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By Joel York on August 23, 2011
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.
By Joel York on April 26, 2011
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.
Posted in Application Software, Featured Posts, Platforms | Tagged Algorithmic trading, big data, cloud computing, CloudBulls, Featured, financial services, Market Data, NASDAQ, NASDAQ OMX | 1 Response
By Joel York on October 12, 2010
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.
By Joel York on September 22, 2010
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.
By Joel York on September 17, 2010
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.
By Joel York on September 15, 2010
Optimizing and tuning the market data systems that keep this crucial information flowing smoothly and cost effectively is no easy task. What, if anything, can cloud computing offer to ease the challenge?
By Zoli Erdos on September 13, 2010
Today I have the pleasure of welcoming Joel York as CloudAve contributor. Joel has been in the Software business for 15 years in various Executive positions, and had become an early SaaS evangelist long before the SaaS term got coined. His Chaotic Flow blog focuses on SaaS, mostly from a Sales and Marketing prospective, and […]