AbsoluteReturn – Hey, you, get on my cloud

By | February 12, 2010

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.

Full Article Here

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