Large Hedge Funds Find a New Home in the Cloud

by Abacus Group, on Aug 8, 2012

We've entered the next phase of the age-old "buy vs. build" debate. Owning and operating on-site IT resources comes with a heavy cost, leading many investment managers to evaluate cloud-based IT solutions for their businesses. Security, privacy and application performance concerns that once plagued cloud providers have been alleviated, and the hedge fund industry is embracing the cloud at an increasing rate to embrace new levels of cost predictability, business continuity and scalability.

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Topics:NewsPrivate Cloud


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