The London Stock Exchange Group (LSEG) partnered with NVIDIA. The partnership aims to speed up analysis of LSEG's Tick History market data. The collaboration uses NVIDIA's cuDF GPU-accelerated computing. This reduces data processing times from hours to seconds. Financial institutions can now analyze years of historical trading data.
The enhancement enables LSEG clients, including hedge funds and investment banks, to conduct more extensive quantitative research. Clients can also backtest trading strategies and perform risk analysis more efficiently.
The partnership allows users to work with LSEG's dataset. This dataset includes over 110 trillion rows of data. Users avoid creating costly data duplicates. They also maintain existing licenses and access controls.