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Markham Based Univa Sets Sight on $69.9 Billion Financial Services Market

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HOFFMAN ESTATES, Ill. & Markham, Ont–(BUSINESS WIRE)–Univa, the data center workload optimization company, today announced Univa Short Jobs for financial services. The Univa Short Jobs add-on for Univa Grid Engine provides the $69.91 billion financial services industry a framework to run massive quantities of low latency tasks inside a Univa Grid Engine cluster. The runtime can be as low as microseconds with minimal scheduling overhead and the solution achieves industry leading throughput ratios of more than 20,000 tasks per second and over 1.7 billion tasks a day.

“Financial institutions require an industry-specific solution that addresses the rigid demands of an enterprise-class high-performance computing environment,” said Gary Tyreman, President and CEO at Univa. “Univa Short Jobs brings to the industry the world’s most efficient processing and lowest latency available for important tasks like real-time trading, transactions, and other critical applications.”

Source: www.businesswire.com

The post Markham Based Univa Sets Sight on $69.9 Billion Financial Services Market appeared first on Toronto Area's Tech Hub.


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