Mon, Jan 23, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Hedge funds embracing cloud computing

Monday, August 01, 2011
Opalesque Industry Update - Eze Castle Integration has seen an increase in the number of hedge funds embracing cloud computing, reporting that 130 customers are now using the firm’s cloud for storing information.

The firm, which recently opened a New Jersey based data center at QTS, says that firm expansion is being driven by demand for cloud based services.

“We have seen evidence of the growing demand for the private cloud as well as technology and compliance solutions to meet the requirements of Dodd-Frank,” said Bob Guilbert, managing director of Eze Castle Integration in a statement released by the firm on Monday. “As new customers from around the world come to Eze Castle, we continue to prove that we can deliver the solutions and services that meet their needs.”

Perhaps the greatest feature of moving information to the cloud is that companies are freed from having their data tied to a physical location. The increasing global uncertainty may benefit cloud computing firms, as the ability to access information securely from remote areas makes disaster and business continuity planning even easier. Opalesque had heard that at the end of last week JP Morgan emailed employees to make sure that their emergency contacts and procedures were all in place, which we took to be an expression of concern in case the debt ceiling debate was not finished. Hedge fund firms with their data stored (either all or in parts) on the cloud are less exposed to problems such as natural or man made disasters.
Kirsten Bischoff

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised