February 06, 2006
ClearCube Technology announced a
partnership with DataSynapse to deliver a Grid-enabled PC Blade platform. This
hardware and software combination is the first of its kind for the
financial services and insurance industry.
Financial services and insurance firms have been the leading
adopters of computing grids to run complex portfolio analysis, capital
reserve, risk assessment and actuarial models. By coupling
DataSynapse's GridServer software with ClearCube's PC
Blade platform, enterprises now have a Grid computing solution that
delivers increased performance, efficiency and scalability.
DataSynapse is a leading provider of virtual application
infrastructure software in the financial services sector. The
DataSynapse GridServer software virtualizes and distributes application
services and executes them in a guaranteed, scalable manner. By
creating a virtualized environment that matches demand
(user/application service requests) and supply (available system and
data resources), GridServer provides an "on demand" environment that
dramatically improves application performance, resiliency and
utilization of resources.
ClearCube is a leading provider of PC blade computing solutions in
the financial services sector. Investment banks, hedge funds, retail
banks and insurance companies already use ClearCube PC Blades and
management software to deliver secured, high-availability computing to
end-users while cutting support costs by more than 40 percent.
ClearCube's blades are an ideal Grid computing platform for several
reasons. First, PC Blades provide the best price/performance/density
metrics because they leverage the latest Intel Pentium 4 and Xeon
blades in a dense form factor. Second, ClearCube PC Blades provide for
greater flexibility because they can be dual-used (end-user computing
by day/Grid computing by night). Third, ClearCube PC Blades enable the
enterprise to easily scale up (or down) in smaller increments so that
large, up-front infrastructure investments are not required. Finally,
since the entire infrastructure is in a secured, controlled
environment, management of the grid is simplified and network latency
With the combination of the DataSynapse software and ClearCube's PC
Blades, financial services firms have an ideal platform for performing
real-time analyses that drive improved business decisions. This is of
vital importance for users who conduct risk analysis, portfolio
management and insurance actuarial models.
"By partnering with DataSynapse, we are able to deliver a Grid computing environment that is unmatched in the industry in terms
of flexibility, scalability and price," said Carl Boisvert, president
and CEO of ClearCube Technology. "ClearCube PC Blades deliver one
centralized secure computing platform that can be used for both
end-user workstations and a Grid computing environment."
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