User Firms Get on the Grid
TTW 2002 REVIEW
9.
Financial services firms facing a down economy and severe cuts in staff and resources quickly got the message this year about grid computing.One of the most visible embraces of grid computing was JP Morgan Chase’s relationship with Platform Computing, a story that TTW broke (TTW, Sept. 2). JPMC and Platform’s initiative takes aim at the CPU cycles at securities firms that have become "very silo-ed," say Platform officials.
Many large securities firms have little armies of dedicated servers for
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