Cloud Strategy for Financial Markets and Exchanges
The three largest US exchanges, NASDAQ, NYSE and CME Group have all recently announced significant cloud initiatives, but financial markets as a group have been slow to get on the cloud bandwagon. Too slow given the potential benefits to their customers and their own needs to increase revenue, market transparency and competitive advantage.
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NASDAQ OMX Serves Big Historical Stock Data from the Cloud
Every day automated trading creates mountains of historical stock data that traders must store and manage for trade execution, compliance, and modeling trading strategies. You’d think it would all be on the cloud already, but it isn’t.
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The Financial Services IT Crush: Too Much Data, Too Many Apps, Too Little Time
Financial services IT departments are experiencing quantum leaps in data volume and application complexity. The cloud in all its flavors: SaaS, PaaS and IaaS, public and private, offers the most promising refuge.
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Saving Time vs. Saving Money on the Cloud
Cloud computing promises to help businesses do things better, faster and cheaper. However, when presented the choice of doing things better and faster versus doing things cheaper, competitive growing businesses consistently choose time over money.
Banking Technology Forecast is Partly Cloudy
Given all the hype about regarding cloud computing, it refreshing to see some real data. So, if you are a banking IT professional, you might want to take note of the recent survey conducted by Banking Systems and Technology in partnership with Information Week.
To Cloud or Not to Cloud in Financial Services
Cloud computing has graduated from technical curiosity to technology trend. However, most financial services IT professionals are still taking a cautious approach to cloud computing.
NASDAQ, CME Group, and BG Cantor Leap Onto The Cloud
As most members of the financial technology community ponder their cloud strategies, NASDAQ OMX, CME Group and BG Cantor are taking the lead with bold on-demand market data cloud initiatives.
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