AC Capital Partners Tap Sun Grid

One of the latest customers to sign up for Grid capacity at Network.com is AC Capital Partners, an Irish asset management firm that has over $40 billion in asset-backed securities and other funds under its control:
“The software that AC Capital uses is called CDOSheet, and it is a financial risk and pricing modeling software program from CDO2. (CDO is short for centralized debt obligation, and it is probably about as meaningful to you as server virtualization hypervisor is to a banker.) As it turns out, CDO2, which is based in London, offers its software as a service and runs it on its own internal grid setup. But now that the Sun Grid has been extended beyond the United States, the company has decided to decommission its own grid and just host its software on the Sun utility.” Full Story

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About Rich
FlexRex began his life as a cartoon character I created a Sun Microsystems. As the world's first "fictional blogger," he appeared in numerous parody films that made fun of the whole work-from-home thing. Somewhere along the line, the Sun IT department adopted FlexRex as their spokesman in a half-dozen security awareness films for employees. So when I left Sun recently, I started FlexRex Communications, a Marketing company in Portland, Oregon.

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