ASPEED Taking Financial Grids to the Next Level

By By Derrick Harris, Editor

May 29, 2006

In a move to gain traction in London's ever-important financial services sector, ASPEED Software has announced two partnerships in two weeks with organizations serving the United Kingdom's financial institutions. The first announced was with France-based NET2S, which describes itself as “an international consultancy specializing in capital markets technology.” The latter was with FIFTHWAVE Solutions, a firm that focuses on providing infrastructure solutions.

When I asked Kurt Ziegler, ASPEED's vice president of marketing and product management, “Why Europe, why now?”, he noted that “most financial institutions are … getting a lot of their Grid/multi-processing out of the UK now.” He added that although ASPEED has traction on Wall Street, and although Wall Street is still very important, a lot of the banking industry's technical efforts are either based in or have moved to London. And when it comes to Grid computing, it is in this plane of advanced users where ASPEED plays.

Said Ziegler: “It seems like the UK market is a little more mature vis a vis Grid, and they've come to a point where they're stuck. Meaning that they focused on the [applications] that were easily parallizable, and they've implemented that using DataSynapse or Platform — or whatever their choice was — and now they're having difficulty finding how to move the next one, which is the more complex application, where there are some data interdependencies and data sharing issues, and they weren't readily distributable.”

So, because the financial services industry, specifically in Europe, is (as we all know) the prominent vertical market in terms of Grid use, companies in this field are now running into what Ziegler calls “the next roadblock.” The first roadblock, which is an IT concern, was figuring out how to move to a Grid infrastructure in the first place — selecting a vendor, learning the technology, figuring out which applications are the low-hanging fruit, etc. The next roadblock, which Ziegler describes as an “application problem,” is figuring out how to make distributable across an enterprise grid the next level of applications, which are already parallelized within an individual box, without taking the time to rewrite (often times) hundreds of such applications.

As a result, “They're looking at what knobs they can turn to the application to take advantage of the grid,” Ziegler said. This is where ACCELLERANT, ASPEED's flagship solution comes in. I'll leave out the detailed product description (you can find out all about it at on the ASPEED Web site), but the gist of it is that ACCELLERANT is a software additive: It isn't relevant to the grid itself, Ziegler noted, just the application. ACCELLERANT allows applications run across multiple processors in one box, across separate boxes or across geographically dispersed systems.

It is this distinction that makes the partnerships with NET2S and FIFTHWAVE each unique in their own respects. NET2S, for example, is what Ziegler describes as an integration company, focusing on application content and a “vertical stack.” The company helps financial institutions using a top-down approach, managing their business applications all the way down to the actual infrastructure. This business model “fits very, very nicely” with ASPEED's own sales model, Ziegler said, where calls generally start with the lines of business (e.g., risk management, credit risk, pricing, etc.) that own specific applications.

FIFTHWAVE, on the other hand, takes a more horizontal approach to its services. The company, Ziegler said, is more of a virtualization company, whose emphasis is on providing underlying platforms that enable applications to run — a bottom-up approach. This allows ASPEED to cover all its bases because, as Ziegler pointed out, there are a lot of companies where the IT department is the entry-point, and FIFTHWAVE has “tremendous inroads” in this space.

However, despite the company's focus on financial services, ACCELLERANT has been successful in other areas, including the pharmaceutical sector, where Ziegler said it has helped in “dealing with algorithms that had not been presumed to be distributable.” It has been very helpful, in particular, with NONMEM models, which help to determine, among other things, certain populations that shouldn't take a particular drug (think of the caveats, or disclaimers, at the ends of prescription drug commercials). From a distributed computing aspect, the problem with NONMEM-based applications, Ziegler explained, is that they are concerned with non-linear regression, and are not easily separatable like a Monte Carlo simulation. That said, ASPEED has been successful in finding ways to cut lapse time in these models, he said, and the company currently has about 20 pharmaceutical companies in various stages of pilot models.

The company has also entered the energy risk market, Ziegler said, and is making inroads in the government sector, where users are trying to move applications from a shared-memory model to grid-like systems using commodity hardware.

Financial services, though, is where ASPEED has its roots and the market continues to be the company's flagship. Outside of the United Kingdom, where it just announced the two partnerships, Ziegler said the company has also gained some traction in Hong Kong and Singapore, although it is working on developing some service relationships there before “putting that flag up.” In the United States, the company has been quite successful, though. “We've had some major financial institutions in banking, as well as in the capital markets [and] hedge funds,” he said. Also, the ASPEED has a steady flow — about one per week — of pilot programs for financial services companies, something Ziegler calls “”nice problem to have.”

Subscribe to HPCwire's Weekly Update!

Be the most informed person in the room! Stay ahead of the tech trends with industy updates delivered to you every week!

