Move Your High-performance Computing Environment to the Cloud with TIBCO and Microsoft
Blog: The Tibco Blog
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We’ve got a New Years’ resolution for you: Begin modernizing your grid applications. Running on Microsoft Azure, the TIBCO GridServer® solution provides performance, speed, and analytics benefits without the time, effort, and cost associated with maintenance, software upgrades, facility overhead, and personnel.
Key Benefits of TIBCO GridServer on Microsoft
TIBCO GridServer is a market-leading infrastructure platform for grid and elastic computing—and the backbone of businesses operating in the world’s most demanding markets. By combining Microsoft Azure and GridServer software, your organization can burst workloads to the cloud when the demand arises and reap the following benefits:
- Accelerated computation-intensive applications: GridServer on Microsoft enables mission-critical risk management, complex pricing, and other computation-intensive applications to quickly execute. With this pairing, computational-intensive applications are processed in minutes or seconds rather than hours.
- Elastic autoscaling, monitoring, and security: On Microsoft Azure, TIBCO GridServer infrastructure provides powerful, elastic grid computing and scalability. It can run millions of tasks using tens of millions of data points in parallel, allowing for better performance, quicker results, and more accurate analyses.
- Improves market risk management systems: GridServer infrastructure also provides the power and speed required for risk calculations and risk-related tasks. Potential use cases include asset pricing, high-frequency trading, trader limit management, and risk reporting.
TIBCO GridServer and Microsoft Azure in Action
One European financial institution with hundreds of software engineers uses GridServer infrastructure extensively when making risk and trading decisions. The engineering team deploys 200,000 virtual cores in multiple grids with many versions of Windows and Linux, providing massive compute power for real-time quantitative analysis and recommendations. Using TIBCO GridServer infrastructure on Microsoft Azure, the bank runs millions of calculations in half the time at 60 percent of the cost.
Using TIBCO GridServer infrastructure on Microsoft Azure, the bank runs millions of calculations in half the time at 60 percent of the cost.
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Register Now to Learn More
If modernizing your high-performance computing (HPC) environment on the cloud is in one of your 2021 resolutions, then joining TIBCO and Microsoft for an upcoming session on March 4th is a great way to start off the year. Technology experts will demonstrate how banks and insurance companies can quickly execute mission-critical services such as risk management, complex pricing, and other computation-intensive applications to decrease time-to-results and increase performance levels. Register now!
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