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Hardware Accelerators Are One Way to Help Wall Street!

September 25th, 2008 · No Comments




Source: HPCWire
“Can hardware acceleration save Wall Street? Well, not as quickly as a multibillion-dollar bailout might, but there was plenty of discussion at this week’s HPC on Wall Street conference about the advantages specialized hardware can bring to market analysts and traders. Sellers of these products were all over the place, their booths were busy, and several sessions on the subject were standing-room only.

The idea of separate appliances to speed up data processing has started catching on in financial services, said Geno Valente, VP of sales and marketing at XtremeData, Inc. “A few years ago, people were like, ‘Who needs that?’” The expectation was that faster and faster CPUs would yield the processing and throughput speeds needed to respond to market changes. Plus, the FPGAs that are the brains of most accelerator boards were exotic to organizations outside the scientific community and required specialized parallel-programming skills to be used effectively.”

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