The Big One

NETWORKING

Big things are in the works at Lehman Brothers. The investment banking giant expects to consolidate its various computing grids into a single global grid by mid-2007, eventually linking as many as 10,000 CPUs.

Currently, the bank is running computing grids for its interest rate derivatives and mortgages businesses, with another grid slated for corporate credit risk in the near future, says Thanos Mitsolides, senior vice president for fixed-income technology and analytics at Lehman Brothers. Each

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