated grid computing technology.
To address today’s need for speedier transaction processing and to handle the associated surge in message traffic, financial services firms are examining every aspect of their infrastructures to squeeze any delays out of their end-to-end computational workflows. This quest to lower latencies in each step of processing trades, and to perform other chores, was a common theme at the High Performance Computing Financial Markets Conference held in New York, last week.
One of the largest financial institutions in the world is using FPGA-based supercomputing for analyzing some of its largest and most complex credit derivative portfolios. JP Morgan, along with Maxeler Technologies, has built and deployed a state-of-the art HPC system capable of number-crunching the company’s collateralized debt obligation (CDO) portfolio in near real-time.
The technology division for the New York Stock Exchange’s parent company has announced a community cloud for the financial services industry. The platform, set to come out of beta at the beginning of July could teach enterprises some valuable lessons about shared resources–for better or for worse.
According to a recent report from Excelian, grid computing has finally “grown up” which provides a window for users in the financial services industry to consider (and reconsider) best practices for distributed computing and evaluate variations on old models.
An IBM representative informed Forbes that it financial services companies are interested in corporate PERCS.
Turning the erstwhile graphics engine into a money-making machine.
Super-fast server chips likely aimed at high frequency trading.
Microsoft announces the third release of its Windows server operating system for technical computing.
SAS unveils patent-pending In-Memory Analytics platform,
Off the Wire
SUNNYVALE, Calif., 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 financial results for its second quarter 2014 after the close of market on Thursday, July 24, 2014. Following the release, Mellanox will conduct a conference call Read more…
LEIPZIG, Germany, June 24 – – International Data Corporation (IDC) today announced the seventh round of recipients of the HPC Innovation Excellence Award at the ISC’14 supercomputer industry conference in Leipzig, Germany. Prior winners were announced at the ISC’11, SC11, ISC’12, SC12, ISC’13, and SC13 supercomputing conferences. The HPC Innovation Excellence Award recognizes noteworthy achievements by users of high performance Read more…
LEIPZIG, Germany, June 24 – Building on its leadership in the high performance computing (HPC) market, DataDirect Networks (DDN) today announced strong momentum and new customer adoption of DDN storage solutions among traditional and commercial HPC customers. This traction builds on recent DDN news and its continued investment in HPC with new innovations in cloud storage, cache-centric appliances Read more…
SANTA CLARA, Calif., June 6 – Arista Networks, Inc. announced the pricing of its initial public offering of 5,250,000 shares of its common stock at a price to the public of $43.00 per share. In addition, Arista has granted the underwriters a 30-day option to purchase up to 787,500 additional shares of common stock at the initial Read more…
June 5 — The Numerical Algorithms Group (NAG) Ltd and Red Oak Consulting LLP have announced a strategic partnership to deliver comprehensive results-focused HPC consulting and professional services to commercial and public sector clients across a range of global markets. Today’s announcement formalizes and substantially extends the longstanding collaborations between NAG and Red Oak Consulting, Read more…