Microsoft Will Unveil New Trading Platform at SIA
Via FinServ blog. I spoke to a Microsoft chap about this a while ago, so its nice to see the integration of Grid Computing and Excel from Microsoft finally making a public appearance. Microsoft still has some way to go in this area, since a number of investment banks have been running Excel spreadsheets on various flavoured grid for the last year. Why would any bank run Excel spreadsheets on a grid? Because traders/quant’s love Excel, and trying to break that link is painful.