French Bank Takes On GPU Computing

By Michael Feldman

May 6, 2009

This week’s launch of NVIDIA’s “Preconfigured GPU Clusters” program, which we covered on Monday, got me to thinking about how far and how fast GPUs have entered the HPC mainstream. To be sure, actual production deployments are not yet commonplace, at least not visibly so. And there’s the rub. Most commercial firms would rather keep their use of cutting-edge technology hidden from competitors. For GPU computing in areas like financial services and oil & gas exploration, this is especially true.

That’s why I was somewhat surprised when Paris-based BNP Paribas, a European banking and financial services company, granted me an audience with Stéphane Tyc, the head of Global Equities & Commodity Derivatives Quantitative Research in the firm’s Corporate and Investment Banking Division. In March the company announced it was using NVIDIA gear and CUDA to speed up some of its pricing models.

Besides being open to talking about the company’s adventures in GPU computing, I got a sense from Tyc that the financial services culture there was rather different from that in the US. For example, Tyc and his group are big advocates of open source and are encouraged to contribute to that effort. “When I have people on my team that want to contribute to free software — that’s great,” he told me. Keep in mind that we’re talking about a commercial organization that has to answer to investors and its financial customers. Although the analytics codes his team develops are all proprietary, they’re willing to devote company time to improving open source tools and libraries.

The analytics software they’ve developed is an advanced version of Black-Scholes used to price hundreds of thousands of equity derivatives. The whole package is around a million lines of source, but the code they ported to CUDA — a minimization procedure used to calibrate the parameters of Monte Carlo simulations — is only one or two percent of the total. According to Tyc though, that single procedure uses about 10 percent of the processor cycles.

Accurate derivative pricing requires a lot of floating point horsepower, so the FP capability of the hardware is directly proportional to how fast it can deliver useful results. Using just two of the four GPUs on an NVIDIA S1070 board, they were able to achieve a 15-fold performance increase and a 100-fold power improvement in performance per watt in this one procedure.

Tyc noted that part of the performance pickup was a result of modifying the algorithm to use single precision floating point. For x86 CPUs, single and double precision operations execute at essentially the same speed, which tends to make a lot of developers lazy about choosing an efficient implementation. But for GPUs, single precision is 5 to 10 times faster, hence the motivation to change the algorithm.

The advantage to all this code noodling is that they can actually do pricing re-fits during the day. With a CPU-only platform, they would set the job to run overnight and collect the data the next day — not an ideal situation for traders.

As of March, the CUDA-ized version of the pricing model hadn’t been deployed for live trading, but Tyc was impressed enough to start thinking about porting more codes and making use of additional GPUs. One challenge for them is that a lot their software is written in Ada. (Apparently in France, style and elegance still count for something, even in software.) If they had used C or Fortran, they could have turned to PGI or CAPS, which offer tools that can transform these high-level languages into GPU code. For the time being, Tyc’s team will probably continue to use the gold digger approach and manually convert the most computationally-intensive source into CUDA.

Longer term, they are looking at OpenCL as a way to get their GPU implementation onto a hardware-independent code base. Although the choices today for GPU computing are limited to NVIDIA and AMD(ATI), Intel is planning to launch its first GPU-like Larrabee chips within a year, and all three vendors are likely to offer OpenCL support. At that point platform independence could look much more attractive than it does today. As pleased as Tyc is about the early results from the NVIDIA solution, he said they would rather not be tied to a specific vendor and will certainly take a hard look at Larrabee when it shows up.

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!

TACC Helps ROSIE Bioscience Gateway Expand its Impact

April 26, 2017

Biomolecule structure prediction has long been challenging not least because the relevant software and workflows often require high-end HPC systems that many bioscience researchers lack easy access to. Read more…

By John Russell

Messina Update: The US Path to Exascale in 16 Slides

April 26, 2017

Paul Messina, director of the U.S. Exascale Computing Project, provided a wide-ranging review of ECP’s evolving plans last week at the HPC User Forum. Read more…

By John Russell

IBM, Nvidia, Stone Ridge Claim Gas & Oil Simulation Record

April 25, 2017

IBM, Nvidia, and Stone Ridge Technology today reported setting the performance record for a “billion cell” oil and gas reservoir simulation. Read more…

By John Russell

ASC17 Makes Splash at Wuxi Supercomputing Center

April 24, 2017

A record-breaking twenty student teams plus scores of company representatives, media professionals, staff and student volunteers transformed a formerly empty hall inside the Wuxi Supercomputing Center into a bustling hub of HPC activity, kicking off day one of 2017 Asia Student Supercomputer Challenge (ASC17). Read more…

By Tiffany Trader

HPE Extreme Performance Solutions

Remote Visualization Optimizing Life Sciences Operations and Care Delivery

As patients continually demand a better quality of care and increasingly complex workloads challenge healthcare organizations to innovate, investing in the right technologies is key to ensuring growth and success. Read more…

