HPC + AI Wall Street Spotlights Cryptocurrencies, Infrastructure, More

By Editorial Staff

September 8, 2020

High performance computing has long been a driver of competitive advantage in banking and finance. Some of the first supercomputers deployed by industry were used to deliver fast analysis and decisive trading execution. Recently AI has entered the fray with equally high expectations. This month, the annual HPC on Wall Street conference, now expanded to HPC + AI on Wall Street, turns 20 years old and will again dig into technology innovation and deployment in the fast-moving world of ‘Wall Street’.

Now co-owned and produced by Tabor Communications and BluSky Consulting, this year’s HPC + AI on Wall Street will be a virtual conference, held September 15.

It’s worth noting that while the brutal pressure on financial industry execs to perform or suffer the consequences is widely-known, it’s less well appreciated that pressure on IT personnel within the financial industry is also intense. Tom Tabor, industry observer and CEO of Tabor Communications, captures the pressure succinctly:

“Most of the IT guys are under SLA (service level agreements) within their organizations. If the data does not move within sub 100 milliseconds, they’re fired or their bonus could be disrupted. So when they’re looking at high performance systems, it’s very personal because they are on the same SLAs as the vendors and consultants to deliver these solutions.”

Jem Pagán, long-time chair for the conference and CEO of BluSky, adds:

“When we talk about high performance, what we’re really talking about is risk mitigation against latency, workload execution and performance in the market. Because these market executions happen in sub-milliseconds, it’s critical to be in a first-mover position to take advantage of revenue opportunities, whether it’s an investment, or it’s a trade, or it’s a risk analysis, or running a lot of algorithms to try to figure out from a prescriptive analytics perspective, who’s going to do what in the market and how can they best position themselves to take advantage of it.”

There’s not a lot of room for error.

This year’s 2020 HPC + AI on Wall Street agenda tackles four themes – analytics and data; crypto innovation in a highly-regulated environment; security and risk; and infrastructure development. There are two tracks, one for leadership focusing on issues and strategies, and another for developers focusing on best practices.

There are two timely keynotes. One explores emerging digital asset classes and the other examines the evolution of open banking towards open financial services.

Morning Keynote: Leaning Into Digital Assets Guided by the Voice of the Consumer

In her talk, Sunayna Tuteja, head of digital assets and blockchain at TD Ameritrade, will look at trends, challenges, and opportunities within emerging digital assets with a focus on distributed ledger technologies. It’s an area that is ripe with potential as what may seem like a novelty today can rapidly become a necessity tomorrow.

“The topic of digital assets is mired in a lot of confusion and complexity,” says Tuteja, with Wall Street displaying its usual cautious and contrarian perspective about blockchain, the technology, and bitcoin, the asset class. “I’m hoping that sharing aspects of our journey [in those areas] will show why it’s imperative for incumbents like us to lean into this technology and asset class.”

She notes this year has been especially challenging, “2020 has stress-tested institutions and individuals on so many levels. It’s not always survival of the fittest but it’s survival of the most adaptable.” Whether you are crypto-savvy, crypto-curious, or crypto-skeptical, Tuteja says she hopes to provide concrete insight to help attendees chart their own crypto courses.

Afternoon Keynote: It’s Not About Open Banking, it’s About Open Finance

In the afternoon keynote, Ritesh Jain, former COO, Global Head of Digital Technology Foundation, HSBC, tackles another timely topic. Open banking, he says, has broken up the silos around one of banking’s main functions – payments. Now, he argues, open financing is the next stage of open banking’s development and will open doors to new FinTech, new business models, and personalized, cheaper and faster services to customers.

Broadly, open banking started with Payment Service Directive 2 (PSD2) in Europe. Jain says, “Open banking has proven the model that open finance regulatory bodies needed to navigate through risks of data abuse, security standards, use of ethical AI to name a few.” Now it’s time to take the next steps with open finance, he contends.

In terms of enabling technology, he cites API, cloud, and AI as key players. Jain’s talk will cover – what is open banking, the global landscape and business models; why open finance is a natural next step form open banking; and threats and opportunities in open finance.

