Wall Street runs Excel on Supercomputers

At the High Performance Computing on Wall Street Show, Microsoft and GigaSpaces announced that they have been integrating Excel 2007 with GigaSpaces’ in-memory data grid solution at individual customer sites and will productize a joint solution in 2008. This will help eliminate data latency in such scenarios as research analysts making research available to traders and spreadsheet-based risk management. Each Gigaspaces unit can handle data services such as validate, check/match and execute order at a pace of 1,000 transactions per second and according to Geva Perry, chief marketing officer, and the units are infinitely scalable – two units will process 2,000 transactions per second and so forth