Hardware & Grid

Virtualizing the Grid

Investment firms with any technology vision already have a grid in place and, if they want to stay ahead of the pack, they have more than one. The next step is making sure the grid is ready to operate at a moment's notice for the next major project. This…

3Tera Ups Operating Systems Support

ALISO VIEJO, CALIF.-Cloud computing technology provider 3Tera plans to roll out the general release version of its AppLogic grid operating system-designed to enable utility computing for running and scaling Web applications-tomorrow, Feb. 3, say…

Clearing the Way for Dynamic Grids

Dynamic computing grids are said to be the next frontier for investment firms looking to maximize compute power, but just how to construct them remains unclear. Sibling publication Waters assembled a distinguished panel at City#Grid 2008 to discuss the…

The Added Value of Greening IT

Farmers know if they look after their land, it will look after them. Financial technologists need to adopt a similar approach as they nurture their silicon crops. As soon as recession struck, however, too many lost interest in ‘green IT', with its…

Mining for Power-Saving Gold

This year IT needs to lean down. Effectiveness, efficiency and cost deferral will play a much larger role in decision-making as IT budgets flatten or shrink. For many IT shops, substantially increasing their energy efficiency is a matter of picking up…

Culture, Service Levels Challenge Grid Adoption

LONDON-Although grid computing has come a long way in terms of evolution, the financial industry still has some substantial barriers to overcome, especially for dynamic and utility computing, according to an industry observer.

UBS Cuts Hardware Spend, Moves to Virtualization

NEW YORK—Like many financial firms these days, Swiss banking giant UBS plans to decrease its hardware-related spending in the coming year, according to senior technologists at the bank. UBS has already seen an 80 percent decline in spending on desktops…

Enigmatec Spins Off Cloudsoft

EDINBURGH-Duncan Johnston-Watt, a founder and CTO of datacenter automation vendor Enigmatec, has launched a new startup that will focus on delivering enterprise-cloud services to the financial services industry.

GigaSpaces Updates XAP

NEW YORK-In an effort to bring access to high-performance application servers to a broader market, grid computing vendor GigaSpaces Technologies has released the latest version of its eXtreme Application Platform (XAP).

Microsoft Debuts HPC Server

NEW YORK-To help traders' and analysts' compute problems that have grown beyond the capability of desktop systems, Microsoft recently debuted its new high-performance computing (HPC) platform, Windows HPC Server 2008.

Appro to Upgrade Cluster Engine

MILPITAS, CALIF.-Enterprise server maker Appro will roll out the second version of its cluster management offering in the latter half of this year, vendor officials tell DWT.

HP Debuts Datacenter POD

NEW YORK-Joining the flock of its hardware and services competitors, Hewlett-Packard (HP) has released its datacenter-in-a-container product.

DKIB Bolsters IT Audits

NEW YORK-After a two-year project to standardize, harmonize and enforce architectural standards for the investment bank's IT infrastructure, Dresdner Kleinwort (DKIB) is on the verge of using its enterprise infrastructure audit platform, Tideway Systems'…

The Welch Way

With the klaxons sounding over the credit crunch, there's a quieter revolution happening in IT. Between the cost cutting and rising demand for faster and more exhaustive risk calculations, major financial firms are being pushed into deploying compute and…

XAP Set for Summer Upgrade

NEW YORK-In a planned August general release, grid computing vendor GigaSpaces Technologies will add support for dynamic languages, such as JavaScript and Groovy, to version 6.5 of its Extreme Application Platform (XAP), GigaSpaces officials tell DWT .

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