SANTA CLARA, Calif., May 07, 2024 — Today, AMD (NASDAQ: AMD) announced that Optiver – a market maker trading on 100+ exchanges – is using AMD chips for its new data center infrastructure. Using AMD EPYC processors, AMD Solarflare Ethernet adapters, AMD Virtex FPGAs and AMD Alveo adaptable accelerators, Optiver is addressing technical challenges in capital markets […]
HSBC and Quantinuum Explore Quantum Computing in Financial Services
CAMBRIDGE, UK and BROOMFIELD, CO, May 30, 2023 – Quantum computing company Quantinuum and London-headquartered bank and financial services group HSBC have announced exploratory projects looking at potential benefits of quantum computing for banking with specific projects in cybersecurity, fraud detection and natural language processing. Philip Intallura, Global Head of Quantum Technologies at HSBC said […]
Crédit Agricole Announces Quantum POC Results with Pasqal and Multiverse Computing
Paris, 26 January 2023 – Crédit Agricole CIB and European quantum companies Pasqal and Multiverse Computing have announced results on two quantum computing proofs of concept. These two experiments, initiated in June 2021 by Crédit Agricole, aimed to evaluate the contribution of an algorithmic approach inspired by quantum computing, and the potential of quantum computers, […]
Volta Data Centers in London to Operate Under Verne Global Brand
September 20, 2022 – LONDON – Verne Global, the Iceland-based sustainable data center provider for high intensity computing, has announced that Volta Data Centres, located in the City of London will begin marketing and operating under the Verne Global brand, delivering a data center platform spanning Iceland and the UK. Verne Global said its northern European […]
D-Wave, CaixaBank Group Collaborate on Quantum for Finance Industry
Valencia, Spain and Burnaby, BC, Canada – March 3, 2022 – CaixaBank, a financial group in Spain, and D-Wave Systems Inc., a quantum computing systems, software and services company, today announced the business results for two significant financial quantum hybrid computing applications for investment portfolio optimization and investment hedging calculation. The quantum hybrid applications have […]
HPC as a Service to Accelerate Transformational Growth
This whitepaper discusses how HPC delivered as a service through HPE GreenLake combines the power and compliance of on-premises systems, with cloud-like financial flexibility, ease of management, and consumption-based pricing. HPE managed services and support help accelerate HPC time to value. Without upheaval, customers get a smoother, faster path to better business through HPC.
Accern Upgrades No-Code, AI Platform with Features for Financial Services
New York, December 18, 2020 — Accern Corporation, a no-code, artificial intelligence (AI) company, today released an upgrade of its platform providing designed for easy navigation, accelerated performance and customizable features. Data science, product and technology teams can use Accern’s platform to accelerate the implementation of AI and machine learning (ML) into their workflows without […]
Reflections on Deep Learning, DNNs, and AI on Wall Street
In this special guest feature, Bob Fletcher from Verne Global reflects on the recent HPC and AI on Wall Street conference. “Almost every organization at the event talked about their use of machine learning and some indicated what would make them extend it into full-scale deep learning. The most important criteria were the appropriateness of the DNN training techniques.”
How Financial Services Can Fuel Innovation with GPU Computing
The financial services and insurance sector is one of the most data-intensive industries in modern business. Unfortunately, that abundance of information has hindered the extraction of business value from data. However, improvements in technology can take data-related challenges that had, until recently, been considered impossible to overcome. Download the new white paper from Penguin Computing that highlights how financial services and insurance firms can benefit from GPU computing and spur innovation and future technological developments.