Peer-to-peer technology vendor DataSynapse has integrated its LiveCluster grid computing system with Calypso Technology's trading platform. The companies also announced that the joint solution is being used by Wachovia Corporation.
The integrated system distributes calculations over a network of computers via LiveCluster, allowing faster calculations to take place within the Calypso platform.
Proprietary analytics integrated into the Calypso platform with application programming interfaces (APIs) are also able to be automatically distributed via LiveCluster without modification.
Andy Cook, director, US dollar derivatives, Wachovia Corporation, says: "The combination of Calypso's STP framework with DataSynapse's grid computing has had a significant impact on our fixed income derivatives area over the past two years."
He adds that the bank intends to extend its use of the integrated solution.