NEWS
GPU's and its spread across verticals
By VARINDIA - 2019-07-17
Banking - 2008 financial crisis triggered enormous amount of procedural regulations and local/cross-border compliances in Banking domain. Resulting into tremendous demand on IT and HPC (High Performance Computing) resources in order to run some of the voluminous and complex operations on day to day basis - such as Monte Carlo Simulations (generative models), run by large investment banks & hedge funds to keep risk and uncertainty of the financial instruments under control; portfolio restructuring for assets management; re-design & enforcement of new trading strategies with real-time market based prediction; fraud analysis & detection etc. to name a few. For More...
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