Cloud Computing Proving To Be Major Resource For Hedge Funds

by Abacus Group, on Mar 7, 2013

As we near the end of Q1 2013, hedge fund managers continue to generate higher returns. Following several years of sub-par performances from global hedge funds, investment managers have turned to cloud computing and infrastructure-as-a-service providers to not only cut costs, but also boost productivity. Many of the concerns that managers once had about migrating to cloud-based IT solutions, such as security, privacy and application performance, have been alleviated, and the benefits, such as cost predictability, business continuity and scalability, are tangible.

Read more on CloudTweaks: Cloud Computing Proving To Be Major Resource For Hedge Funds

Topics:Managed Service ProvidersNewsPrivate Cloud
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