Wednesday, 12th May 2021
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HPC storage-focused Panasas joins the STAC Benchmark Council

Working with financial services community to focus on performance benchmarks and optimizing storage access in the face of enormous data growth and I/O bottlenecks.

Panasas has joined the STAC Benchmark Council™. The council is comprised of more than 400 financial institutions including the world’s largest global banks, brokerage houses, exchanges, hedge funds, proprietary trading shops, asset managers and vendors.

The STAC Benchmark Council develops technology benchmark standards based on workloads strategically important to financial organizations. The Council also facilitates discussions on important technical challenges and the latest solutions through STAC® events, including Global STAC Live May 18-19, 2021 where Panasas will present in the Innovation Roundup.

“With the continued explosion in large datasets, storage performance continues to be an important focus area for many financial services firms,” said Peter Nabicht, STAC Head of Strategy. “We look forward to Panasas’ contributions to the ongoing discussion of high-performance data storage and seeing them leverage STAC Benchmarks.”

“Joining the STAC Benchmark Council is a testament of our long-term commitment to helping customers in the financial services market address storage challenges as they extract key insights from their data for their financial models.” said Brian Peterson, Chief Operating Officer at Panasas. “Working with STAC and the council members will provide innovation solutions that accelerate quantitative analysis and ease storage bottlenecks.”

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