Category: Financial Services
Understanding deal and portfolio risk and capital requirements is a computationally expensive process that requires the execution of multiple financial forecasting models every day and in often in real time. This post describes how it works at RenaissanceRe, one of the world’s leading reinsurance companies.
The Financial Services industry makes significant use of high performance computing (HPC) but it tends to be in the form of loosely coupled, embarrassingly parallel workloads to support risk modelling. The infrastructure tends to scale out to meet ever increasing demand as the analyses look at more and finer grained data. At AWS we’ve helped many customers tackle scaling challenges are noticing some common themes. In this post we describe how HPC teams are thinking about how they deliver compute capacity today, and highlight how we see the solutions converging for the future.