First came the pandemic, then murder hornets, and now a lively hurricane season. This year could not get any worse. My bad. Regtech consultancy JWG and data-cloud provider Cloudera have issued a white paper that warns of the looming “Great Infrastructure Crisis” earlier this week. The industry’s further adoption of cloud computing since the 2008 global…
Tag: cloud computing
Architecture, Trading
Seeding the Front-Office Clouds
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•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…
Architecture, Current Events, Design, Regulations
TGIC: Thank Goodness It’s Cloud
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•I’ve been pretty silent this week due to Hurricane Sandy. It hasn’t been because I’m still one of the thousands of residents in Hoboken, NJ without power and Internet access. Luckily, I planned a four-day visit to see family before Sandy hit. Now it has turned in to an 11- or 12-day visit. So far…
Architecture, Current Events
East Coast EC2 Suffers Another Power Outage
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•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…
Architecture, Fi-Tech Culture, Trading
Checking Out of the Hedge Fund Hotel
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•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…