Peter Richards and Stephen Weston from J.P. Morgan will present an EE Computer Systems Colloquium at Stanford University titled “Technology in banking – facing the challenges of scale and complexity”, covering the challenges currently being faced at J.P. Morgan and discussing some details of their work with Maxeler Technologies, May 11, 2010.

The business challenges in global banking encompass many areas of computer science – with the added dimension of scale. This introductory talk will examine the scope of challenges that are currently being faced by the technology team at J.P. Morgan Chase. Specifically, abstraction in both application and data environments, security and control and application resiliency in a continuous environment. A case study will provide depth and context.

Peter is currently responsible for the Distributed Engineering at JPMC, this covers servers, storage, data management, messaging, security software and web services. For the last twenty years he has been working in technology at a number of financial services firms, both in application development and infrastructure. Prior to that he held various positions in software research, operational research, consulting and the oil industry.

Stephen is global head of the Applied Analytics group in the Investment Banking Division of JPMC. The group is responsible for accelerating the performance of underlying strategic algorithms for trading and risk management applications. He has held various positions in other investment banks, for several years ran his own financial software company, having orginally joined the dark-side from academia. His current research interests are centred on robust decision making in the presence of uncertainty.