English to Chinese Tech/Engineering Computers: Systems, Networks

For derivative sellers like Wachovia, assessing risk and pricing isn't magic; the software that modeled its derivatives, grinding out the numbers, was complicated and needed to run thousands of what-if scenarios to determine end-of-day prices and to calculate the risk position for the derivatives portfolio. Locked into large, multiprocessor Unix boxes, the risk position calculation could take as long as nine hours. And throwing upgraded hardware at the problem wasn't going to help much. "It would have cut the time from nine hours to four and a half hours," says Mark Cates, chief technology officer for Wachovia's Corporate and Investment Banking group. "We needed it to run in under an hour."