Tag Archives: risk-management

Made in IBM Labs: Researchers Demonstrate Breakthrough Storage Performance for Big Data Applications

*IBM GPFS Storage Technology Scans 10 Billion Files in 43 Minutes*

SAN JOSE, Calif., – 22 Jul 2011: Researchers from IBM today demonstrated the future of large-scale storage systems by successfully scanning 10 billion files on a single system in just 43 minutes, shattering the previous record of one billion files in three hours by a factor of 37.

Growing at unprecedented scales, this advance unifies data environments on a single platform, instead of being distributed across several systems that must be separately managed. It also dramatically reduces and simplifies data management tasks, allowing more information to be stored in the same technology, rather than continuing to buy more and more storage. (more…)

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Mortgage Defaults at Lowest Levels in Five Years

ANN ARBOR, Mich.—Default risk on home loans fell once again this quarter to its lowest level in more than five years, says a professor at the University of Michigan’s Ross School of Business.

Dennis Capozza, professor of finance and real estate and the Dykema Professor of Business Administration, says that under current economic conditions, investors and lenders should expect defaults on loans currently being originated to be just slightly higher than mortgage defaults in early 2005. (more…)

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