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Beware of Microbursts, Cisco Warns Banks
You may be measuring data latency in your data center or trading environment, but you may not be measuring it in small enough increments to detect very short spikes in traffic that could be causing data packets to be dropped, in turn causing orders to be dropped or market data to fall out of sync with trading strategies, Cisco executives said yesterday. High-frequency trading is the most logical place for bankers to be worried about microbursts;
Cloud Computing and "The New Normal"
For the better part of this week, I couldn't seem to get my head out of the clouds.
Premier Bankcard to Deploy Microsoft's New SQL Server R2
Bank card unit expects to see benefits from centralizing database administration and giving users self-service business intelligence.
InfiniBand Marries Ethernet in New Network Spec
Offspring said to be 40 gigabit per second speeds and low latency, according to the InfiniBand trade association.
Accenture Signs $80 Million Deal With Korean Bank Conglomerate Hanwha
Consulting/software giant to provide application management and other technical assistance for Hanwha Group.
BDNA Trolls IT Environments to Identify Waste
New Technopedia tool catalogs hardware and software product specs, and compares a bank's existing environment to best of breed.
Apple Sells 300,000 iPads First Day
Nine banks have already ported their mobile applications to the iPad App Store.
Verizon and IBM Offer Data Backup
Two companies join EMC and Iron Mountain in the enterprise disaster recovery business.
BofA Honors Two Associates for Technology Achievements
Suresh Nair honored for work on an integration framework; Frank Venditti recognized for helping to build international payments system.
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