Intel explains how peer-to-peer computing is providing financial services firms with the ability to perform enormous computing tasks without the need for expensive supercomputers.
Distributed computing allows firms to pull together the processing power of a network of PCs - by drawing on the spare capacity of under-utilised machines - in order to perform large computations.
The paper details the results of an implementation of peer-to-peer software from Data Synapse at a large US retail bank. In this instance, the bank used a network of 100 PCs to crunch the numbers for complex derivatives calculations, completing a 44 minute compute-intensive task within 33 seconds.
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