For Financial Services Firms, HPC Is Money Well Spent!
Until someone invents a crystal ball, high-performance computing (HPC) is the only proven way to predict how those events may unfold. That’s why investment management firms, banks, and other financial services organizations are increasingly using HPC to make more informed decisions about:
- Prepayment and default risks on bonds
- What social media posts portend about sales of a forthcoming product
- How quickly and how long weather events or political regime changes may affect certain stock prices
- What a FICO score, ZIP code or loan-to-value ratio indicates about a borrower’s likelihood of defaulting on a mortgage or paying it off early