Mira Supercomputer Enables Cancer Research Breakthrough

November 11, 2019

Dynamic partial-wave spectroscopic (PWS) microscopy allows researchers to observe intracellular structures as small as 20 nanometers – smaller than those visible by optical microscopes – in three dimensions at a mill Read more…

By Staff report

IBM Adds Support for Ion Trap Quantum Technology to Qiskit

November 11, 2019

After years of percolating in the shadow of quantum computing research based on superconducting semiconductors – think IBM, Rigetti, Google, and D-Wave (quantum annealing) – ion trap technology is edging into the QC Read more…

By John Russell

Tackling HPC’s Memory and I/O Bottlenecks with On-Node, Non-Volatile RAM

November 8, 2019

On-node, non-volatile memory (NVRAM) is a game-changing technology that can remove many I/O and memory bottlenecks and provide a key enabler for exascale. That’s the conclusion drawn by the scientists and researcher Read more…

By Jan Rowell

What’s New in HPC Research: Cosmic Magnetism, Cryptanalysis, Car Navigation & More

November 8, 2019

In this bimonthly feature, HPCwire highlights newly published research in the high-performance computing community and related domains. From parallel programming to exascale to quantum computing, the details are here. Read more…

By Oliver Peckham

Machine Learning Fuels a Booming HPC Market

November 7, 2019

Enterprise infrastructure investments for training machine learning models have grown more than 50 percent annually over the past two years, and are expected to shortly surpass $10 billion, according to a new market fore Read more…

By George Leopold

AWS Solution Channel

Making High Performance Computing Affordable and Accessible for Small and Medium Businesses with HPC on AWS

High performance computing (HPC) brings a powerful set of tools to a broad range of industries, helping to drive innovation and boost revenue in finance, genomics, oil and gas extraction, and other fields. Read more…

IBM Accelerated Insights

Atom by Atom, Supercomputers Shed Light on Alloys

November 7, 2019

Alloys are at the heart of human civilization, but developing alloys in the Information Age is much different than it was in the Bronze Age. Trial-by-error smelting has given way to the use of high-performance computing Read more…

By Oliver Peckham

IBM Adds Support for Ion Trap Quantum Technology to Qiskit

November 11, 2019

After years of percolating in the shadow of quantum computing research based on superconducting semiconductors – think IBM, Rigetti, Google, and D-Wave (quant Read more…

By John Russell

Tackling HPC’s Memory and I/O Bottlenecks with On-Node, Non-Volatile RAM

November 8, 2019

On-node, non-volatile memory (NVRAM) is a game-changing technology that can remove many I/O and memory bottlenecks and provide a key enabler for exascale. Th Read more…

By Jan Rowell

MLPerf Releases First Inference Benchmark Results; Nvidia Touts its Showing

November 6, 2019

MLPerf.org, the young AI-benchmarking consortium, today issued the first round of results for its inference test suite. Among organizations with submissions wer Read more…

By John Russell

Azure Cloud First with AMD Epyc Rome Processors

November 6, 2019

At Ignite 2019 this week, Microsoft's Azure cloud team and AMD announced an expansion of their partnership that began in 2017 when Azure debuted Epyc-backed ins Read more…

By Tiffany Trader

Nvidia Launches Credit Card-Sized 21 TOPS Jetson System for Edge Devices

November 6, 2019

Nvidia has launched a new addition to its Jetson product line: a credit card-sized (70x45mm) form factor delivering up to 21 trillion operations/second (TOPS) o Read more…

By Doug Black

In Memoriam: Steve Tuecke, Globus Co-founder

November 4, 2019

HPCwire is deeply saddened to report that Steve Tuecke, longtime scientist at Argonne National Lab and University of Chicago, has passed away at age 52. Tuecke Read more…

By Tiffany Trader

Spending Spree: Hyperscalers Bought $57B of IT in 2018, $10B+ by Google – But Is Cloud on Horizon?

October 31, 2019

Hyperscalers are the masters of the IT universe, gravitational centers of increasing pull in the emerging age of data-driven compute and AI.  In the high-stake Read more…

By Doug Black

Cray Debuts ClusterStor E1000 Finishing Remake of Portfolio for ‘Exascale Era’

October 30, 2019

Cray, now owned by HPE, today introduced the ClusterStor E1000 storage platform, which leverages Cray software and mixes hard disk drives (HDD) and flash memory Read more…

By John Russell

Supercomputer-Powered AI Tackles a Key Fusion Energy Challenge

August 7, 2019

Fusion energy is the Holy Grail of the energy world: low-radioactivity, low-waste, zero-carbon, high-output nuclear power that can run on hydrogen or lithium. T Read more…

By Oliver Peckham

Using AI to Solve One of the Most Prevailing Problems in CFD

October 17, 2019

How can artificial intelligence (AI) and high-performance computing (HPC) solve mesh generation, one of the most commonly referenced problems in computational engineering? A new study has set out to answer this question and create an industry-first AI-mesh application... Read more…

