SRV317: Unlocking High Performance Computing for Financial Services with Serverless Compute

AWS helps financial services institutions run risk and pricing scenario calculations against large datasets in shorter timeframes and at lower cost. In this session, we will discuss how high performance computing (HPC) and grid computing patterns in the cloud are evolving to leverage serverless architectures with AWS Lambda. Also in this session, Fannie Mae discusses how it migrated a mission-critical, financial modeling application to Lambda from an on-premises grid computing infrastructure. It will describe the journey to serverless computing to develop the first serverless high performance computing (HPC) platform in its industry. Fannie Mae will also cover how Lambda has enabled the company to reliably perform quadrillions of calculations each month, at a fraction of the cost and effort.