Cloudburst Expected on Wall Street | Xignite Raises $10M
When not moonlighting at Chaotic Flow and Cloud Ave, I’ve been toiling away at Xignite for the better part of the last three years, and I’m happy to announce that the company has successfully closed $10 million in B round funding. The round was led by of Starvest Partners‘ Deborah Farrington who is #77 on [...]
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.
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.
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.
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.
The Market Data Sweet Spot for Cloud Computing
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?
