'Free' PC Power

CASE STUDY

Technologists at JPMorgan devise a desktop grid solution for the derivatives group that reuses idle resources, can scale potentially in the thousands, and cuts costs.

It is all about lowering costs, not just more power," says Francis Verdier, chief business technologist for rates and commodities in the exotics and hybrid group at JPMorgan. Yet the constant product innovation and customized solutions that have made the investment bank one of the consistent leaders in global derivatives rely on a

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