Posted on May 22nd, 2008
QuIC Financial Technologies is boosting performance metrics for the company’s Integrated Market and Credit Risk solutions as a result of incorporating new technologies from Intel and DataSynapse.
By running the Quad-Core 5400 series processors on GridServer software from DataSynapse, QuIC’s Unified Market and Credit Risk Solution has achieved extremely fast calculation time. The portfolio benchmark which included Credit Derivatives, Interest Rate Derivatives, Equity Derivatives and FX Options was calculated within 40 minutes. In addition, performance metrics based on accuracy, reliability and interoperability were improved, resulting in more flexibility and lower costs for risk managers.
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Posted on November 29th, 2007
Aspeed Software is the first of Intel’s financial markets software partners to publish performance figures leveraging the Xeon 5400 chip. Benchmarking a single-threaded options pricing application, Aspeed reports that a 5400-based system delivers a 2.2-fold run time reduction while consuming just 13 percent more power, when compared to a Xeon 5100-based system.
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Posted on November 12th, 2007
The revolutionary Xeon 5400 chip - the first based on its Penryn technology - was announced yesterday to power servers that will deliver significant performance and power consumption benefits across a wide range of low latency financial applications, including risk analytics, market datafeed handling and transactional execution systems.
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Posted on October 17th, 2007
In the financial services industry, automated trading is a race. For these financial services firms, one of the keys to maximising portfolio performance is reducing data latency. However with the volume of market data expected to continue to double each year, the latency through many installed market data systems is growing.
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Posted on June 11th, 2007
Organizations in the financial markets today are faced with a number of internal, regulatory, and competitive pressures. Internally there are calls for improved collaboration and alignment between IT, operations, and business departments. IT executives are being tasked with reducing complexity, lowering costs, operating more efficiently, and being more responsive to business requirements.
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Posted on June 11th, 2007
Thomson Financial is a leader in providing global financial service companies with sophisticated information solutions that combine real-time market data and integrated workflow. Thomson Financial customers can make – or lose – millions of dollars in milliseconds, so they demand the ultimate in performance and reliability.
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Posted on June 11th, 2007
City IT budgets are set for another year of growth in 2007, albeit at a slower pace than the double-digit hikes seen in 2006, according to a survey conducted by Finextra Research.
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Filed under: Core Banking, Risk, Technology, Trading, White Papers | No Comments »
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