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JP Morgan applies FPGA to risk management

JP Morgan uses FPGAs to reduce risk analysis run time from eight hours to seconds

July 12, 20111 minute

You might already know I’m interested in the application of FPGAs in the financial markets, a field that has been growing over the last few years. JP Morgan has been working on this over the last 3 years and its paying off.

JP Morgan supercomputer offers risk analysis in near real-time

Prior to the implementation, JP Morgan would take eight hours to do a complete risk run, and an hour to run a present value, on its entire book. If anything went wrong with the analysis, there was no time to re-run it.

It has now reduced that to about 238 seconds, with an FPGA time of 12 seconds.