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Texas Tech University Performs Stock Price Analysis in Hours Instead of Days

PublisherSAS Institute
Format HTMLDate added10 Oct 2008
Topics Business Management, High Performance Computing
Downloads19

Texas Tech University (TTU) developed statistical resampling methods to determine whether announcements and other historical events affect stock prices. TTU deployed a SAS compute grid to optimize resources campus-wide. TTU is utilizing their SAS compute grid to leverage unused and underutilized computing resources to attain information that would otherwise take weeks or months to process. SAS/CONNECT provides an essential tool for distributing jobs across a network. TTU combined the distribution capabilities of SAS/CONNECT with high-powered SAS analytics to implement their financial application on a grid.

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