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Nov 16, 2012 (Close-Up Media via COMTEX) -- EMC Corp. announced recognition from HPCwire by achieving the HPCwire Editors' Choice Awards for Best Use of HPC in Financial Services category.
EMC reported that it was selected for this award based on NYSE Technologies' use of EMC VNX unified storage with Fully Automated Storage Tiering (FAST) software in the NYSE Technologies' Capital Markets Community Platform, an enterprise cloud offering for the financial services industry.
According to a release, the HPCwire Awards are determined through online polling of the global HPCwire audience for the Readers' Choice Awards. That polling is combined with a rigorous selection process for the Editor's Choice Awards, where winners are selected by a panel of editorial and executive staff, recognized HPC luminaries, and contributing editors from across the industry. The awards hold the distinction of being recognized as a top recognition given by the HPC community to the HPC community. Click here for a complete list of winners.
"It's an honor and a privilege to take time during the most important supercomputing conference globally to acknowledge the organizations and the individuals behind them who exemplify the hard work, dedication, and effort that has taken place the past year to develop new technologies that ultimately benefit mankind," said Jeff Hyman, president and group publisher of Tabor Communications Inc. "The awards represent the highest level of recognition to the leaders and luminaries in the high performance computing industry by our HPCwire readers and the community alike. Our warmest congratulations go out to all the recipients of this year's awards."
NYSE Technologies selected EMC VNX unified storage and fast technology for its Capital Markets Community Platform, which launched in June 2011. Now deployed in the US, Canada, the UK and Japan, the NYSE Technologies platform provides on-demand compute and data storage services to trading firms looking to reduce costs and increase their business agility.
"NYSE Technologies is delighted to see EMC earn this recognition for its role in enabling our Capital Markets Community Platform, the world's first cloud-based platform dedicated to the financial services industry," said Feargal O'Sullivan, Global Head of Alliances, NYSE Technologies, Inc. "By offering on-demand access to computing power on EMC's VNX unified storage platform, we're able to provide turnkey, cloud-based IT solutions to financial services companies worldwide -- keeping their focus on their business challenges, rather than on IT."
"NYSE Technologies' cutting-edge cloud computing platform required a powerful, efficient and simple -- yet scalable -- unified storage technology. By delivering unmatched storage efficiency through FAST, coupled with the scalability, availability and performance of EMC's industry-leading VNX unified storage array, we are able to provide the NYSE with the speed, reliability, and agility required to support cloud services in the incredibly demanding financial services market," said Eric Herzog, Senior Vice President, Product Management and Product Marketing, EMC Unified Storage Division.
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As of Monday, 11-12-2012 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated a DOWNTREND on
04-23-2012 for EMC @ $27.54.
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