GPUs Take Monte Carlo Options Pricing Real-Time
In finance, an option or derivative is a contract that gives a firm the right, under certain conditions, to buy or sell an underlying asset or instrument. Financial firms ...Full Article
SGI LiveArc Data Management Advances Cancer Research
Established in 2000, the University of Queensland's Institute for Molecular Bioscience (IMB) in Brisbane, Australia has become leading center for molecular bioscience research. The Queensland Centre for Medical Genomics ...Full Article
Azul Soups Up Java For Financial Trading
The financial services sector adopted Java as a programming language because being able to recode applications and algorithms constantly is a competitive advantage and Java is easier to program ...Full Article
GE Bets On Cloud To Transform Manufacturing
The central theme of the most recent AWS Summit was how different industries are transforming the way they do business with cloud computing. During the keynote address of Werner ...Full Article
Oil Explorer Strikes Black Gold With 20 PB Data Reservoir
The conventional wisdom at large enterprises that deal with truly enormous datasets is that they can't keep it all online. At some point, because of the high cost of ...Full Article
Financial Firms Ask Red Hat To Bring .NET To OpenShift Cloud
Red Hat is going to be bringing application runtime and database servers of Windows platforms to its OpenShift platform cloud, and some big financial services companies are, as it ...Full Article
IBM Puffs Up Platform Symphony, LSF On SoftLayer Cloud
IBM entered 2014 hitting the cloud drum hard. Taking a page from tech titans like Google, Microsoft, and Amazon Web Services, Big Blue wants to make it as simple ...Full Article
Dell Forges Custom G5 Racks For Hyperscale Shops
As funny as it sounds, the standard computing rack is a problem in the datacenter. The physical layout of datacenters is pegged to the dimensions, weight, power draw, and ...Full Article
Adaptive Computing Spans The DigitalGlobe
Given a choice between developing their own cluster and data management software or buying it off the shelf from third parties, most large enterprises would prefer to buy rather ...Full Article
High Frequency Traders Hedge Bets With IBM Power
Banks, hedge funds, high frequency traders, and other players in the capital markets have a need for speed. IBM thinks that its Power-based systems are better suited for running ...Full Article
