SCIENCE
OCF partners with MThree Consulting for investment banking sector push
OCF, the proven, trusted high performance data processing, data management and data storage provider, today announces its partnership with City Banking services specialist, MThree Consulting.
MThree Consulting, which provides high grade IT consulting for the global financial markets, will use OCF’s supercomputing development experience to optimize trading floor infrastructures and decrease system latency. The partnership is part of OCF’s sector expansion strategy into the financial services market, where innovation in the deployment of high performance computing is the critical success factor for many large service projects across the global markets.
OCF will work with MThree Consulting to drive more efficiency from their clusters and grids, identifying information bottlenecks, optimising job scheduling and deploying appropriate computing power to run the hundreds of thousands of algorithms that will cut latency to a minimum. This provides instant competitive advantage by enabling customers to knock milliseconds off their real-time risk analysis and pricing capabilities.
Julian Fielden, Managing Director at OCF comments: “MThree Consulting is a great fit for us in the financial markets sector. Our specialist ability to design, build and deploy high performance computing solutions compliments MThree Consulting’s experience in creating specific service packages that dynamically improve their customers’ trading performance. As the banking industry itself calls for ‘zero latency’ to become a reality and seeks better results from their technology providers, we’re looking forward to increasing the range of projects that both companies can tackle as part of the partnership.”
Stephen Mason, Chairman at MThree Consulting comments: “As an important part of our consultancy packages, we ensure our clients are getting access to the best performers in each technology field. OCF is best of breed when it comes to innovative solutions to optimize high performance computing. This partnership is sure to provide another extra level of quality and improved results for our customers.”