By James Sharpe

Cray Wins NNSA-Livermore ‘El Capitan’ Exascale Contract

August 13, 2019

Cray has won the bid to build the first exascale supercomputer for the National Nuclear Security Administration (NNSA) and Lawrence Livermore National Laborator Read more…

By Tiffany Trader

DARPA Looks to Propel Parallelism

September 4, 2019

As Moore’s law runs out of steam, new programming approaches are being pursued with the goal of greater hardware performance with less coding. The Defense Advanced Projects Research Agency is launching a new programming effort aimed at leveraging the benefits of massive distributed parallelism with less sweat. Read more…

By George Leopold

AMD Launches Epyc Rome, First 7nm CPU

August 8, 2019

From a gala event at the Palace of Fine Arts in San Francisco yesterday (Aug. 7), AMD launched its second-generation Epyc Rome x86 chips, based on its 7nm proce Read more…

By Tiffany Trader

D-Wave’s Path to 5000 Qubits; Google’s Quantum Supremacy Claim

September 24, 2019

On the heels of IBM’s quantum news last week come two more quantum items. D-Wave Systems today announced the name of its forthcoming 5000-qubit system, Advantage (yes the name choice isn’t serendipity), at its user conference being held this week in Newport, RI. Read more…

By John Russell

Ayar Labs to Demo Photonics Chiplet in FPGA Package at Hot Chips

August 19, 2019

Silicon startup Ayar Labs continues to gain momentum with its DARPA-backed optical chiplet technology that puts advanced electronics and optics on the same chip Read more…

By Tiffany Trader

Crystal Ball Gazing: IBM’s Vision for the Future of Computing

October 14, 2019

Dario Gil, IBM’s relatively new director of research, painted a intriguing portrait of the future of computing along with a rough idea of how IBM thinks we’ Read more…

By John Russell

Leading Solution Providers

ISC 2019 Virtual Booth Video Tour

CRAY
CRAY
DDN
DDN
DELL EMC
DELL EMC
GOOGLE
GOOGLE
ONE STOP SYSTEMS
ONE STOP SYSTEMS
PANASAS
PANASAS
VERNE GLOBAL
VERNE GLOBAL

Intel Confirms Retreat on Omni-Path

August 1, 2019

Intel Corp.’s plans to make a big splash in the network fabric market for linking HPC and other workloads has apparently belly-flopped. The chipmaker confirmed to us the outlines of an earlier report by the website CRN that it has jettisoned plans for a second-generation version of its Omni-Path interconnect... Read more…

By Staff report

Kubernetes, Containers and HPC

September 19, 2019

Software containers and Kubernetes are important tools for building, deploying, running and managing modern enterprise applications at scale and delivering enterprise software faster and more reliably to the end user — while using resources more efficiently and reducing costs. Read more…

By Daniel Gruber, Burak Yenier and Wolfgang Gentzsch, UberCloud

Dell Ramps Up HPC Testing of AMD Rome Processors

October 21, 2019

Dell Technologies is wading deeper into the AMD-based systems market with a growing evaluation program for the latest Epyc (Rome) microprocessors from AMD. In a Read more…

By John Russell

Intel Debuts Pohoiki Beach, Its 8M Neuron Neuromorphic Development System

July 17, 2019

Neuromorphic computing has received less fanfare of late than quantum computing whose mystery has captured public attention and which seems to have generated mo Read more…

By John Russell

Rise of NIH’s Biowulf Mirrors the Rise of Computational Biology

July 29, 2019

The story of NIH’s supercomputer Biowulf is fascinating, important, and in many ways representative of the transformation of life sciences and biomedical res Read more…

By John Russell

Xilinx vs. Intel: FPGA Market Leaders Launch Server Accelerator Cards

August 6, 2019

The two FPGA market leaders, Intel and Xilinx, both announced new accelerator cards this week designed to handle specialized, compute-intensive workloads and un Read more…

By Doug Black

With the Help of HPC, Astronomers Prepare to Deflect a Real Asteroid

September 26, 2019

For years, NASA has been running simulations of asteroid impacts to understand the risks (and likelihoods) of asteroids colliding with Earth. Now, NASA and the European Space Agency (ESA) are preparing for the next, crucial step in planetary defense against asteroid impacts: physically deflecting a real asteroid. Read more…

By Oliver Peckham

When Dense Matrix Representations Beat Sparse

September 9, 2019

In our world filled with unintended consequences, it turns out that saving memory space to help deal with GPU limitations, knowing it introduces performance pen Read more…

By James Reinders

  • arrow
  • Click Here for More Headlines
  • arrow
Do NOT follow this link or you will be banned from the site!
Share This