Also speaking are Addison Snell (Founder and CEO, Intersect360 Research), Chris Brummer (Co-Founder, Fintech Beat), Charles Fan (Co-Founder and CEO, MemVerge), Nick Curcuru (Data Scientist, Advanced Analytics Partners), Shimon Ben-David (Field CTO, WekaIO), Shahin Khan (Founding Partner and Analyst, OrionX), Kristin Boggiano (Co-Founder and President, CrossTower) and Kurt Kuckein (Vice President of Marketing, DDN).

Here’s a snapshot of the HPC + AI on Wall Street agenda:

9-10 am Registration

10:00 am Opening Remarks

10:10 am Morning Keynote, Leaning Into Digital Assets Guided by the Voice of the Consumer

11:00 am Fintech Beat Weekly Podcast Broadcast LIVE from HPC + AI Wall Street

11:45 am Session 1, Infrastructure Development

12:30 pm Lunch

1:40 pm Afternoon Keynote, It’s Not About Open Banking, it’s About Open Finance

2:00 pm Session 2, Data and Analytics

2:45 pm Networking Lounges / Virtual Exhibit Floor

3:15 pm Session 3, Crypto Innovation in a Highly-Regulated Environment

4:00 pm Virtual Cocktail Hour/Conference Party

5:00 pm Tech Meetup: Advanced Reconfigurable High Performance / AI Computing

Link to HPC +AI on Wall Street agenda: https://www.hpcaiwallstreet.com/conference/agenda/

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!

The Present and Future of AI: A Discussion with HPC Visionary Dr. Eng Lim Goh

November 27, 2020

As HPE’s chief technology officer for artificial intelligence, Dr. Eng Lim Goh devotes much of his time talking and consulting with enterprise customers about how AI can benefit their business operations and products. Read more…

By Todd R. Weiss

SC20 Panel – OK, You Hate Storage Tiering. What’s Next Then?

November 25, 2020

Tiering in HPC storage has a bad rep. No one likes it. It complicates things and slows I/O. At least one storage technology newcomer – VAST Data – advocates dumping the whole idea. One large-scale user, NERSC storage architect Glenn Lockwood sort of agrees. The challenge, of course, is that tiering... Read more…

By John Russell

Exscalate4CoV Runs 70 Billion-Molecule Coronavirus Simulation

November 25, 2020

The winds of the pandemic are changing – for better and for worse. Three viable vaccines now teeter on the brink of regulatory approval, which will pave the way for broad distribution by April or May. But until then, COVID-19 cases are skyrocketing across the U.S. and Europe... Read more…

By Oliver Peckham

Azure Scaled to Record 86,400 Cores for Molecular Dynamics

November 20, 2020

A new record for HPC scaling on the public cloud has been achieved on Microsoft Azure. Led by Dr. Jer-Ming Chia, the cloud provider partnered with the Beckman Institute for Advanced Science and Technology at the Universi Read more…

By Oliver Peckham

Gordon Bell Special Prize Goes to Massive SARS-CoV-2 Simulations

November 19, 2020

2020 has proven a harrowing year – but it has produced remarkable heroes. To that end, this year, the Association for Computing Machinery (ACM) introduced the Gordon Bell Special Prize for High Performance Computing-Ba Read more…

By Oliver Peckham

AWS Solution Channel

Introducing AWS ParallelCluster as an Intel Select Solution

High performance computing (HPC) system owners can spend weeks or months researching, procuring, and assembling components to build HPC clusters to run their workloads. Understanding and managing the complexities of compute, storage, networking, and software requirements can be confusing and time-consuming, slowing innovation and results. Read more…

Intel® HPC + AI Pavilion

Intel Keynote Address

Intel is the foundation of HPC – from the workstation to the cloud to the backbone of the Top500. At SC20, Intel’s Trish Damkroger, VP and GM of high performance computing, addresses the audience to show how Intel and its partners are building the future of HPC today, through hardware and software technologies that accelerate the broad deployment of advanced HPC systems. Read more…

