The Future Is in the Cards
I've wondered over the last few weeks what is in store for the humble CPU as the use of low-latency trading continues to grow. At several industry events, I've heard that everyone is trying to push as much work off the CPU as possible in order to reduce latency.
Many financial technologists are talking about adopting one of the many field-programmable gate arrays (FPGA) from a number of vendors, or graphical processing units (GPUs) from Nvidia. The biggest challenge with these alternative processors is that they use obscure and proprietary programming languages, and finding the staff with the knowledge and talent to get the most out of these platforms is hard, and they are expensive to keep.
However, there are some interesting developments on the horizon. Processor maker Intel is exploring a way to deliver additional processors on separate cards to take some of the workload off the CPU. At the same time, Microsoft is in the midst of Project Kiwi, which aims to make reconfigurable computing platforms like FPGAs more accessible to mainstream programmers.
If these vendors successfully opened up these card-based processors to a wider base of programmers, I predict their adoption would shoot through the roof. But it will be at least 12 to 18 months before we see products from the vendors.
For a long time, the release cycles of these alternative computing platforms seemed 180 degrees out of sync with the mainstream processors. When users had pushed their existing CPUs to the limit, many would turn to cards and appliances to get an added performance boost until the next generation of CPUs hit the market. With the major processors backing the new architecture, this release cycle could soon change.
Send me your thoughts on the topic at rob.daly@incisivemedia.com
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: https://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.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
The race to ‘financialize’ GPU compute set to ratchet up
The Waters Wrap: Anthony looks at two companies aiming to bring efficiency and transparency to the GPU compute market.
Model risk in the age of generative AI
Banks are racing to understand the risks posed by a new breed of multi-purpose bots.
How banks are utilizing new AI forms in their KYC process
Execs from JP Morgan, ING, and Standard Chartered explain how they are looking to use agentic AI to streamline KYC workflows.
TNS integrates Radianz, Exegy reduces latency, BondXN allies with BlackRock, and more
A recap of this week’s major tech and data news in the capital markets.
Re-engineering reconciliations: User-initiated AI cuts recs from days to minutes
Reconciliations have long been tied to batch scheduling. Prasanna Anandan explains how one bank broke down bottlenecks by embedding an AI-driven, user-initiated interface.
SFC lifts lid on new Hong Kong FIC trading platform
Regulator sheds light on venue that could rival Bloomberg, Tradeweb in CNH market
WatersTechnology latest edition
Check out our latest edition, plus more than 14 years of our best content.
24X National Exchange faces uphill battle in exemption fight
The Waters Wrap: 24X wants exemption from the requirement that the SIP be operational during overnight hours for its overnight session to proceed. Nyela explains why that’s asking a lot.