‘High Performance on Wall Street’ in New York, Sept. 22

On September 22 in New York, the top names in high-performance computing will gather during High Performance on Wall Street. Execs from Microsoft, IBM, HP, Novell, Cisco, Red Hat, and others will discuss how HPC is helping Wall Street with SOA, virtualization, cloud computing and even real-time analytics and business models.

Tags: Wall Street, High Performance, Computing, HPC, Risk, Technologies, Sessions,


On September 22 in New York, the top names in high-performance computing will gather during High Performance on Wall Street. Execs from Microsoft, IBM, HP, Novell, Cisco, Red Hat, and others will discuss how HPC is helping Wall Street with SOA, virtualization, cloud computing and even real-time analytics and business models.

"The focus on HPC has moved from simply cutting the costs of hardware and increasing performance to now bring that speed to bear for the business - more data, faster data and even better visibility to cut risk," Russell Flagg, President of Flagg Management and producers of High Performance of Wall Street told IDN.

The one-day HPC on Wall Street will be held at New York's Roosevelt Hotel,
Full program and registration information is available here.

Inside High Performance of Wall Street
In the wake of credit crisis and a weaker economy many Wall Street firms are looking for ways to use more computing power to directly benefit their businesses, Flagg told IDN. High Performance on Wall Street looks at how leading financial firms are using HPC to power SOA, real-time data feeds, low-latency analytics and consoles to boost profits, cut risk and even test new business models.

Here are some notable sessions at High Performance on Wall Street 2008:

  • Microsoft will connect-the-dots between HPC and the current stress in financial markets. In his session, Bill Laing, Microsoft's Corporate VP for Microsoft's Windows Server and Solutions Division will discuss how financial firms are responding to stresses brought on by the mortgage crises and the weakening U.S. economy by "re-architecting HPCs… to enable a new class of parallel applications using SOA" for even better efficiency and visibility.

  • Execs from Intel and Oracle will discuss how financial customers are using HPC to precisely "trade to risk," not just trade for speed. Intel Partners' Worldwide Director of Financial Services, Nigel Woodward and an exec from Oracle Corp.'s Capital Markets unit will discuss HPC innovations for improving visibility and reducing risk with analytics, low latency algorithmics, and risk and scenario back testing.

  • Even HPC-enabled 'cloud computing' can be a weapon for financial firms fighting risk and lack of visibility. Duncan Johnston-Watt, CTO, Enigmatec Corp., a provider of policy-driven automation solutions to Wall Street, will explain why 'cloud computing' is not just a puffy vision of the future, but a real high-speed solution to detect and avoid risk. "The key to realizing the benefits of Cloud Computing is to implement robust service governance to ensure that it is utilized in a tractable, compliant way -- in other words, by enforcing the appropriate operational risk management policies," Johnston-Watt says of his session.

    High Performance on Wall Street also features these speakers and sessions:

  • IBM--Enterprise Class Accelerated Analytics for Wall Street

  • Cisco Systems and STAC--Technology Horizons: How Leading HPC Innovators Are Powering Tomorrow's Financial Markets

  • Hewlett-Packard, Wombat/NYSE Euronext, Novell, STAC and Voltaire--Gaining First Mover Advantage with a Low Latency Market Data Solution

  • Red Hat, Supermicro Computer, Tabor Communications, BLADE Network Technologies--Building The Perfect Financial Services Data Center

    High Performance on Wall Street will also feature more than 3 dozen top HPC vendors on hand, 29West, Aleri, Altera, Appro International, Arastra, A-Team Group, BLADE Network Technologies, Celoxica, Cisco, Corvil, Cray, Dell, Enigmatec, Evergrid, Exegy, Global Investment Technology, Hewlett-Packard, IBM, Intel, Interactive Supercomputing, Kaazing Corp., Microsoft, Microway, Myricom, NetApp, Novell, Oracle, PrismTech Ltd., Progress Software, QLogic, RapidMind, Real-Time Innovations, Red Hat, Rogue Wave Software, ScaleOut Software, SeaNet Technologies, Securities Technology Analysis Center, ServerEngines, SiCortex, Solace Systems, Solid Access Technologies, SR Labs, Sun Microsystems, Super Micro Computer, Tervela, Texas Memory Systems, Trading Metrics, TS-Associates, Voltaire, and Wall Street Technology Association.





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