Credit Suisse Joins OpenFabrics Alliance

Leading Wall Street Firm Takes a Leadership Role in the Development of an Open-Source, High-Performance Interconnect Software Stack:L The OpenFabrics Alliance (OFA), an industry organization focused on the development and enterprise adoption of a unified, open-source software stack for high-performance server and data transport technologies, today announced that Credit Suisse (NYSE:CS), a leading global financial services company, will join as a promoting board member. The addition of Credit Suisse to the Alliance signifies the growing commercial recognition of the value of a unified software stack for high-performance network technologies including InfiniBand and iWARP (RDMA-over-Ethernet) for interconnecting grids of multi-tier servers and storage. “The growth of applications requiring high-performance, low-latency networks for servers and storage in the financial services community is well-known due to the continuing increase in market data volumes,” said Rich Zaloom, CTO of Credit Suisse. “An interoperable open source software stack is necessary for the most robust IT infrastructure, and it provides the flexibility to seamlessly integrate multiple financial solutions as needed. As a user of this technology, we look forward to partnering with other industry leaders on this initiative through the OpenFabrics Alliance.” Credit Suisse was a founder of the High Speed Interconnect Roundtable, an open forum for end-users to express their requirements to the high-performance computing industry. Credit Suisse continues to test and validate the OpenFabrics Enterprise Distribution Linux software stack, and now, as a Board member of the Alliance, Credit Suisse will provide direct end-user direction to the future development and qualification of OpenFabrics software for both Linux and Windows. “The OpenFabrics Alliance has significantly benefited from the inputs and guidance we’ve received from our distinguished list of national laboratories who are consumers of our technology,” said Jim Ryan, Chairman of the OpenFabrics Alliance. “To have Credit Suisse, our first board member from financial services join our organization clearly shows the increasing applicability of our software expanding from traditional high-performance technical computing into enterprise grids.” The OpenFabrics Alliance will create a new group within the Alliance -- Banking and Financial Institutions -- where Credit Suisse will be the founding member.