Skip to content
cineca
Axyon AISep 13, 2024 1:35:51 PM2 min read

Using HPC capabilities to support asset management

Using HPC capabilities to support asset management
3:14

How does High-Performance Computing (HPC) support asset management?

 

In today's fast-paced financial markets, speed and precision are more critical than ever. High-Performance Computing (HPC) plays a crucial role in modern computational tasks, especially in fields that require handling vast datasets and complex algorithms. This is particularly true in the asset management industry, where decisions must be made quickly and based on the most precise and reliable analyses. At Axyon AI, we are at the forefront of this digital transformation, leveraging cutting-edge AI and Deep Learning technologies to revolutionise the asset management world. Our success story with EuroCC Italy perfectly exemplifies this shift.

 

The Role of HPC in Asset Management

In the challenging context of market demands and the search for advanced technological solutions, Axyon AI's collaboration with EuroCC Italy stands out. EuroCC Italy, through its HPC infrastructure and expertise, has been a significant partner in enhancing our capabilities. HPC's ability to process huge amounts of data and perform complex calculations allows us to generate more accurate predictive insights, giving asset managers a crucial competitive edge.


Strategic Partnership and Key Milestones

Our journey with EuroCC Italy has been marked by several strategic projects and funding initiatives, each contributing to our growth and expertise. These milestones have not only enhanced our analytical capabilities but also propelled our innovation and scalability.

 

2019 – PRACE Program

Through the PRACE (Partnership for Advanced Computing in Europe) Program, Axyon AI increased scalability and performance in managing machine learning tasks across various computational resources. This ensured data security and compliance, which are crucial for fintech applications. More details about this project.

 

2020 – EOSC DIH Program

The EOSC DIH (Digital Innovation Hub) Program enabled our platform to execute deep learning tasks in parallel, significantly enhancing operational scalability and efficiency. This allowed us to handle larger datasets and more complex financial models, including diverse assets and sentiment data.  

2021 – EuroCC Italy Program

Collaboration with EuroCC Italy through the EuroCC Program provided us with access to advanced computational resources and expertise. This partnership with Leonardo Spa significantly improved our financial analytics capabilities, enabling us to employ more sophisticated data processing and modelling techniques.

2021 – FF4 EuroHPC Program

In the FF4 EuroHPC Program, we developed an AI-based platform to enhance asset management further. This platform automated investment models and created advanced risk management tools to stabilise markets. It also expanded the support of investment strategies from 100 to over 1,000 financial assets, integrating continuous learning to improve adaptability and reduce re-training times.

To learn more about this strategic partnership, please read EuroCC Italy success case and understand more about how HPC is revolutionising asset management: