Cloud computing starts in financial services

In just a few years, cloud computing has shifted from a somewhat Yunshan mode of technology management to a key basis for changing the way business leaders properly evaluate the underlying technologies that underpin their growth. But what does cloud computing mean in financial markets, where service providers do not give a clear definition, and consumers in general don't understand the impact of cloud computing on the financial business.

Admittedly, early definitions and descriptions of cloud computing often rely on metaphors or analogies, without specific terminology and value definitions. The rise of the

Financial Cloud

2008 years of recession has become a catalyst for cloud computing to get more applications in the financial services industry. The main focus of the financial services industry at the time was cloud computing and its applicability in the industry. While the recession does add to a number of new cloud-computing adopters (most adopters want to deploy through cloud computing to achieve greater cost-effectiveness in depressed markets), there has been a long-term trend towards cloud computing over the past few years among hedge funds and private-equity firms. In these areas of investment, the early adopters of cloud computing often have relatively independent business models that give them greater flexibility in adopting new technologies and improving efficiency.

The success stories of early cloud users, such as some high-frequency trading companies in the early 2007, often used private cloud services for application hosting on dedicated hardware, raised concerns among other financial services companies about the applicability of cloud computing in the financial sector. In the early 2010, cloud computing in the financial services industry in the deployment of a turnaround in 2011, the financial services sector cloud computing deployment continues to increase, financial markets have been ready to meet the "cloud computing mainstream technology" era.

Especially last year, the prospects for cloud computing in the financial services industry began to emerge clearly. While some companies have announced the use of a public cloud to provide e-mail and calendar services, Spain's bank, BBVA, and Google are working together. But in the current position, the financial industry generally accepted the private cloud model.

Do not confuse private clouds with internal clouds, which enable organizations to improve efficiencies by leveraging secure, centrally managed global network and storage capabilities while allowing them to run business-critical applications using proprietary hardware. The private cloud computing model provides efficient security for users without adversely affecting performance and security.

Review the development of cloud computing in the financial industry

Looking forward to 2012, we will see how financial services users can leverage private clouds to improve efficiency, improve application and business services, and other key developments. In particular, we will see a clear cloud strategy from service providers. such as prime brokers, fund managers and exchanges. We have seen this trend in the 2011.

In April 2011, Conifer Nomura, the fund management and principal brokerage service provider, announced a partnership with Cloud-based software development provider Investcloud to launch a solution called icon To facilitate on-demand access to conifer fund management and prime brokerage services. This is done by using a private cloud.

The New York Stock Exchange announced the launch of its capital CMC Community platform platform in June 2011, the company's first foray into computer services. This platform can provide higher access efficiency for services by computing resources on demand.

This partnership will continue to grow in 2012. Application developers and service providers are increasingly bringing private clouds to market more quickly and efficiently. The private cloud will also speed up the application of these new technologies and services to meet users ' expectations.

As this partnership grows, private cloud services will become the dominant force in the financial services industry. The private cloud's third-party or independent vendors are better positioned to bring more benefits to their partners and customers.

(Responsible editor: The good of the Legacy)