NVIDIA Tesla GPUs Used by J.P. Morgan Run Risk Calculations in Minutes, Not Hours

Submitted by news manager on Thu, 2011-08-04 15:00

SANTA CLARA, CA (Marketwire) - NVIDIA announced today that its Tesla(TM) GPUs are being used by the largest investment bank entity, J.P. Morgan, to deliver a 40X increase in the end-to-end speed of its risk calculations, while reducing the cost of ownership.