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ASPEED's Ziegler Presents at High Performance on Wall Street; Details How Financial Institutions Can Successfully Enable Computationally Intense Applications for Grid and Cluster Environments.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- ASPEED Software's Kurt Kurt is a given name. Its principal English variant is Curt, while others include Cord, Curd, and Kort. It originated as a short form of Curtis, Konrad (Conrad), and Kunibert.  Ziegler will address innovation and success in grid- and cluster-enabled computing computing - computer  at Monday's premier gathering for financial executives seeking new ways to leverage technology to improve business performance.

Ziegler's session delivers real-world examples from leading financial institutions that have successfully grid- and cluster-enabled even the most complex, sensitive algorithmic-based trading models for mission-critical decisions including portfolio balancing, risk management decisions and hedging strategies. His presentation demonstrates how these companies have employed an application-centric approach that retains the underlying algorithmic language A programming language that allows complete sets of steps to be written. All major programming languages are algorithmic languages. See algorithm.

Algorithmic Language - Algol 60
 and logic of applications and eliminates the costly and risky rewrites usually required to migrate these mission-critical models, delivering faster response, higher predictability and increased efficiency.
WHO:   Kurt Ziegler, executive vice president of development, ASPEED
        Software
WHAT:  Using Grid Computing Environments to Support Algorithmic
        Trading on Wall St.
WHEN:  Mon., Sept. 26, 2005; 2:30 - 3:30 p.m.
WHERE: High Performance on Wall Street; Roosevelt Hotel, New York


About ASPEED Software

ASPEED Software Corporation is a privately held, venture-funded software company based in the heart of New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 with development centers in New York and London.

ASPEED's value proposition is to enable clients with computationally com·pu·ta·tion  
n.
1.
a. The act or process of computing.

b. A method of computing.

2. The result of computing.

3. The act of operating a computer.
 intensive applications to significantly reduce response time and reduce run times. Using ASPEED's ACCELLERANT software enables its users to quickly adapt their existing application to use less expensive and newer hardware technologies in multi-processor, cluster and grid configurations. ACCELLERANT's algorithm-aware API (Application Programming Interface) A language and message format used by an application program to communicate with the operating system or some other control program such as a database management system (DBMS) or communications protocol.  enables the distribution of applications thought by many as "undistributable," improving competitiveness, productivity and accuracy of the analysis and to participate in company cluster

and grid activity. For more information, please visit www.aspeed.com
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 23, 2005
Words:268
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