| Publisher | Sun Microsystems | ||
|---|---|---|---|
| Format | HTML | Date added | 05 Oct 2008 |
| Topics | Cost Control - Risk Mgmt., High Performance Computing, Infrastructure Management | ||
| Downloads | 131 | ||
BMO Financial Group is one of the largest financial services provider in North America. Their challenge was to give Bank of Montreal's Market Risk Assessment Group the power to run faster and more complex simulations to better evaluate risks of the bank's portfolio. This entails producing more comprehensive, yet more timely reports to take advantage of changing market conditions. The IT department was asked to deliver this added power while keeping IT costs to a minimum. BMO decided that Sun would be the least expensive and easiest to deploy. The Sun Infrastructure Solution for Grid Computing gives BMO unprecedented computing power, enabling more sophisticated financial analysis and more accurate risk assessment.
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