Lehman Aims for 10,000-CPU Grid

FRONT PAGE: GRID COMPUTING

NEW YORK—Investment banking giant Lehman Brothers expects to consolidate its various computing grids into a single grid by mid-2007, eventually linking approximately 10,000 CPUs, a bank official tells DWT.

Currently, the bank is running computing grids for its interest rate derivatives and mortgages businesses, with another grid slated for corporate credit risk that should be in production soon, says Thanos Mitsolides, senior vice president for fixed-income technology and analytics at Lehman

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