While the potential benefits of cloud computing, such as resource flexibility, are appealing to many IT executives, security and regulatory concerns are either limiting or preventing its use by Wall Street financial firms. That was the consensus of many attendees at the High Performance Computing in Financial Markets Conference held here Monday. Mats Andersson, CTO of Nasdaq’s OMX Exchange, said Nasdaq uses cloud computing systems, but only inside the company’s firewall and only to access […]
securities and exchange commission
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Cloud Computing can help your business reduce costs as you don’t have to invest in hardware and other physical infrastructure, your data is stored on a secure location and you only pay for what you use – there are no licensing fees associated with cloud computing. Legal Issues associated with Cloud Computing That said, there are some important legal issues that must be taken care of before you sign-up with any of the cloud vendors […]