Hardware & Grid

Outsourced Grids Coming

LONDON-As compute processing becomes a commodity, investment banks are facing the economic pressure to outsource or incorporate third-party compute power within their compute grids. However, many firms are still tackling the security and data privacy…

Virtualization Set to Grow

LONDON-Investment banks facing the challenges of maintaining physical servers in crowded datacenters have stopped experimenting with server virtualization and have made it a key component of their grid computing strategy, say industry insiders.

Platform to Update Symphony

NEW YORK-The latest version of grid computing platform Symphony from Platform Computing will be available in pre-release form this week, DWT has learned.

Intel Debuts Penryn Family of Processors

NEW YORK-To help investment banks improve processing performance while maintaining the same level of electrical consumption, Intel is releasing its Xeon Processor 5400 series, dubbed Penryn, with 45 nanometer technology, today, Nov. 12, vendor officials…

Société Générale Takes Risk to Grid

PARIS-The Corporate and Investment Banking (CIB) division of French banking giant Société Générale (SocGen) has moved its credit risk calculations onto the bank's grid computing environment powered by Platform Computing's Symphony solution, vendor…

AMD Debuts Quad-Core Offering

NEW YORK—Processor maker Advanced Micro Devices (AMD) is launching an industry-wide rollout of the quad-core version of its Opteron processor, dubbed Barcelona, today, Sept. 10, vendor officials tell DWT .

GigaSpaces Releases Middleware Platform

LONDON—Grid computing vendor GigaSpaces Technologies announced the version 6.0 release of its Space-based architecture platform under its new name, eXtreme Application Platform (XAP), during its first European user conference last week.