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Cluster Wars: Scaling-Up Derivatives

Source: Microsoft
Date: August 2008
Type: Research/Analyst Report
Rating: (0)

Overview: Structured products, credit derivatives and the need for intra-day risk management are driving many investment banks, hedge funds and fund managers to look towards parallelized, distributed computing as the fastest and most cost-effective method of performing Monte Carlo simulations, portfolio optimization and the re-pricing of computationally-intense derivative products. This article looks at some of the technology involved in High Performance Computing, the main players in the market and how things may develop now that Microsoft is making a play in this area.


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