HPC in the Cloud: Taking The Grid Across The Entire Enterprise

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August 29, 2008

Taking The Grid Across The Entire Enterprise

Rebecca Sausner

A few years ago Citigroup's Capital Markets division faced a problem that most large trading enterprises were also confronting: an ever-increasing need for processing power to handle the risk management, market analysis and pricing applications that make the capital markets division tick, but limited space and budget to expand their data centers. The rub was that except at times of peak demand, processor utilization hovered around 30 percent, says John van Uden, director of infrastructure and FICC Shared Services Technology at Citigroup. Now, four years into its implementation of a massive grid computing project, Citigroup has grown its grid far outside the traditional batch processing function into a fully developed shared services model.

Full story at U.S. Banker

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