Boosting Productivity and Reducing Costs in Petroleum E&P

SRT-Blog

For the month of April, I am fulfilling a long-time dream of living in Florence and learning the Italian language. I’ve been thinking about the vastly different world it was when my grandparents left Italy in the 1930s. I arrived comfortably by air in about seven hours, while it took weeks for them to cross the ocean on a ship. Vast technological advances allow me to communicate real-time with my family and my office essentially at will from almost anywhere in the world. However, a mere two generations back, it took months for letters to cross the Atlantic. There is great value in speed and in embracing the technology that enables it, as the benefits can be both disruptive and transformative to our life experience. In the field of ... [ Read More ]

I/O Accelerator Boosts MSC Nastran Simulations

MSC-Nastran-Simulations-V3

MSC Nastran is a widely used structural analysis applications, especially for large modal analysis (i.e., eigenvalue) simulations. It requires a high-capability I/O system for good throughput performance. However, good I/O performance on a cluster architecture can be a challenge, since clusters are often configured to maximize compute scalability and have relatively weak I/O capability per node. To address this challenge, Cray introduced the Cray® DataWarp™ I/O acceleration capability, offered in Cray® XC40™ supercomputers. The DataWarp applications I/O accelerator leverages features of the Cray Linux® environment, solid-state storage (SSD) and the Cray high-speed network to enable high-performance I/O at every node in the system without ... [ Read More ]

Credit Valuation Adjustment: Solve Computational Challenges and Reduce Grid TCO

Credit Valuation Adjustment Feature

Financial institutions have long used credit valuation adjustment (CVA) to monitor and manage counterparty credit risk, meet regulatory and reporting requirements, and even price and hedge CVA. In the post-2008 credit crisis world, however, this evaluation activity has steadily increased in demand and complexity, creating tough computational challenges for firms. Where once large banks used CVA on a monthly basis, they’re now performing these calculations at daily to real-time (sub-second) intervals. The active, continuous management demanded by counterparty credit risk (CCR) raises two computational problems in particular: latency sensitivity and vast scale. Alone, these two would challenge traditional scale-out grid infrastructures. ... [ Read More ]

[Infographic] Risk Management & HPC

FS-Blog

In the post-2008 credit crisis world, risk evaluation by financial institutions has steadily increased in demand and complexity. Where large banks once performed risk analysis on a monthly basis, they’re now performing these calculations at least daily, if not in near-real-time. Cray makes this possible with the embedded Aries network, which eliminates the performance and latency issues of more traditional “fat tree” approaches, as well as the DataWarp™ applications I/O accelerator which effectively removes data access bottlenecks. See the infographic below for a look at Cray’s approach compared to legacy approaches – and to understand the difference in value.   ... [ Read More ]

5 Predictions of Where Supercomputing is Heading in 2016

supercomputing blog icon

From new processor technologies to quantum computing, 2016 promises to be another exciting year for supercomputing. Here are five predictions as to how the industry will push ahead in 2016:    The year of progress in new processor technologies There are a number of exciting technologies we should see in 2016, and a leader will be Intel’s next-generation Xeon Phi coprocessor – a hybrid between an accelerator and general purpose processor. This new class of processors will have a large impact on the industry with its innovative design that combines a many-core architecture with general-purpose productivity. Cray, for example, will be delivering Intel Xeon Phi processors with some of our largest systems, including those going to Los ... [ Read More ]