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This brings me right back to June of 2009, as the markets started to spoil and the derivative markets fells to shambles. A few hapless souls in Baltimore would
by tmnstr85 3y ago
This brings me right back to June of 2009, as the markets started to spoil and the derivative markets fells to shambles. A few hapless souls in Baltimore would be tasked with manning 2 standing 12 hour shifts for as many weeks as it would take to properly reconcile what could only be described as a tsunami of unreconciled data for a single large custody player in the sub-prime markets. It took about 4 months, and went through several phases of rebalance but we got it done. As I look across the landscape of LLM, the word "context" screams back at me. I think the processing power involved to make all the poor choices necessary to find the right choices and wonder how that could've been done without a teams of people thinking about the same problem from many perspectives.