Data's destiny

Banks are making headway in deploying grid computing. But unlike their counterparts in other industries, financial institutions' grids need to be able to handle a huge amount of constantly changing data. How are they coping with this challenge?

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Grid computing - the networking of many computers or processors into a single virtual machine for the parallel processing of tasks - is now a well-established technology within banks. But financial institutions are behind the curve in the extent to which they are adopting this new technology. While other industries are using grid for a variety of tasks - from research and development to customer relationship management - the silo nature of banks' operations and the vast quantity of real-time

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