While financial services firms have been dealing with very challenging market conditions, one certainty is that growth will return in both the volume and the complexity of financial transactions. Existing and new financial instruments will continue to tax the underlying software applications that drive the business; they will be required to support dramatically higher business volume, run faster, support more users and process more transactions.
Traditionally, financial services firms could count on advancements in faster and faster processors to meet growing performance goals. But enterprises can no longer rely on this tactic after the traditional doubling of processing power ended around 2004. Additional computer hardware performance now comes in the form of additional "cores" in each central processing unit (CPU), so significant improvements in parallel computing will be required to drive scalability for the next generation of business applications.
|
