article thumbnail

It’s Only a Matter of Time: Why Financial Firms Need to Turn to Overclocking

IT Toolbox

The post It’s Only a Matter of Time: Why Financial Firms Need to Turn to Overclocking appeared first on Spiceworks. Unlock unprecedented trading speeds with overclocked servers.

Financial 143
article thumbnail

Financial IT leaders prep for a quantum-fueled future

CIO Business Intelligence

If there’s an industry steeped in computations, it’s the financial services sector. Optimization problems, for which a whole chorus of variables must be fine-tuned and modulated, routinely plague financial firms, especially when it comes to highly engineered financial products such as those developed through quantitative analysis.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

SD-WAN Helping Financial Services Achieve Greater Digital Agility, Cybersecurity

CIO Business Intelligence

The shift to a digital business environment in financial services began well before the pandemic pushed it and other sectors to more rapidly embrace digital transformation. As customers have become increasingly digitally savvy, they demand that financial services firms be more responsive to their needs.

WAN 111
article thumbnail

What’s the real story of Xbox in 2024? Latest financials from Microsoft reveal mixed signals

GeekWire

At the same time, Xbox hardware revenue declined by 31%, and the report notes that the overall impact of the Activision acquisition includes a $350 million loss in operating income. Without Activision’s software lineup on its side, the financial story might’ve been much worse for Xbox.

article thumbnail

NLP Isn’t Enough. Leading Financial Services Companies Are Now Moving to Conversational AI.

CIO Business Intelligence

Today, most banks, insurance companies, and other kinds of financial services firms have deployed natural language processing (NLP) tools to address some of their customer service needs. Financial services firms all over the globe are investing heavily in artificial intelligence (AI). The rise of chatbots… and their weaknesses.

Financial 105
article thumbnail

Why Financial Services Firms are Championing Natural Language Processing

CIO Business Intelligence

Chatbots are just one application of natural language processing (NLP), a type of artificial intelligence (AI) that is already having a major impact in financial services, among other industries. . The Financial Services industry is projected to be a major source of this spending. by 2025, according to IDC. NLP will account for $35.1

article thumbnail

Falling demand for hardware hits TSMC as Nvidia, AMD, others slash orders

TechSpot

TSMC's financials in the fourth quarter of 2022 and the first quarter of 2023 are expected to show a decline with the company is reportedly renegotiating contracts as AMD, Nvidia, and MediaTek cut orders due to falling demand for their products.

Hardware 130