Download this Complimentary Special Report from Greenwich Associates
Cloud Computing for the Buy Side - Moving Beyond the Myths
Cloud computing technology is not new by anymeans, nor is it new to the financial sector, as many even argue its use can be traced back to the founding of Bloomberg and widespread use of mainframe computers in the 80’s. However it is, according to this new report by Greenwich Associates, being under leveraged in buy-side firms when it comes to compute intensive quantitative tasks that depend on the flexibility and scale that are the calling cards of this technology.
This report by Greenwich Associates is an exploration of the adoption, potential, and usage of cloud computing technology by buy-side firms, and is the product of interviews with 486 traders at buy-side firms globally as well as buy-side technology professionals and cloud service providers.
Key highlights include:
Perceived compliance, security and organizational culture barriers to cloud adoption
Regulatory complexity and growth in structured product trading driving demand for compute intensive calculations
IT budgets are not keeping up with demand for computing power
Opportunities for focused adoption to reduce hardware spend
Risk.net On-Demand Webinar | Tech Revolution: Equipping Institutions For Risk and Regulatory...
Thinking Derivatively – November 2023 Newsletter
Thinking Derivatively – October 2023 Newsletter
Thinking Derivatively – September 2023 Newsletter
Thinking Derivatively – August 2023 Newsletter
Risk.net On-Demand Webinar | Cloud Control: Optimising Cloud for Risk Management Gains
Sibos 2023
Thinking Derivatively – May 2023 Newsletter
The Wave | Numerix’s Nestor Nelson on Tomorrow’s Cloud
Our Experience Towards AWS Adoption
Risk Hong Kong 2023
Thinking Derivatively – March 2023 Newsletter