by Abacus Group, on Mar 8, 2013
by Abacus Group, on Mar 8, 2013
Private cloud adoption is on the rise as hedge funds seek to take advantage of performance and economic benefits to scale more effectively, run operations more efficiently and focus on core business
.“The days of installing and managing technology in house are going away,’ said Chris Grandi, chief executive of Abacus Group, a provider of outsourced IT services to hedge funds. “There’s a strong trend on the part of hedge funds to put more investment into the cloud and consolidate technology using the cloud service environment.”