1-5 October 2007
Europe Congress Center
Europe/Zurich timezone

Changing intentions - Opportunities for gLite in finance and related industries

1 Oct 2007, 17:25
Maastricht (Europe Congress Center)


Europe Congress Center

Budapest Hungary


Adam Vile (Excelian)


gLite has been exceedingly successful as an enabling infrastructure, and has been a massive success in bringing together scientific and technical communities to provide the compute to address previously incomputable problems. Not so in the finance industry. In its current form gLite would be a business disabler!! There are other middleware tools that solve the finance communities compute problems much better. Things have moved on, gLite had a purpose on first inception – to harness as much compute as possible - and there are moves afoot in the open source community to evolve the technology to address other, more sophisticated needs such as utility and interactive computing. Excelian is well placed as a provider of Grid consultancy services for the Finance community and through its relationship to the EGEE to identify and help exploit opportunities as the research and business worlds converge. Because of the strong third party presence in the finance industry, such opportunities are far and few between, but they are there, especially as we expand sideways into related verticals such as the smaller hedge funds and energy companies. This talk will give an overview of the barriers to adoption in the finance industry and highlight some of the opportunities offered in this and related industries as the ideas around Grid mature.

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