An HPC system is an ideal platform for running financial related applications. Financial applications require the processing of huge volumes of data. Financial simulations are necessary tools in determining estimated risk and formulating the company’s best course of action. An HPC system provides valuable assistance in risk analysis, market analysis, high-frequency and securities trading, securities valuation and other related areas of finance.
Increased regulations are placing more pressure on companies to build management and financial accountability into their workflow. Regulatory acts and standards such as Sarbanes-Oxley, the Casualty Actuarial Society (CAS) and the COSO Integrated Framework have helped define the industry. A number of HPC applications assist companies in meeting the requirements of these acts and standards.
In addition to governmental regulatory compliance issues, many companies use client behavior patterns to increase sales through the use of high performance computing. By closely examining consumer habits both on-line and retail establishments can cater their services and wares to meet the needs of their base via predictive analytics. This insight can assist with forecasting manufacturing and inventory levels, seasonal buying patterns and even the mundane such as color preferences. These predictive analytics also assist in uncovering the patterns of fraudulent transactions.