Wall Street & Technology: February 2012
EMBRACING CLOUD: Facing declining revenues and increasing pressure on capital expenditures, many Wall Street organizations are warming up to semi-public cloud offerings.
Table of Contents
Cloud Watching: As Wall Street continues its wild ride, capital markets firms are looking to cut spending in order to prop up the bottom line. Targeting the enormous costs of building and maintaining data centers and server farms, more and more Wall Street organizations are looking to outsource parts of their infrastructures to the cloud. And increasingly, financial services firms are warming up to private clouds run outside their firewalls.
What Went Wrong? Breaking Down Thomson Reuters Eikon: Tabbed as the future of the company, Thomson Reuters' next-generation market data platform, Eikon, has been off to a sluggish start, and several executives have paid the price. But Philip Brittan, the man in charge of the Eikon group, says the company's commitment to the product has never waned.
Anatomy of A Data Center (Photo Gallery): DFT's NJ1 facility in Piscataway, N.J., comprises 360,000 square feet of LEEDcertified, energy-efficient data center space. Home to a growing number of financial industry clients, including the NYSE, the data center is designed to lower costs to tenants. WS&T takes you along for a behind-the-scenes look at the facility.
Securing Advent's Legacy: Founder Stephanie DiMarco will step down at the end of June as Advent's CEO. In an exclusive interview, she explains why she's stepping down, reflects on the company's impact on the investment management industry over the past 30 years and discusses her plans for the future.
PLUS:
Wall Street IT Pros In Strong Demand
How to Measure IT Productivity
Larry Tabb's Suggestions for Fixing the Futures Market
The Cloud's Time Is Now
And more ...



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