Appsbroker Combines the Power of Intel® and Google Cloud to Break Two Records for HPC Speed in the STAC-A2™ Benchmark.
Appsbroker has delivered a record-breaking solution for independent third party testing by STAC®, which involved a cluster of Google Cloud instances (C2) using the 2nd gen Intel® Xeon® scalable processors.
These are the first publicly released, independently audited results of STAC-A2 benchmarks to be tested on a public cloud. Based on a cluster of 10 virtual machines and compared against all other published test results, the records broken at the time of audit were:
Compared to a solution involving an 8-node on-premises cluster, this 10-node cloud-based solution revealed the following results:
Geoff Newell, Technical Director, Appsbroker said, "Appsbroker’s infrastructure solutions on Google Cloud are the future for our financial services clients, who often have the most demanding workloads. Thanks to STAC we now have the proof that a Google Cloud environment, powered by Intel® can stand up to any on-premise equivalent.”
Adrian Poole, Head of Financial Services, Google Cloud commented “We have worked with Appsbroker for many years in the financial services sector - their deep knowledge of Google Cloud, combined with their in-depth understanding of our clients makes the perfect partnership.”
The results were audited by STAC®, an independent third party that facilitates the STAC Benchmark Council®. The STAC Benchmark Council consists of over 400 financial institutions and more than 50 vendor organisations whose purpose is:
User firms include the largest global banks, brokerage houses, exchanges, asset managers, hedge funds, proprietary trading shops, and other market participants. Vendor firms include innovative providers of hardware, software, and cloud services.
Peter Nabicht, President, STAC said "Risk management is a mission-critical workload in financial services that consumes vast resources, and its importance will only increase with future regulations, like FRTB. STAC-A2 measures the speed, capacity, quality, and resource efficiency of solutions designed to perform the compute-intensive analytics required for risk management.
Appsbroker has shown leadership by applying the latest cloud technologies to this workload and submitting their solution for independent testing."
Mike Blalock, General Manager, Financial Services Vertical, Intel said The STAC A2 C++ code was developed and optimized for Intel Architecture using the Intel® oneAPI Base Toolkit and the Intel® oneAPI Math Kernel Library (Intel® oneMKL). This high-performance code ran OnPrem which Appsbroker seamlessly transitioned to Google Cloud."
STAC-A2 is the technology benchmark standard based on financial market risk analysis. Designed by quants and technologists from some of the world's largest banks, STAC-A2 reports the performance, scaling, quality, and resource efficiency of any technology stack that is able to handle the workload.
To find out how Appsbroker built its record-breaking clusters in more detail, click here.
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