High Performance Computing White Paper
This survey was conducted to examine the Current usage and Future trends in how HPC is being used within financial services organisations.
Many topics were covered including current state environment; current state usage including usage/ support/cost models; challenges; and future state. Hardware, programming languages and cloud were also looked at.
Take a look below at the table of contents, or request a copy at the bottom of the page.
Sponsored by GFT.
Key areas covered include:
- Current state environment
- Areas using HPC
- Business processes HPC is used for
- Monte Carlo Simulation vs Closed Form
- Optimise models and reduce calculation time
- Full versus selective revaluation
- Operating systems grid management
- Operating systems being used to run HPC
- Languages being used to build grid applications
- Big data analytics and Non SQL
- Investment in Non SQL technologies
- Data lake strategy
- Big data visualisation tools
- Mixed use of HPC capacity
- Tools being used for AI/ML
- Current state usage/support/cost model
- HPC capacity – shared or ring fenced?
- HPC number of cores
- Dedicated or shared support for HPC
- Number of FTE’s supporting HPC
- HPC cost model
- Current state challenges
- Challenges that banks are experiencing with HPC growth
- Increase in HPC capacity
- What is causing the increase in HPC capacity
- HPC strategy affected by different regulations and approaches in different countries
- Regulatory and compliance issues
- Other HPC challenges
- Future State
- HPC road map
- Compute grid platforms strategy
- Innovation in HPC
- Increasing performance whilst reducing footprint
- Usage of container technology
- Type of hardware used
- GPU programming languages
- Options being used or considered for HPC and the specific technologies and vendors being used
- Cloud agnostic or specific
- Cloud vendors
- Cloud paradigm
- Cloud disconnected layer or connected directly to data centres
- Monitoring CI/CD
- Readiness of organisation for consuming cloud/hybrid cloud
- Organisational challenge of off-premise data
- Cyber security and Cloud
- External help needed