By: Nages Sieslack, ISC Events

Back in 2008, the global economy came crashing down sending many organizations and individuals into a state of financial ruin. Three major banks in Iceland collapsed, forcing the country into a deep recession. Fingers were pointed at the banking institutions — bank officers and mortgage lenders were blamed for abusing their fiduciary duties toward their customers by putting indulgence and manipulative greed above the stability of the society.

Since then regulations have been strengthened and the financial industry has adopted sophisticated mathematical models and high performance computing systems to study and assess all types of risks in the attempt to minimize them. However, is this practice sufficient enough to assure that our money is safe with the banks and their investment strategies are sound?

Vynckier will be speaking about “High Performance Computing in the Financial Industry: Problems, Methods & Solutions,” at the upcoming ISC conference in Frankfurt, Germany in July, which focuses on supercomputing technology in research and enterprise settings.

The full interview was published at The Platform.