Financial Services Industry
Industry: Email Alert RSS FeedGenworth Financial's "Gridiron" Scores A Touchdown: To meet increasing actuarial processing needs, Genworth Financial Inc. linked 100 PCs into a grid architecture. The cost-saving strategy has improved cycle times and risk management.
Insurance Networking News: Executive Strategies for Technology Management, December, 2004 by McKendrick, Joe
Until recently, grid computing was the domain of high-performance computing sites that calculate petabytes of data for particle physics problems or modeled engineering simulations. Now, grid computing is going mainstream, opening up new possibilities for carriers looking to support their growing application portfolios while keeping a lid on information technology budgets.
By distributing processing workloads across networks of already existing computers, companies can attain higher performance processing power for relatively little additional investment.
Although grid technology is still a fairly new technology that's being tested by many companies, early reports from the field indicate it's viable and capable of delivering significant benefits,...
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