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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> HPC

Skilled programmers necessary for Wall Street

Posted by RJ and Makay on Sep 28, 2010

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As high-performance SkilledProgrammersImagecomputing becomes more important to helping financial services companies deal with a rising amount of data, Wall Street is also concerned about the shortage of skilled programmers who can write for multi-core chip architectures and parallel computing systems, according to an article recently posted on CIO.com.

"In high-performance computing, there is a major sea change that's been happening... and it's getting more dramatic," said Jeffrey Birnbaum, chief technology architect at Bank of America/Merrill Lynch. "With the sea change that's coming—parallel computing, multi-core processors—the skill of the programmer matters more."