Who: HPC Platform was
founded in 2007 and resulted from research and projects
beginning in 2005. For the last 3 years, most of the work
has been done with leading investment banks.
The co-founders have combined experiences in Finance, IT, electronics,
and software and some of them have worked on HPC solutions
for the medical, military and industrial market since
1995.
HPC Platform is currently raising
capital for its next development phase.
What:
For its solutions, HPCP focused on a dedicated and global
"Platform environment" comprising a modular
hardware appliance, specialized compilers (DSL - Domain
Specialized Language - compilers that will enable to
abstract clients from the complexity of the advanced
technologies used), optimized hardware cores and standard
connectivity (Gigabit Ethernet, PCI-Express, etc.). This
modular architecture aims at "Ease to use" and
"Ease of integration" within the client business
and IT organizations without compromizing the performances.
The HPC
Platform solutions, for ultra low-latency market data
processing and complex financial products valuations, are true
appliances with an optimized modular architecture, DSL
compilers and software environments that aim to enable
customers to effectively use reconfigurable hardware
technologies (FPGA).
To enable the most efficient use of HPCP solutions and architecture,
HPCP is also providing consulting
services to its clients in order to build with them the most
optimized hardware-based processing systems that will help
to keep them ahead of the market.
Why (you care): HPC
Platform
delivers outstanding performances that place it as a clear leader for ultra-low
latency and High Performance financial Computing.
An example of this performance is market data processing
with a latency of 1.1 to 2.0 microseconds for FAST encoded
Feed-Handling/Filtering, order book processing and common
events trigger rules (CEP).
For complex financial products valuation acceleration (from simple Monte Carlo European options pricing to complex products like Altiplano), HPCP delivers an acceleration of several orders of magnitude compared to multi-core servers: for example the price of a basket option composed of 3 underlyings is computed in double precision within 715 microseconds for 1M simulation paths.
HPCP intends to remain at the cutting edge of the technology and will
even go below the 1 microsecond barrier for market data
processing latency.
When: The HPC Platform solutions are already being evaluated in production environments in partnership with a few selected clients.
One "premier financial institution in France" is currently considering production deployment not only because of the microsecond latency metrics achieved but also because of the ease of use integration into legacy systems.
Traditional solutions can't answer efficiently to ever more increasing growth in financial products complexity and volume.
HPCP is targeting major subjects in financial markets:
The huge power consumption and ever growing space required in data centers due to traditional solutions become a problem for large banks.
The HPCP solution: a powerful HPC device that can fit into a small space with low-power consumption.
HPCP is proud to favour a green technology solution.