Groq This: New AI Chips to Give GPUs a Run for Deep Learning Money

April 24, 2017

CPUs and GPUs, move over. Thanks to recent revelations surrounding Google’s new Tensor Processing Unit (TPU), the computing world appears to be on the cusp of a new generation of chips designed specifically for deep learning workloads. Read more…

By Alex Woodie

Musk’s Latest Startup Eyes Brain-Computer Links

April 21, 2017

Elon Musk, the auto and space entrepreneur and severe critic of artificial intelligence, is forming a new venture that reportedly will seek to develop an interface between the human brain and computers. Read more…

By George Leopold

MIT Mathematician Spins Up 220,000-Core Google Compute Cluster

April 21, 2017

On Thursday, Google announced that MIT math professor and computational number theorist Andrew V. Sutherland had set a record for the largest Google Compute Engine (GCE) job. Sutherland ran the massive mathematics workload on 220,000 GCE cores using preemptible virtual machine instances. Read more…

By Tiffany Trader

NERSC Cori Shows the World How Many-Cores for the Masses Works

April 21, 2017

As its mission, the high performance computing center for the U.S. Department of Energy Office of Science, NERSC (the National Energy Research Supercomputer Center), supports a broad spectrum of forefront scientific research across diverse areas that includes climate, material science, chemistry, fusion energy, high-energy physics and many others. Read more…

By Rob Farber

Messina Update: The US Path to Exascale in 16 Slides

April 26, 2017

Paul Messina, director of the U.S. Exascale Computing Project, provided a wide-ranging review of ECP’s evolving plans last week at the HPC User Forum. Read more…

By John Russell

ASC17 Makes Splash at Wuxi Supercomputing Center

April 24, 2017

A record-breaking twenty student teams plus scores of company representatives, media professionals, staff and student volunteers transformed a formerly empty hall inside the Wuxi Supercomputing Center into a bustling hub of HPC activity, kicking off day one of 2017 Asia Student Supercomputer Challenge (ASC17). Read more…

By Tiffany Trader

Groq This: New AI Chips to Give GPUs a Run for Deep Learning Money

April 24, 2017

CPUs and GPUs, move over. Thanks to recent revelations surrounding Google’s new Tensor Processing Unit (TPU), the computing world appears to be on the cusp of a new generation of chips designed specifically for deep learning workloads. Read more…

By Alex Woodie

NERSC Cori Shows the World How Many-Cores for the Masses Works

April 21, 2017

As its mission, the high performance computing center for the U.S. Department of Energy Office of Science, NERSC (the National Energy Research Supercomputer Center), supports a broad spectrum of forefront scientific research across diverse areas that includes climate, material science, chemistry, fusion energy, high-energy physics and many others. Read more…

By Rob Farber

Hyperion (IDC) Paints a Bullish Picture of HPC Future

April 20, 2017

Hyperion Research – formerly IDC’s HPC group – yesterday painted a fascinating and complicated portrait of the HPC community’s health and prospects at the HPC User Forum held in Albuquerque, NM. HPC sales are up and growing ($22 billion, all HPC segments, 2016). Read more…

By John Russell

Knights Landing Processor with Omni-Path Makes Cloud Debut

April 18, 2017

HPC cloud specialist Rescale is partnering with Intel and HPC resource provider R Systems to offer first-ever cloud access to Xeon Phi "Knights Landing" processors. The infrastructure is based on the 68-core Intel Knights Landing processor with integrated Omni-Path fabric (the 7250F Xeon Phi). Read more…

By Tiffany Trader

CERN openlab Explores New CPU/FPGA Processing Solutions

April 14, 2017

Through a CERN openlab project known as the ‘High-Throughput Computing Collaboration,’ researchers are investigating the use of various Intel technologies in data filtering and data acquisition systems. Read more…

By Linda Barney

DOE Supercomputer Achieves Record 45-Qubit Quantum Simulation

April 13, 2017

In order to simulate larger and larger quantum systems and usher in an age of “quantum supremacy,” researchers are stretching the limits of today’s most advanced supercomputers. Read more…

By Tiffany Trader

Google Pulls Back the Covers on Its First Machine Learning Chip

April 6, 2017

This week Google released a report detailing the design and performance characteristics of the Tensor Processing Unit (TPU), its custom ASIC for the inference phase of neural networks (NN). Read more…

By Tiffany Trader

Quantum Bits: D-Wave and VW; Google Quantum Lab; IBM Expands Access

March 21, 2017

For a technology that’s usually characterized as far off and in a distant galaxy, quantum computing has been steadily picking up steam. Read more…

By John Russell

Trump Budget Targets NIH, DOE, and EPA; No Mention of NSF

March 16, 2017

President Trump’s proposed U.S. fiscal 2018 budget issued today sharply cuts science spending while bolstering military spending as he promised during the campaign. Read more…

