Capital Markets Community Platform aims to aggregate exchanges, broker dealers and buy-side participants. NYSE Euronext on Wednesday formally announced a cloud computing partnership with EMC Corp. and VMware Inc. intended to allow financial firms to rent computing power and access services through NYSE’s new data center. The new feature, dubbed Capital Markets Community Platform, aims to aggregate exchanges, broker dealers and buy-side participants through the fast-growing technology trend known as a cloud computing. This platform […]
Wall Street
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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 […]