Driven by the credit crisis, Wall Street firms are increasingly conducting real-time and intra-day risk analysis and are leveraging high-performance computing (HPC) resources to assist with these tasks, according to a survey released today by Microsoft Corp. at the Securities Industry and Financial Markets Association (SIFMA) 2008 Technology Management Conference & Exhibit.

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Cray Inc. (Nasdaq GM: CRAY) and Intel Corporation announced today they signed a multi-year agreement to advance high-performance computing (HPC) on Intel microprocessors while delivering broad new Intel and Cray technologies in future Cray server systems. The collaboration of these two industry leaders will result in HPC systems that will help solve some of the [...]

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