Parallel Is the New Black
Since the introduction of the microcomputer back in the 1970s, the central processing unit (CPU) has been the backbone of computing needs. However, even with the introduction of cloud computing, the humble CPU isn’t fast enough to meet the needs of today’s investment banks when it comes to pricing and risk calculations.
More and more, firms like JPMorgan are turning to technologies that offload some of the calculation workload from the CPU to speed up processing.
One of the most popular
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