JP Morgan is utilizing Tesla GPUs of visual computing technologies provider NVIDIA to deliver a 40X increase in the end-to-end speed of its risk calculations. JP Morgan’s equity derivatives group added NVIDIA Tesla M2070 GPUs to its datacenters, as part of a three-year plan to cut computational costs of risk calculation by 75%. Running over 50% of the equity derivative-focused risk computations on hybrid GPU/CPU-based systems has helped the bank in saving 80% of power. NVIDIA Tesla GPUs are launched in multiple data centers across the bank’s global offices.
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