Today's Hard|Forum Post
Today's Hard|Forum Post

Friday December 19, 2014

Tesla Platform Shatters Record on Risk-Management Benchmark

STAC, an industry benchmarking organization that includes major financial institutions, just released results showing that the Tesla platform and K80 achieved a rare milestone. Tesla swept performance records across the board in one of the industry’s most closely watched benchmark suites, STAC-A2.

Developed with leading banks, STAC-A2 measures the performance of various platforms for pricing and market risk analytics. Financial institutions can use these benchmarks to help decide which computing solutions will best manage market risk آ– a task that has taken on greater importance since the 2008 financial crisis.