More and more news and opinions are coming out on NYSE’s new cloud offering or “Capital Markets Cloud Community Platform”.

Most, so far, are raising the same concerns: will capital market firms continue to fear and shun this community cloud platform like they have the more traditional clouds. I am not ready to pronounce myself on but I do strongly believe they should since cloud computing is pretty much here to stay. Building an entire infrastructure adds costs that prevent certain strategies from being profitable. Using a pay-as-you-go commodity computing, gives you more flexibility and allows smaller strategies and smaller firms to play on even foot with the big players.

• Wall Street and Technology covered the launch yesterday. They also have a follow-up article available.
• The UHFT blog is also covering the topic.
• FIN Alternatives also had a post on the topic.
• Story in FT.
• eweek.com.
• Forbes covers the announcement and looks are the perspective of Banks. We all know banks and hedge funds are two completely different animals. Some questions remains: Is the small firm / hedge fund community large enough to support this cloud offering and will banks jump onboard.
• MarketWatch.com
• The Datacenter Journal.

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.