AC Capital Partners Selects New CDOSheet Application on Network.com
Sun Microsystems has announced the availability of a ‘dynamic on demand’ financial risk simulation and pricing service from Network.com that is offered by CDO2. The new version of the CDOSheet application delivers pricing models and risk analysis technology to AC Capital Partners. The provider claims this is secure and cost effective. Financial modelers can run simulations directly from their desktops without any awareness of the advanced grid computing technologies powering the service as the application utilizes newly introduced Sun Grid Compute Utility features, including programmatic access to the grid and secure bidirectional data transfers over the Internet, that aid the deployment of grid applications to the end user.