Gordon Bell Prize Winner Breaks Ground in AI-Infused Ab Initio Simulation

November 19, 2020

The race to blend deep learning and first-principle simulation to speed up solutions and scale up problems tackled is one of the most exciting research areas in computational science today. This year’s ACM Gordon Bell Prize winner announced today at SC20 makes significant progress in that direction. Read more…

By John Russell

The Present and Future of AI: A Discussion with HPC Visionary Dr. Eng Lim Goh

November 27, 2020

As HPE’s chief technology officer for artificial intelligence, Dr. Eng Lim Goh devotes much of his time talking and consulting with enterprise customers about Read more…

By Todd R. Weiss

SC20 Panel – OK, You Hate Storage Tiering. What’s Next Then?

November 25, 2020

Tiering in HPC storage has a bad rep. No one likes it. It complicates things and slows I/O. At least one storage technology newcomer – VAST Data – advocates dumping the whole idea. One large-scale user, NERSC storage architect Glenn Lockwood sort of agrees. The challenge, of course, is that tiering... Read more…

By John Russell

Exscalate4CoV Runs 70 Billion-Molecule Coronavirus Simulation

November 25, 2020

The winds of the pandemic are changing – for better and for worse. Three viable vaccines now teeter on the brink of regulatory approval, which will pave the way for broad distribution by April or May. But until then, COVID-19 cases are skyrocketing across the U.S. and Europe... Read more…

By Oliver Peckham

Azure Scaled to Record 86,400 Cores for Molecular Dynamics

November 20, 2020

A new record for HPC scaling on the public cloud has been achieved on Microsoft Azure. Led by Dr. Jer-Ming Chia, the cloud provider partnered with the Beckman I Read more…

By Oliver Peckham

Gordon Bell Special Prize Goes to Massive SARS-CoV-2 Simulations

November 19, 2020

2020 has proven a harrowing year – but it has produced remarkable heroes. To that end, this year, the Association for Computing Machinery (ACM) introduced the Read more…

By Oliver Peckham

Gordon Bell Prize Winner Breaks Ground in AI-Infused Ab Initio Simulation

November 19, 2020

The race to blend deep learning and first-principle simulation to speed up solutions and scale up problems tackled is one of the most exciting research areas in computational science today. This year’s ACM Gordon Bell Prize winner announced today at SC20 makes significant progress in that direction. Read more…

By John Russell

SC20 Keynote: Climate, Exascale & the Ultimate Answer

November 19, 2020

SC20’s keynote was delivered by renowned meteorologist and climatologist Bjorn Stevens, a director at the Max Planck Institute for Meteorology since 2008 and a professor at the University of Hamburg. In his keynote, Stevens traced the history of climate science from its earliest days through... Read more…

By Oliver Peckham

EuroHPC Exec. Dir. Talks Procurement, EPI, and Europe’s Efforts to Control its HPC Destiny

November 19, 2020

While much of the HPC community’s attention is fixed on SC20’s flood of news and new product announcements, Anders Dam Jensen, the newly-minted executive di Read more…

By Steve Conway

Nvidia Said to Be Close on Arm Deal

August 3, 2020

GPU leader Nvidia Corp. is in talks to buy U.K. chip designer Arm from parent company Softbank, according to several reports over the weekend. If consummated Read more…

By George Leopold

Supercomputer-Powered Research Uncovers Signs of ‘Bradykinin Storm’ That May Explain COVID-19 Symptoms

July 28, 2020

Doctors and medical researchers have struggled to pinpoint – let alone explain – the deluge of symptoms induced by COVID-19 infections in patients, and what Read more…

By Oliver Peckham

Azure Scaled to Record 86,400 Cores for Molecular Dynamics

November 20, 2020

A new record for HPC scaling on the public cloud has been achieved on Microsoft Azure. Led by Dr. Jer-Ming Chia, the cloud provider partnered with the Beckman I Read more…

By Oliver Peckham

Google Hires Longtime Intel Exec Bill Magro to Lead HPC Strategy

September 18, 2020

In a sign of the times, another prominent HPCer has made a move to a hyperscaler. Longtime Intel executive Bill Magro joined Google as chief technologist for hi Read more…

By Tiffany Trader

HPE Keeps Cray Brand Promise, Reveals HPE Cray Supercomputing Line

August 4, 2020

The HPC community, ever-affectionate toward Cray and its eponymous founder, can breathe a (virtual) sigh of relief. The Cray brand will live on, encompassing th Read more…

By Tiffany Trader

10nm, 7nm, 5nm…. Should the Chip Nanometer Metric Be Replaced?

