Tuesday, July 12, 2011
JP Morgan FPGA supercomputer offers risk analysis in near real-time
The investment bank worked with HPC solutions provider Maxeler Technologies to develop an application-led, HPC system based on Field-Programmable Gate Array (FPGA) technology that would allow it to run complex banking algorithms on its credit book faster.
Prior to the implementation, JP Morgan would take eight hours to do a complete risk run, and an hour to run a present value, on its entire book. If anything went wrong with the analysis, there was no time to re-run it.
Prior to the implementation, JP Morgan would take eight hours to do a complete risk run, and an hour to run a present value, on its entire book. If anything went wrong with the analysis, there was no time to re-run it.
THIS LINK posted by Joseph Bell : 8:00 AM
