HPC solution allows mission critical
applications to run up to 10 times faster than alternative
environments
TORONTO, Canada, December 3, 2007 – Platform
Computing announced the next version of its financial services software
Platform Symphony 4. This solution drastically lowers the barrier to
adoption of High Performance Computing (HPC) in the Financial Services
Industry. Platform Symphony 4 is focused on delivering the software
capabilities to financial organizations to rapidly and easily achieve
application performance. In addition, Platform Symphony 4 is launching
an online community giving developers free access to the Symphony
Developer Edition with no restrictions and no time limits.
The Financial Services Industry uses HPC infrastructure software to
allow them to develop and run mission critical compute and data intense
applications across a grid. Platform Symphony 4 offers a powerful
solution to easily develop and deploy service-oriented HPC applications
that can run five to ten times faster than other solutions currently
available. This environment supports the demanding requirements of key
business processes such as intraday risk calculations, pre-trade
pricing and end-of-day value at risk calculations.
Platform Symphony 4 is highly scalable and can support many
applications across the front, middle and back office. It enables the
running of a single application on a small cluster, up to hundreds of
applications sharing tens of thousands of multi-core nodes.
Platform Symphony 4 also facilitates a utility service model which is
fundamental to the easy sharing of valuable IT compute resources within
an organization. These sharing environments achieve the highest
resource utilization possible and drastically reduce costs and energy
requirements in the data center while ensuring service levels. Platform
Symphony 4 reduces the complexity in managing a shared pool of
resources, enabling enterprise-class resource sharing and
availability.
"With Platform Symphony 4, Financial Services companies can build
grid-ready applications quicker and at a lower cost. This is extremely
important to the mission critical banking environment where the
improved management of risk will result in competitive advantage," said
Jingwen Wang, Vice President Products, Platform Computing. "Through our
product and community activities, Platform is committed to making it as
easy as possible for companies to build and deploy models for the
grid."
Platform Symphony 4 will be available in January 2008.
Register for the developer community today at:
my.platform.com/symphonyde and download the Developer Edition on
December 6th.
About Platform Computing
Platform Computing is a pioneer and the global leader in High
Performance Computing (HPC) infrastructure software. The company
delivers integrated software solutions that enable organizations to
improve time-to-results and reduce computing costs. Many of the world’s
largest companies rely on Platform for workload management and cluster
and grid management. Platform has over 2,200 global customers and
strategic relationships with Dell, HP, IBM, Intel, Microsoft, Red Hat
and SAS, along with the industry’s broadest support for HPC
applications. Building on 15 years of market leadership, Platform
continues to define the HPC market. Visit www.platform.com.
For more information:
North America
Ricochet Public Relations
Shalon Roth
(212) 679-3300 ext. 127
sroth@ricochetpr.com
Europe
Hotwire PR
Emily Birks
+44(0) 20 7608 4699
platform@hotwirepr.com
