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Primeur weekly 2013-03-18

Exascale supercomputing

OFC/NFOEC features new research in low-power supercomputing, long-distance 400G data transmission, and simplified multicore fiber nanufacturing ...

Big Bang meets Big Data: South Africa joins ASTRON and IBM to build the foundation for a new era of computing ...

The Cloud

VMware outlines corporate strategy, innovations across software-defined data centre, hybrid Cloud and end-user computing ...

New Open Data Center Alliance White Paper highlights adoption of ODCA Cloud usage models ...

IBM helps Black Point Arts provide faster IT services through City Cloud ...

Desktop Grids

SubSetSum@Home project trying to solve NP-complete problem, known as Subset Sum ...

EuroFlash

451 Research Report: Will Energy Prices Power U.S. Datacentre Growth at Europe's Expense and Short-Circuit Energy Efficiency? ...

ClusterVision completes Top500 class HPC cluster at the University of Paderborn ...

New mathematical techniques allow simulations off-shore wind farms ...

Researchers wanted for The Big Data Challenge ...

PRACE's Open R&D HPC access for industry awarded in a European e-Infrastructure FP7 Project Success Story Competition ...

First Europe-China HPC Conference "Partnership for supercomputing applications in science and industry" ...

PRACE Scientific Conference 2013 to be hosted at ISC'13 in Leipzig ...

PRACE Spring School 2013 to address New and Emerging Technologies - Programming for Accelerators ...

PRACE Summer School 2013 to highlight Frameworks for Scientific Computing on Supercomputers ...

N8 HPC showcased to boost collaboration with industry ...

European Commission selects HP to prpvide mission-critical servers ...

Oracle's "Big Data Readiness Report" for Europe, Middle East and Russia now available ...

USFlash

Fujitsu and NAOJ Begin Operation of Supercomputer for ALMA ...

iVEC@Curtin creates one-stop-shop for IT services ...

DataDirect Networks delivers faster performance than Flash storage, improving trading algorithm development and risk management for financial services companies ...

IBM taps next generation leaders to fuel Watson innovations; USC students aim high in first-ever West Coast Case Competition ...

Quantum computing moves forward ...

Turing Award to the Weizmann Institute's Shafi Goldwasser ...

IBM Software helps Illinois Department of Human Services manage Big Data and transform operations ...

DataDirect Networks delivers faster performance than Flash storage, improving trading algorithm development and risk management for financial services companies

5 Mar 2013 Sunnyvale - Demonstrating the responsiveness and performance of DataDirect Network's (DDN) flagship Big Data storage platform, the SFA12K-40, DDN has achieved new record results for financial analytics response times and corresponding throughput as reported by the Securities Technology Analysis Center (STAC).

The fully audited STAC-M3 benchmark tests revealed that the SFA12K-40 - with a hybrid configuration of Flash and spinning disk technology - delivered performance more than eight times faster than the traditional storage average and, in some cases, almost twice the performance of Flash storage.

To gain a competitive edge, successful financial services companies rely on accelerated collection and analysis of trade data. With DDN systems, financial institutions can cost-effectively model massive data sets faster than disk- and Flash-based storage solutions, making it possible to respond to market dynamics more quickly for improved trading, risk management and compliance agility. Such benefits can drive increased profitability and lower risk for hedge funds, proprietary trading firms and other financial institutions.

The tests evaluated single- and multi-year historical tick data involving complex financial modelling, designed by trading firms on the STAC Benchmark Council to reflect real-world computing demands of financial markets. The benchmark application in all cases compared was Kx Systems kdb+, the leader in high-performance database and time series analysis. The DDN benchmark was run on IBM System x3850 M4 Express servers, with the latest Intel Xeon processors.

"Financial data analysts searching for insight among the thousands of incoming data sets need to be able to load, process and export data quickly. With a storage platform that can process larger and more numerous data sets at one time, analysts can implement real-time trading strategies and make informed decisions that add real business value. The STAC-M3 results validate what we already know - that DDN is a proven and powerful solution for today's data intensive financial work flows, including pre- and post-trade analytics and risk management", stated Jean-Luc Chatelain, executive vice president of Strategy and Technology, DDN.

"The speed at which a financial firm can process large amounts of data is increasingly critical to revenue. Storage speed - both latency and bandwidth - is often the bottleneck that determines how fast a firm can understand and respond to changing market conditions. The STAC-M3 Benchmark suite captures many elements of this challenge. We are pleased that DDN continues to improve its baseline STAC-M3 results and that it continues to disclose results for optional STAC-M3 tests that demonstrate how products scale with increasing data volumes and numbers of users", stated Peter Lankford, founder and director of STAC.

"The STAC benchmarks are invaluable for financial institutions in providing objective performance measurement. They are useful for comparing apples to apples, and finding the fastest and most efficient hardware and software configuration. DDN has been implementing very large storage systems across different verticals for many years; this set of benchmarks demonstrates that these systems, running on the latest IBM and Intel hardware, can deliver impressive performances for financial institutions", stated Simon Garland, Kx chief strategist.

Source: DataDirect Networks

Back to Table of contents

Primeur weekly 2013-03-18

Exascale supercomputing

OFC/NFOEC features new research in low-power supercomputing, long-distance 400G data transmission, and simplified multicore fiber nanufacturing ...

Big Bang meets Big Data: South Africa joins ASTRON and IBM to build the foundation for a new era of computing ...

The Cloud

VMware outlines corporate strategy, innovations across software-defined data centre, hybrid Cloud and end-user computing ...

New Open Data Center Alliance White Paper highlights adoption of ODCA Cloud usage models ...

IBM helps Black Point Arts provide faster IT services through City Cloud ...

Desktop Grids

SubSetSum@Home project trying to solve NP-complete problem, known as Subset Sum ...

EuroFlash

451 Research Report: Will Energy Prices Power U.S. Datacentre Growth at Europe's Expense and Short-Circuit Energy Efficiency? ...

ClusterVision completes Top500 class HPC cluster at the University of Paderborn ...

New mathematical techniques allow simulations off-shore wind farms ...

Researchers wanted for The Big Data Challenge ...

PRACE's Open R&D HPC access for industry awarded in a European e-Infrastructure FP7 Project Success Story Competition ...

First Europe-China HPC Conference "Partnership for supercomputing applications in science and industry" ...

PRACE Scientific Conference 2013 to be hosted at ISC'13 in Leipzig ...

PRACE Spring School 2013 to address New and Emerging Technologies - Programming for Accelerators ...

PRACE Summer School 2013 to highlight Frameworks for Scientific Computing on Supercomputers ...

N8 HPC showcased to boost collaboration with industry ...

European Commission selects HP to prpvide mission-critical servers ...

Oracle's "Big Data Readiness Report" for Europe, Middle East and Russia now available ...

USFlash

Fujitsu and NAOJ Begin Operation of Supercomputer for ALMA ...

iVEC@Curtin creates one-stop-shop for IT services ...

DataDirect Networks delivers faster performance than Flash storage, improving trading algorithm development and risk management for financial services companies ...

IBM taps next generation leaders to fuel Watson innovations; USC students aim high in first-ever West Coast Case Competition ...

Quantum computing moves forward ...

Turing Award to the Weizmann Institute's Shafi Goldwasser ...

IBM Software helps Illinois Department of Human Services manage Big Data and transform operations ...