Harnessing Power

- WatersTechnology Staff
- 01 Dec 2001

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

By
Renee Wijnen

Linking PC’s for massive risk and pricing calculations has become more than an experiment.

One year ago, generating risk reports and pricing models for First Union Securities fixed income and derivatives trading application was a time-intensive process that required dedicated servers.

Starting in early 2001, the firm’s corporate and investment banking division decided to change the way it processed the volumes of complex computations those reports required.

"We wanted to get out of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@waterstechnology.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@waterstechnology.com