![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, May 09, 2008 4:20:21 PM
Microsoft Showcases Modeling and Trading Platform of the Future
Linking Excel Services with Windows Compute Cluster Server 2003, Microsoft demonstrates how to turn Excel into a strategic trading platform built on high-performance computing.
Related Links
Feature Stories:
•
Microsoft Showcases Excel Services and Windows Compute Cluster Server 2003 at Securities Industry Conference – June 20, 2006
Microsoft Resources:
•
Microsoft Financial Services Web site
NEW YORK — June 20, 2006 — At the largest single IT event targeting the securities industry, Microsoft Corp. today demonstrated what may soon become the standard modeling and trading platform of the future: Microsoft® Office Excel® and Microsoft Office SharePoint® Server built upon a Windows® Compute Cluster Server 2003 high-performance computing cluster.
The solution, which is being demonstrated on an HP Cluster Platform 4000 at the HP and Microsoft Break Room at this week’s SIA Technology Management Conference & Exhibit in New York, utilizes the ubiquity of Microsoft Office Excel spreadsheets in today’s financial services firms as a front-end interface, combined with the scalability and availability of Windows Compute Cluster Server 2003 software as a back-end analytic engine.
“Securities firms have long been concerned about spreadsheet creep, particularly in today’s compliance-oriented environment,” said Louise Westerlind, analyst in the securities and investments group at Celent LLC. “Microsoft and its industry partners are in a prime position to solve this problem by combining an Excel front end with a high-performance-computing back end to help brokers unleash the full power of algorithmic trading.”
Time to poop or get off the pot, IMO
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM