Tag: hpws08 features
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.
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.
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.
Multicore processors promise improved computational efficiency, but achieving high efficiency execution on these processors is non-trivial. Moreover, in the financial industry, time is literally money, so high-productivity software development is just as important as efficient execution.
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.