June 1, 2020

The biggest cool factor in server chips is the nanometer. AMD beating Intel to a CPU built on a 7nm process node* – with 5nm and 3nm on the way – has been i Read more…

By Doug Black

NICS Unleashes ‘Kraken’ Supercomputer

April 4, 2008

A Cray XT4 supercomputer, dubbed Kraken, is scheduled to come online in mid-summer at the National Institute for Computational Sciences (NICS). The soon-to-be petascale system, and the resulting NICS organization, are the result of an NSF Track II award of $65 million to the University of Tennessee and its partners to provide next-generation supercomputing for the nation's science community. Read more…

Is the Nvidia A100 GPU Performance Worth a Hardware Upgrade?

October 16, 2020

Over the last decade, accelerators have seen an increasing rate of adoption in high-performance computing (HPC) platforms, and in the June 2020 Top500 list, eig Read more…

By Hartwig Anzt, Ahmad Abdelfattah and Jack Dongarra

Leading Solution Providers

Contributors

Aurora’s Troubles Move Frontier into Pole Exascale Position

October 1, 2020

Intel’s 7nm node delay has raised questions about the status of the Aurora supercomputer that was scheduled to be stood up at Argonne National Laboratory next year. Aurora was in the running to be the United States’ first exascale supercomputer although it was on a contemporaneous timeline with... Read more…

By Tiffany Trader

European Commission Declares €8 Billion Investment in Supercomputing

September 18, 2020

Just under two years ago, the European Commission formalized the EuroHPC Joint Undertaking (JU): a concerted HPC effort (comprising 32 participating states at c Read more…

By Oliver Peckham

At Oak Ridge, ‘End of Life’ Sometimes Isn’t

October 31, 2020

Sometimes, the old dog actually does go live on a farm. HPC systems are often cursed with short lifespans, as they are continually supplanted by the latest and Read more…

By Oliver Peckham

Texas A&M Announces Flagship ‘Grace’ Supercomputer

November 9, 2020

Texas A&M University has announced its next flagship system: Grace. The new supercomputer, named for legendary programming pioneer Grace Hopper, is replacing the Ada system (itself named for mathematician Ada Lovelace) as the primary workhorse for Texas A&M’s High Performance Research Computing (HPRC). Read more…

By Oliver Peckham

Top500: Fugaku Keeps Crown, Nvidia’s Selene Climbs to #5

November 16, 2020

With the publication of the 56th Top500 list today from SC20's virtual proceedings, Japan's Fugaku supercomputer – now fully deployed – notches another win, Read more…

By Tiffany Trader

Nvidia and EuroHPC Team for Four Supercomputers, Including Massive ‘Leonardo’ System

October 15, 2020

The EuroHPC Joint Undertaking (JU) serves as Europe’s concerted supercomputing play, currently comprising 32 member states and billions of euros in funding. I Read more…

By Oliver Peckham

Microsoft Azure Adds A100 GPU Instances for ‘Supercomputer-Class AI’ in the Cloud

August 19, 2020

Microsoft Azure continues to infuse its cloud platform with HPC- and AI-directed technologies. Today the cloud services purveyor announced a new virtual machine Read more…

By Tiffany Trader

Nvidia-Arm Deal a Boon for RISC-V?

October 26, 2020

The $40 billion blockbuster acquisition deal that will bring chipmaker Arm into the Nvidia corporate family could provide a boost for the competing RISC-V architecture. As regulators in the U.S., China and the European Union begin scrutinizing the impact of the blockbuster deal on semiconductor industry competition and innovation, the deal has at the very least... Read more…

By George Leopold

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