The financial services industry has long required compute-intensive calculations for risk management, regulatory compliance, product development, pricing, trading, clearing and surveillance. However, the volume and timeliness of these calculations have increased. This is where cloud comes in.
FIs are now expanding their on-premises grid computing capabilities and taking advantage of the storage capabilities that the cloud offers, in addition to agile processing, lower costs and greater capacity.
This TIBCO report delves into the benefits of running grids at enterprise scale, processing simultaneous multiple workloads and reducing hardware footprints with the cloud.
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