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Security, cultural and regulatory barriers to the cloud are fading and the buy side is embracing the cost-benefits of virtualization, says Greenwich Associates.
A new convergence is underway to make cloud computing more palatable for buy-side firms looking for bottom-line cost savings as they face new derivatives-based demands for more compute power just as profit margins tighten and IT budgets flatten. At the same time, the security, business culture and regulatory barriers that have blocked the cloud are...
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