CDO2 Unlocks The Power of Sun Grid for Faster Financial Risk
Simulation
Running CDO2 Pricing and Risk Simulation Software on Sun Grid
Compute Utility Cuts Transaction Time from Days to Under an Hour;
CDO2 Opens Sun Grid Demonstration in London
SANTA CLARA, Calif. -- August 24, 2005 -- Sun Microsystems, Inc.
(NASDAQ: SUNW), today announced that CDO2, a provider of innovative
pricing and risk technology for organizations trading structured
credit products, has
successfully completed a trial deployment of its financial
services software on the Sun Grid Compute Utility. Sun Grid
helps customers and partners derive immediate benefits from an
open, grid-based computing infrastructure on a utility basis by
giving them more choice and control over how they purchase and
leverage IT.
When powered by Sun Grid, the time required for complex financial
risk simulations using CDO2 technology is reduced from days to
under an hour, allowing CDO2 to reach an expanded set of customers
for whom such simulations were previously too time-intensive and
costly.
Microprocessor Design Sun also announced that CDO2 and Sun are developing a demo
center in Sun's UK-based Customer Briefing Center in Guillemont
Park, allowing potential customers to 'try' CDOSheet on the Sun
Grid using their own data. Extended trials can also be booked on
Sun Grid running in Scotland.
Sharing of Information Within the Wilmington Trust Corporate Family How We Share Information From time to time, such as for responding to client inquiries, for risk control purposes, or when we think it may help to meet your financial goals and objectives, we may share certain information with companies that are part of the Wilmington Trust corporate family. These companies all provide financial services, such as loans, leases, brokerage and insurance services. The information we share within our corporate family might come from any of the sources described previously under "What Information We Obtain."
Intel Motherboard "Since we have dramatically reduced time to market and costs by
using Sun Grid, we can now give our customers access to a level of
computing power they have never had before," said Gary Kendall,
director, CDO2. "Until recently, only large banks could take
advantage of advanced pricing models and
enterprise technology. Now, with
Sun Grid's ability to optimize for exactly the amount of
computing resources each customer needs on a utility basis,
we've eliminated these barriers."
The A+ Core Hardware exam tests your knowledge of the central role played by the system's microprocessor, which has become essential knowledge for the professional PC repairperson. There was a time when replacing the CPU was very complicated. However, today's motherboards feature sockets and slots into which several types and versions of microprocessors can be interchanged. You still have to watch out for compatibility issues, but it's not uncommon for customers to want you to upgrade their PC instead of replace it.
Gigabyte Mainboard "With Sun Grid, our partners can deliver applications faster to
their customers through the simplicity of the grid," said Stuart
Wells, executive vice president, utility computing, Sun
Microsystems. "CDO2's deployment reveals the opportunities created,
particularly for smaller ISVs, to reach broad audiences; and for
their smaller
business customers to tap the
computing resources and software previously available only to
larger institutions."
You need fairly long power supply cables especially for the CPU, Optical drives (top of case) and Motherboard power.
History Of Microprocessor CDO2 specializes in providing the latest pricing algorithms and
risk methodology for structured credit derivatives. Until recently,
these algorithms were only available in-house at large investment
banks. With the company's CDOSheet application, users are able to
price and risk manage structured credit products (CDO and CDO
squared tranches) from a spreadsheet. All trade and market data is
stored centrally so that it is easy for users to share information,
and calculations are performed across a grid of networked
computers.
Motherboard Issues There are a number of important things that differentiate motherboards in the desktop Windows marketplace, including bus speed, the type of CPU chip supported, in support for sound, FireWire, graphics and RAID controllers. in options directly on the motherboard, such as graphics and audio support. expensive systems more difficult to upgrade later. More expensive motherboards have faster bus speeds and support for larger amounts of RAM and peripherals via AGP video and PCI slots. For video editors, it's once again best not to skimp on the raw processing power and upgradability of a system, resolution work or 3D graphics production. Often you don't have a choice of a motherboard in a stock system, but you can be certain that eMachines use a cheaper motherboard than, say, Alienware does.
Ecs Motherboard The CDO2 proof of concept (POC) demonstrates the benefits and
scalability of running CDOSheet on Sun Grid. The POC ran CDOSheet
on a 128 node (256 CPU) Sun Grid using the Solaris 10 operating
system (OS). Written using Java 2 Standard Edition (J2SE) 5
software, CDOSheet also leverages the Java dynamic networking
capabilities of Jini network technology to accommodate the dynamic
addition and subtraction of computing resources. This enables the
application to scale dynamically, as needed to achieve the desired
levels of performance running on the Sun Grid. The system was
installed on the grid in less than one week and run remotely via
London from a data center in Scotland. To measure scalability, a
complex financial simulation of a CDO squared portfolio which would
normally require days to run on a single PC was initiated. With the
power of the Sun Grid, the simulation was completed in less than an
hour.
Get ready to blaze through your work, deliver ahead of schedule, and wow your clients with the new Power Mac G5 Quad. core processors, the Power Mac G5 Quad runs creative and scientific applications up to 69 percent faster than its fastest predecessor. performance peripherals to the Mac platform. And graphics assume a new level of realism with the latest PCI Express graphics cards. Try the new Power Mac G5 and find out how you can streamline your work, unlock opportunities, and deliver results that exceed your grandest expectations.
Mainboard Driver About Sun Grid
Computer Motherboard Sun Grid helps customers and partners to derive immediate
benefits from an open, grid-based computing infrastructure on a
utility basis by giving them more choice and control over how they
purchase and leverage IT. The Sun Grid offerings include the Sun
Grid compute utility, a $1 (USD) per CPU per hour pay-per-use
offering ($1/cpu-hr), and the Sun Grid storage utility, a $1 (USD)
per gigabyte per month offering ($1/GB-mo).
Asus Mainboard About CDO2
Microprocessor Programming CDO2 is a provider of innovative pricing and risk technology for
organizations trading structured credit products. The company was
founded on the belief that all financial organizations should have
access to the latest pricing models and enterprise technology,
irrespective of their size or trading volume. CDOSheet allows users
to harness the power of grid computing to price and risk manage CDO
and CDO squared tranches using simple spreadsheet functions. More
information on CDO2 and CDOSheet can be found at www.cdo2.com.
Socket Motherboard About Sun Microsystems, Inc.
Ecs Mainboard A singular vision -- "The Network Is The Computer" -- guides Sun
in the development of technologies that power the world's most
important markets. Sun's philosophy of sharing innovation and
building communities is at the forefront of the next wave of
computing: the Participation Age. Sun can be found in more than 100
countries and on the Web at http://sun.com.
[ Comment, Edit or Article Submission ]