Works with financial services community to focus on performance benchmarks and optimizing storage access in the face of enormous data growth and I/O bottlenecks
Panasas, a leader in high-performance computing (HPC) data storage solutions, announced that the company has joined the STAC Benchmark Council™. The council is comprised of more than 400 financial institutions including the world’s largest global banks, brokerage houses, exchanges, hedge funds, proprietary trading shops, asset managers and vendors.
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@Panasas has joined the STAC Benchmark Council to focus on performance benchmarks and optimizing storage access for the financial services community #HPC #AI #storage
The STAC Benchmark Council develops technology benchmark standards based on workloads strategically important to financial organizations. The Council also facilitates discussions on important technical challenges and the latest solutions through STAC events, including Global STAC Live May 18-19, 2021, where Panasas will present in the Innovation Roundup.
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“With the continued explosion in large datasets, storage performance continues to be an important focus area for many financial services firms,” said Peter Nabicht, STAC Head of Strategy. “We look forward to Panasas’ contributions to the ongoing discussion of high-performance data storage and seeing them leverage STAC Benchmarks.”
“Joining the STAC Benchmark Council is a testament to our long-term commitment to helping financial services customers address storage challenges as they extract key insights from their data for their financial models,” said Brian Peterson, Chief Operating Officer at Panasas. “Working with STAC and the council members will provide innovation solutions that accelerate quantitative analysis and ease storage bottlenecks.”
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