RBC and Borealis AI announce new AI private cloud platform

By Foteini Agrafioti
Published November 18, 2020 | 2 min read

RBC and its AI research institute Borealis AI, recently partnered with NVIDIA and Red Hat on a new infrastructure to support machine learning research and development at RBC.

The new AI private cloud provides Borealis AI’s team of researchers and engineers access to state-of-the-art high performance computing (HPC) resources, helping RBC transform the customer banking experience and tackle increased customer demands and ever-changing industry requirements.

The goal was to build an AI cloud that could handle both research and production workload, ensuring that Borealis AI’s research projects could transition to production efficiently. It encompasses two GPU clusters to accommodate the distinct needs of Borealis AI’s research and production work.

This new AI private cloud has the ability to run thousands of simulations and analyze millions of data points in a fraction of the time than it could before. The flexible and highly reliable self-service infrastructure will allow RBC to build, deploy and maintain next-generation AI-powered banking applications.

The platform is powered by Red Hat OpenShift and NVIDIA’s DGX AI computing systems. It will help reduce the learning curve, and financial forecast analysis can be performed in days.

The platform has already improved trading execution and insights, helped reduce client calls and has resulted in faster delivery of new applications for RBC clients, and has the potential to benefit the AI industry in Canada, beyond RBC and financial services.

Foteini Agrafioti profile image
Modern AI cannot exist without access to high-performance computing. This collaboration means that we can conduct research at scale and deploy machine learning applications in production with improved efficiency and speed to market."

Foteini Agrafioti, Chief Science Officer, RBC, and head of Borealis AI

For more information and the full article, click here.

Foteini Agrafioti

Foteini Agrafioti
Chief Science Officer at RBC, Head of Borealis AI

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