Sooraj Shah writes that Investment bank JP Morgan has deployed a Maxeler dataflow supercomputer to manage the bank’s fixed income trading operations. Using FPGA technology, the system will be used for the analysis and profiling of intra-day trading risk.
With the new Maxeler technology, JP Morgan’s trading businesses can now compute orders of magnitude more quickly, making it possible to improve our understanding and control of the profile of our complex trading risk,” said head of markets strategies at JP Morgan, Peter Cherasia. Other parts of JP Morgan’s fixed income business will have access to a second supercomputer that has been ordered as part of the deal.
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