Bear Stearns Deploys Two Cray Supercomputers For Risk Analytics

Bear Stearns has bought two supercomputers from Cray Research for use by its risk management, derivatives and fixed income and departments.

The purchase is believed to be the most powerful supercomputer installation ever undertaken by a financial institution.

Bear Stearns plans to integrate the Cray machines with its existing global Unix systems architecture, where they will act as calculation servers for a variety of compute-intensive tasks, including global risk simulations.

The supercomputers

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