Fermat, Platform Computing Partner for Product Integration

High performance computing (HPC) management software provider Platform Computing (Toronto) and Fermat (Brussels), a provider of risk and performance management products to the financial services industry, have formed a partnership to integrate all Fermat products with Platform Symphony.

Platform Symphony enables developers to achieve application performance objectives through a single, high-level programming paradigm for multi-core and multi-node environments. Fermat's products focus on helping financial services organizations reduce the risk on day-to-day business decisions. The synergies of this partnership will enhance the return on investment for the firms that use both companies' products. All existing and new Fermat products whose calculations require high volume and multi-scenario simulations will be integrated with Platform Symphony, including the enterprise-wide usage of existing modules of Fermat ECAP, ALM (for Earnings at Risk), Market Risk, Value-at-Risk (VaR) and Expected Positive Exposure (EPE).

Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio