This article talks about adoption of cloud computing by hedge funds. Most agree it has a place, but that place is limited. A clip:
Kevin McPartland, a senior analyst with the research and advisory firm TABB Group, says one function that may not be cloud-ready is trading. Placing trade-order management or execution onto servers in a cloud can add time to the process. Being late to a trade—even by a fraction of a second—can often be costly, and that concern is enough to deter most hedge fund users, McPartland says. “It is pretty likely that almost no one is using a cloud to run a trading application. It is just too slow,” he says.