EPISODE · Jul 22, 2024 · 24 MIN
#677: High performance computing in FSI
from AWS Podcast · host Amazon Web Services
Join Simon as he discusses the use of high-performance computing (HPC) in the financial services industry, particularly for risk modeling and regulatory reporting. Alex Kimber, a principal technologist at AWS, explains how financial firms leverage HPC to run millions of scenarios to measure and manage risks like credit, market, and actuarial risks. The workloads are "embarrassingly parallel," allowing for massive scalability in the cloud. Kimber also discusses AWS services and architectures that enable these HPC workloads, including the HTC Grid, a blueprint for a simple, high-throughput scheduler on AWS.
What this episode covers
Join Simon as he discusses the use of high-performance computing (HPC) in the financial services industry, particularly for risk modeling and regulatory reporting. Alex Kimber, a principal technologist at AWS, explains how financial firms leverage HPC to run millions of scenarios to measure and manage risks like credit, market, and actuarial risks. The workloads are "embarrassingly parallel," allowing for massive scalability in the cloud. Kimber also discusses AWS services and architectures that enable these HPC workloads, including the HTC Grid, a blueprint for a simple, high-throughput scheduler on AWS.
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#677: High performance computing in FSI
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