"Bank of America has now implemented a global grid computing resource from DataSynapse. Sturrock explains that their goal was to balance computing supply and demand right across the organization. It was largely a commercially driven aim, to cut the expense of running with the redundancy implicit in
SunGard creates solutions for 41 of the world’s top 50 banks, so it wants the best platform on the planet to support its massively scalable asset and liability management (ALM) solution—Ambit BancWare ALM. The company recently completed testing that found that the Microsoft® Application Platfor
Bank of America currently has over 3,000 dedicated "engines" running application code for production tasks, and an additional 3,000 machines -- mostly user workstations and development servers -- linked to the grid for nonproduction needs.
Daily Hedging Process: Overnight: Liability models run over 100,000 scenarios to produce Greeks, Market Value (MV) and attribution of MV change by using > 350 PCs (at 2005)
http://articles.techrepublic.com.com/5100-10878_11-5834595.html
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http://www.ctc-g.co.jp/corporate/press/2009/0821a.html
http://www.datasynapse.com/content1345
Microsoft Customer Stories
http://www.banktech.com/news/showArticle.jhtml?articleID=171203551
http://www.thehartford.com/higfiles/pdf/HIGSmithBarneyAnnuityLifeRisk060705.pdf