INDOS Financial, a London-based start-up specializing in new depositary services for offshore hedge funds, is trusting cloud technology for IT support from basic networking to the applications it uses for the oversight and cash flow monitoring of its clients.INDOS is using the Eze Managed Suite offering supported by the Eze Private Cloud service of Eze… Read More >>
The 2013 Sifma Wrap
Cloud computing has quietly permeated a wide range of financial technology offerings as evidenced by the SEC’s cloud-based, industry-wide market data analysis system, and third-party product news at the Sifma Tech 2013 technology conference, which took place this week in New York. Vendors say the greater acceptance of the cloud among buy-side firms, which were… Read More >>
Q&A: A Common Framework for Ops Data?
FTF News recently spoke with Virginie O’Shea, an analyst with market research firm Aite Group, who covers data management and post-trade technology issues. In this Q&A, O’Shea focuses on the operational data management issues that are heating up as regulators apply pressure and margins tighten. She also references an upcoming Aite Group report on investment… Read More >>
Is the Cloud Causing Layoffs in the Back Office?
More buy-side firms than you think are moving IT infrastructures and operations to the cloud and then laying off back-office staffs. So says Todd Gottula, executive vice president and chief technology officer for Advent Software. Tighter margins are compelling firms to find efficient ways to “manage disparate systems” and the cloud option is getting popular,… Read More >>
Tackling Corporate Actions via Cloud Computing
For Henry Napier, a vice president overseeing corporate actions processing for The Industrial and Commercial Bank of China Financial Services (ICBCFS), mornings were a little busy because of a system that was essentially manual. “Basically, what we would do in the morning is spend several man hours pulling up internal data,” says Napier, who is… Read More >>
Green Clouds on the Horizon?
Financial services firms are prepared to spend money on cloud computing for disaster recovery/business continuity (DR/BC), email and mobile computing as many of them foresee clouds in their futures. But they are reluctant to move key middle and back office functions to the cloud as concerns over security have spiked in the year since FTF… Read More >>
Win an Apple TV by Completing our Short Cloud Computing Survey
Financial Technologies Forum is holding its 3rd Annual Cloud Computing on Wall Street Breakfast Briefing on February 15, 2012. In preparation for the event, we are conducting a brief follow-up survey to the one we did a year ago in order to update you on where the clouds will be this year and where the… Read More >>
Resultant Capital Partners Rides a Private Cloud
At first glance, private cloud computing and hedge funds would appear to be a marriage made in heaven, especially for small-to-medium sized funds. The financial, operational and time-to-market advantages alone would seem to carry the day. But, before they tie the knot, hedge funds want providers that specialize in their business needs.Such is the case for a… Read More >>