||Scaling Grid-computing Capabilities to Meet Unusual Demand|
||Alex Kimber, Solutions Architect, Financial Services, AWS|
|Alex Kimber, Solutions Architect, Financial Services, AWS
Alex is a senior Solutions Architect working within the AWS Global Financial Services organization. He has been at AWS for 2 years having previously spent 16 years working in investment banking, primarily as the head of High-Performance Computing and as the regional lead for hosting and datacenter services.
Extreme market volatility and shifting economic conditions are increasing the number of calculations and simulations that financial institutions must run to manage risk, assess liquidity, and optimize investment strategies. Capital markets organizations are processing unprecedented volumes of trading-related events, insurers are expanding catastrophic scenario and actuarial modeling, and banks are running added risk models to gauge exposure to credit defaults. The demand for increased processing power is straining on-premises capabilities, so financial institutions are turning to AWS to build flexible, cloud-based, high-performance compute grids or burst-to-scale existing workloads on demand. Attendees of this webinar will learn how financial institutions are taking advantage of elastic and virtually unlimited compute and storage resources to meet peak processing demands at a moment’s notice while lowering costs by shifting to a pay-as-you-go consumption model.