Tag: cloud computing

Seeding the Front-Office Clouds

Two phrases that never seem to go together are “high performance” and “hosted cloud computing,” but two-year old startup Lucera looks to change the industry’s mind with its aptly named Compute offering. Most marquee cloud providers typically focus on driving down computing costs through server consolidation, explained Jacob Loveless, CEO of Lucera. “It’s very cheap in…

East Coast EC2 Suffers Another Power Outage

The violent storms that rocked the mid-Atlantic states last night and early this morning with the second punch in a rapid one-two-punch that affected East Coast users of Amazon’s Elastic Compute Cloud (EC2) and related offerings on the eve of the unofficial July 4th weekend. The Amazon facility that houses its Availability Zone for the…

Checking Out of the Hedge Fund Hotel

Most new hedge funds rather spend time readying their trading strategies for production than setting up their IT infrastructure. With the continued growth of hosted IT offerings, rolling out the necessary infrastructure has never been faster. In this latest Daly Post Podcast episode, Rob discusses this trend with Chris Grandi, a founder and managing director…

Trading from the Cloud: Been There, Done That

During yesterday’s TabbForum MarketTech conference Jeff Bell, executive vice president, clearing & technology at Wedbush Securities and CEO of Lime Brokerage, set the audience buzzing with his opinion that the industry would see mashup-based trading systems operating from a cloud environment in the future. He quickly qualified the statement saying that such a trading system architecture…