Tune In: Red Hat, SAP and TABB Group discuss high performance computing, its growth in financial services, and its shrinking cost

While high performance computing (HPC) has seen continued growth in other industries, adoption has been relatively sluggish in the financial services sector. But increasingly complex regulatory mandates, guidelines and rules within the industry are driving the need for applications that require high bandwidth, enhanced networking, and very high compute capabilities and thus leading to greater adoption of HPC. Listen to our on-demand webcast to learn what financial services companies need to know to stay ahead, and how to implement a cost-effective solution that will pay long-term dividends.

HPC

At IDC’s Breakfast Briefing in July at ISC 2015, the market research firm shared that HPC in the financial sector has been growing faster than expected, particularly over the last two years. According to analyst Earl Joseph, IDC is restating its HPC market numbers for the last two years in the financial sector, and those numbers are up on the order of at least 50 percent.

With the need for HPC solutions more imminent, financial services companies are looking for a solution to deliver on the demands for higher performance at a lower cost. This on-demand webcast, featuring industry analysis TABB Group’s TabbFORUM site, will cover the current market influencers for financial services companies and how to implement an HPC solution in a cost-effective way that supports today’s need for technology convergence.

Presenters include Paul Rowady, director of data and analytics research at TABB Group; Mikael Sorboen, head of risk systems at BNP Paribas; Andy Hirst, vice president of banking solutions with SAP’s banking industry business unit; and our own Mark Coggin, senior director of product marketing at Red Hat.

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