I recently read in Security Technology Monitor about NYSE’s new cloud computing offering.
I truly believe this is the way of the future. For years, discussions have been going on about the use of the “Cloud” in enterprise environments. The adoption has been slow but cloud services have made gains even as it suffered a few set backs (Amazon Cloud Failure Takes Down Web Sites). Slowly, hedge funds and other firms have started to leverage the use of cloud computing for various tasks.
NYSE latest offering would fall in the category of “Specialty Cloud” and could definitely revolutionize the market. The Quants, already surrounded with good programmers, can now lease first class computing power, directly inside NYSE’s datacenters, provide fast access to SuperFeed and all it’s market data. No need for a big infrastructure deployment, no need to worry about power and cooling and everything it comes with.
Computing is more and more becoming a commodity and offerings like this only solidify what started years ago.
[…] NYSE’s announcement, Savvis now came out with a press release launching the initial phase of Savvis Markets […]