Business demands to outpace trading tech budgets in 2010

By | January 6, 2010

McPartland argues that because a completely virtualised and highly utilised infrastructure is still years away for sell-side equities technology, a large gap exists between what is currently possible and actually done. In that same vein, cloud computing will be a part of equity IT strategies in the future but security concerns leave it more interesting than useful.

In conclusion, he says: “Operating data centres, servers and networks with the utmost efficiency will not be a trend but the only way to do business. In 2010, the winning brokers will be those that not only have the latest and greatest technology, but can manage it most efficiently.”

Coverage: CNBCFinextraThe Trade NewsHedgeweekBob’s Guide

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