Atlantic Portfolio Analytics & Management Inc. (APAM) has acquired a Cray Research Corp. EL98 supercomputer and is currently installing the machine at its offices in Orlando, Fla. The firm, which manages $3 billion in fixed-income securities and derivative instruments, has been using Cray supercomputers on a time-share basis for the past two years.
APAM appears to be the first buy-side organization to take the plunge on buying a supercomputer. Its purchase follows the recent acquisition by th
While at Sibos Toronto, James shares some interviews covering topics on blockchain, fintechs and cybersecurity.Subscribe to Weekly Wrap emails