HPC in the Cloud: Financial Services

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Financial Services >> Features

Overcoming the Cloud Security Barrier for Financial Services

May 10, 2013 | The private industry least likely to adopt public cloud services for data storage are financial institutions. Holding the most sensitive and heavily-regulated of data types, personal financial information, banks and similar institutions are mostly moving towards private cloud services – and doing so at great cost.
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Pocket Sized Shots of Techila

Jun 26, 2012 | Cloud computing offers highly flexible and available compute capacity for a variety of applications. However, the act of provisioning those resources can be rather complicated, requiring a certain level of expertise and consequently reducing cloud adoption. In 2005, Techila was created to simplify the act of using the cloud, developing middleware to bridge applications to external compute resources.
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TIBCO Seeds Cloud with Silver Grid

Feb 07, 2012 | TIBCO is moving its grid computing software to the cloud, starting with its GridServer product. The company is leveraging the Amazon Web Services computing infrastructure to provide customers with an easier and less expensive way to access its sophisticated grid computing technology.
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Will Community Clouds Float on Wall Street?

Jun 03, 2011 | The technology division for the New York Stock Exchange's parent company has announced a community cloud for the financial services industry. The platform, set to come out of beta at the beginning of July could teach enterprises some valuable lessons about shared resources--for better or for worse.
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A Plateau of Productivity for Grids

May 23, 2011 | According to a recent report from Excelian, grid computing has finally "grown up" which provides a window for users in the financial services industry to consider (and reconsider) best practices for distributed computing and evaluate variations on old models.
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Financial Services >> Around the Web

Crossing Borders in the Cloud

Mar 28, 2013 | Cloud computing has made the exchange of information between financial companies and the European community complicated.
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NASDAQ OMX Builds Financial Cloud Platform with Amazon

Sep 25, 2012 | The NASDAQ OMX group and Amazon Web Services have partnered to develop a cloud platform for financial institutions.
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Predicting the Next Cloud Boom

Jul 24, 2012 | According to a new report from Saugatuck Technology, cloud-based business analytics is poised for huge growth over the next two years.
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Insurance Companies Negotiate New Risks

Aug 22, 2011 | Insurance and Technology | Risk-averse industries are still considering clouds but security and availability concerns persist for mission-critical applications.
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Financial Services >> This Just In

Compushare Partners with CUNA for Cloud Computing

Mar 14, 2013 | Compushare announced it has been selected as the exclusive strategic alliance provider by CUNA Strategic Services, Inc.
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B2B Gateway and Intacct Deliver Cloud-based EDI Solutions

Mar 07, 2013 | B2BGateway announced a strategic partnership with Intacct to deliver cloud-based EDI solutions to Intacct users.
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Numerix Introduces CrossAsset Server

Mar 05, 2013 | Numerix announced its latest innovation – Numerix CrossAsset Server.
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AMD Launches FirePro R5000 for Datacenters

Feb 25, 2013 | AMD announced the arrival of the AMD FirePro R5000 remote graphics card, a flexible, manageable solution designed and engineered to power remote 3D-graphics workflows and full computing experiences over IP networks.
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NASDAQ OMX NLX Selects Mellanox InfiniBand for Core Trading

Feb 14, 2013 | Mellanox Technologies announces that its industry and performance-leading InfiniBand solutions have been selected by NASDAQ OMX NLX ("NLX") to enable fast, reliable trading.
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Feature Articles

CERN, Google, and the Future of Global Science Initiatives

Large-scale, worldwide scientific initiatives rely on some cloud-based system to both coordinate efforts and manage computational efforts at peak times that cannot be contained within the combined in-house HPC resources. Last week at Google I/O, Brookhaven National Lab’s Sergey Panitkin discussed the role of the Google Compute Engine in providing computational support to ATLAS, a detector of high-energy particles at the Large Hadron Collider (LHC).
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Avoiding Scientific Computing Bottlenecks in the Cloud

Frank Ding, engineering analysis & technical computing manager at Simpson Strong-Tie, discussed the advantages of utilizing the cloud for occasional scientific computing, identified the obstacles to doing so, and proposed workarounds to some of those obstacles.
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Overcoming the Cloud Security Barrier for Financial Services

The private industry least likely to adopt public cloud services for data storage are financial institutions. Holding the most sensitive and heavily-regulated of data types, personal financial information, banks and similar institutions are mostly moving towards private cloud services – and doing so at great cost.
Read more...

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Short Takes

Running Computational Fluid Dynamics in the Cloud

May 16, 2013 | When it comes to cloud, long distances mean unacceptably high latencies. Researchers from the University of Bonn in Germany examined those latency issues of doing CFD modeling in the cloud by utilizing a common CFD and its utilization in HPC instance types including both CPU and GPU cores of Amazon EC2.
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In Support of Cloud-based Rendering

May 10, 2013 | Australian visual effects company, Animal Logic, is considering a move to the public cloud.
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Internet2 Awards Program Seeks Innovative Applications

May 10, 2013 | Program provides cash awards up to $10,000 for the best open-source end-user applications deployed on 100G network.
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HPC and the True Cost of Cloud

May 08, 2013 | For engineers looking to leverage high-performance computing, the accessibility of a cloud-based approach is a powerful draw, but there are costs that may not be readily apparent.
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Best Practices in Big Data Storage

05/10/2013 | Cleversafe, Cray, DDN, NetApp, & Panasas | From Wall Street to Hollywood, drug discovery to homeland security, companies and organizations of all sizes and stripes are coming face to face with the challenges – and opportunities – afforded by Big Data. Before anyone can utilize these extraordinary data repositories, however, they must first harness and manage their data stores, and do so utilizing technologies that underscore affordability, security, and scalability.

Exploring the Potential of Heterogeneous Computing

04/02/2012 | AMD | Developers today are just beginning to explore the potential of heterogeneous computing, but the potential for this new paradigm is huge. This brief article reviews how the technology might impact a range of application development areas, including client experiences and cloud-based data management. As platforms like OpenCL continue to evolve, the benefits of heterogeneous computing will become even more accessible. Use this quick article to jump-start your own thinking on heterogeneous computing.