CDO2, University Of Surrey To Develop Financial Grid
Financial analysis company CDO2 has recently partnered with the University of Surrey to work on a three-year research project aimed at improving CDO2's service offering. London-based CDO2 develops pricing and risk technology for banks, hedge funds and investment firms involved in trading structured credit products, specifically collateralised debt obligations (CDOs).
The project provides access to both expertise and resources at the University of Surrey in Financial Grid computing, allowing CDO2 to innovate in the analysis it undertakes for its customers. CDO2 is already a pioneer in the use of Grid technology which gives it a competitive edge in markets in which US companies predominate.
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