20 October 2017

QuIC starts running on Windows HPC server platform

18 May 2010  |  2776 views  |  0 Source: QuIC Financial Technologies

QuIC Financial Technologies, a market leader providing the world's financial organisations with risk management, pricing and analytic solutions, today announced that QuIC solutions now run on the Windows HPC Server platform.

Tasked with managing unprecedented volume and sophistication of risk data, today's risk managers are increasingly demanding real time risk management solutions to help identify and manage market risk and credit exposure scenarios to gain a competitive advantage. QuIC's solution for Windows HPC Server responds to this industry-wide challenge by offering higher calculation speeds, more meaningful metrics and valuable risk intelligence to make informed business decisions in real time.

"QuIC is pleased to build on our relationship with Microsoft and take advantage of its Windows HPC Server platform to help ensure our solutions can easily manage the large data volumes our clients need when executing complex calculations and simulations," stated Justin Forrest, Executive Vice President of Global Sales for QuIC. "The sheer speed of the QuIC EngineTM combined with the power of high performance computing from Microsoft delivers our clients extremely fast risk management solutions."

The Windows HPC Server platform will offer QuIC's clients significantly improved performance and computation speed. Results have shown financial calculations and simulations that took days or hours to perform have now been reduced to hours or minutes, while maintaining accuracy and reliability.

"Microsoft has been working closely with QuIC to help deliver solutions to the risk management marketplace powered by high performance computing," said Vince Mendillo, senior director, Microsoft High Performance Computing Group. "Companies like QuIC are helping customers use supercomputing power to turn risk data into insight."

Already recognised for its flexibility and platform neutral capabilities, QuIC can now be more easily deployed in many different operating and risk environments across a client's global operations. By ensuring simplicity in deployment, QuIC allows for easy integration with the Windows HPC Server platform, and is fully scalable, from a few to many nodes. This added flexibility and extensibility offers the benefit of reducing client costs by tying up fewer resources and requiring less capital investment for new and existing hardware.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.comvisit www.fivedegrees.nlvisit www.capgemini.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
16072 views comments | 12 tweets | 4 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8287 views comments | 13 tweets | 10 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
7872 views comments | 21 tweets | 26 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7296 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
6632 views comments | 10 tweets | 21 linkedin

Featured job

Find your next job