by Abacus Group, on Jun 21, 2013
by Abacus Group, on Jun 21, 2013
Cloud computing has quietly permeated a wide range of financial technology offerings as evidenced by the SEC’s cloud-based, industry-wide market data analysis system, and third-party product news at the Sifma Tech 2013 technology conference, which took place this week in New York. Vendors say the greater acceptance of the cloud among buy-side firms, which were initially skeptical, follows a deeper grasp of the savings in IT management and maintenance, and the disaster recovery/ business continuity benefits of cloud-based and hosted services.
Read more on FTF News: FTF News: The Sifma Wrap
Founded in 2008, Abacus Group is an innovative, award-winning IT service provider focused on helping alternative investment firms by providing an enterprise technology platform specifically designed for the unique needs of the financial services industry.