Platform Computing has launched Platform Symphony5, a new version of its service-oriented architecture (SOA) grid offering for high performance computing (HPC) environments.

According to Platform Computing, the new product lowers the latency caused by large data sets, by placing workloads on systems that are physically close to the required data. It delivers resource sharing, availability, security and scale, and enables real-time pricing, value-at-risk and Monte Carlo simulations to manage risk.

In addition, the company also announced two add-on products for Platform Symphony 5, Data Affinity and Dynamic Service. The Data Affinity for Platform Symphony allows Symphony 5 to schedule application tasks by taking into account data locality.

The Dynamic Service for Platform Symphony is designed to optimise utilisation within a single blade and reduce memory contention for data I/O intensive applications by sending only one set of data, enabling Platform Symphony to scale up and out in mixed environments with old (2-core) and new (multi-core) hardware, the company said.

David Warm, CTO of financial services business unit at Platform Computing, said: Our research has found that eliminating data access bottlenecks is the highest priority for our customers. This has been the focus of our development efforts and is the centerpiece of this important release of Platform Symphony. Symphony 5 continues to set the industry standard for performance and scale by improving the efficiency of applications in multi-core environments at the lowest possible cost.