By John Russell

HPC Compiler Company PathScale Seeks Life Raft

March 23, 2017

HPCwire has learned that HPC compiler company PathScale has fallen on difficult times and is asking the community for help or actively seeking a buyer for its assets. Read more…

By Tiffany Trader

Nvidia Responds to Google TPU Benchmarking

April 10, 2017

Nvidia highlights strengths of its newest GPU silicon in response to Google's report on the performance and energy advantages of its custom tensor processor. Read more…

By Tiffany Trader

CPU-based Visualization Positions for Exascale Supercomputing

March 16, 2017

In this contributed perspective piece, Intel’s Jim Jeffers makes the case that CPU-based visualization is now widely adopted and as such is no longer a contrarian view, but is rather an exascale requirement. Read more…

By Jim Jeffers, Principal Engineer and Engineering Leader, Intel

For IBM/OpenPOWER: Success in 2017 = (Volume) Sales

January 11, 2017

To a large degree IBM and the OpenPOWER Foundation have done what they said they would – assembling a substantial and growing ecosystem and bringing Power-based products to market, all in about three years. Read more…

By John Russell

TSUBAME3.0 Points to Future HPE Pascal-NVLink-OPA Server

February 17, 2017

Since our initial coverage of the TSUBAME3.0 supercomputer yesterday, more details have come to light on this innovative project. Of particular interest is a new board design for NVLink-equipped Pascal P100 GPUs that will create another entrant to the space currently occupied by Nvidia's DGX-1 system, IBM's "Minsky" platform and the Supermicro SuperServer (1028GQ-TXR). Read more…

By Tiffany Trader

Leading Solution Providers

Tokyo Tech’s TSUBAME3.0 Will Be First HPE-SGI Super

February 16, 2017

In a press event Friday afternoon local time in Japan, Tokyo Institute of Technology (Tokyo Tech) announced its plans for the TSUBAME3.0 supercomputer, which will be Japan’s “fastest AI supercomputer,” Read more…

By Tiffany Trader

Is Liquid Cooling Ready to Go Mainstream?

February 13, 2017

Lost in the frenzy of SC16 was a substantial rise in the number of vendors showing server oriented liquid cooling technologies. Three decades ago liquid cooling was pretty much the exclusive realm of the Cray-2 and IBM mainframe class products. That’s changing. We are now seeing an emergence of x86 class server products with exotic plumbing technology ranging from Direct-to-Chip to servers and storage completely immersed in a dielectric fluid. Read more…

By Steve Campbell

IBM Wants to be “Red Hat” of Deep Learning

January 26, 2017

IBM today announced the addition of TensorFlow and Chainer deep learning frameworks to its PowerAI suite of deep learning tools, which already includes popular offerings such as Caffe, Theano, and Torch. Read more…

By John Russell

Facebook Open Sources Caffe2; Nvidia, Intel Rush to Optimize

April 18, 2017

From its F8 developer conference in San Jose, Calif., today, Facebook announced Caffe2, a new open-source, cross-platform framework for deep learning. Caffe2 is the successor to Caffe, the deep learning framework developed by Berkeley AI Research and community contributors. Read more…

By Tiffany Trader

BioTeam’s Berman Charts 2017 HPC Trends in Life Sciences

January 4, 2017

Twenty years ago high performance computing was nearly absent from life sciences. Today it’s used throughout life sciences and biomedical research. Genomics and the data deluge from modern lab instruments are the main drivers, but so is the longer-term desire to perform predictive simulation in support of Precision Medicine (PM). There’s even a specialized life sciences supercomputer, ‘Anton’ from D.E. Shaw Research, and the Pittsburgh Supercomputing Center is standing up its second Anton 2 and actively soliciting project proposals. There’s a lot going on. Read more…

By John Russell

HPC Startup Advances Auto-Parallelization’s Promise

January 23, 2017

The shift from single core to multicore hardware has made finding parallelism in codes more important than ever, but that hasn’t made the task of parallel programming any easier. Read more…

By Tiffany Trader

HPC Technique Propels Deep Learning at Scale

February 21, 2017

Researchers from Baidu’s Silicon Valley AI Lab (SVAIL) have adapted a well-known HPC communication technique to boost the speed and scale of their neural network training and now they are sharing their implementation with the larger deep learning community. Read more…

By Tiffany Trader

IDG to Be Bought by Chinese Investors; IDC to Spin Out HPC Group

January 19, 2017

US-based publishing and investment firm International Data Group, Inc. (IDG) will be acquired by a pair of Chinese investors, China Oceanwide Holdings Group Co., Ltd. Read more…

By Tiffany Trader

  • arrow
  • Click Here for More Headlines
  • arrow
Share This