20 April 2018
David Csiki

Data Cloud Tech Trends

David Csiki - INDATA

6Posts 21,301Views 0Comments

Widespread Adoption of Cloud-Based Technology on the Horizon

26 March 2014  |  5166 views  |  0

A recent survey from Oracle, Accenture, and others predicts the imminent and widespread adoption of cloud solutions by financial services firms!? Well, better late the never…  As usual, large organizations like those conducting the survey are the last to jump on the “trend” bandwagon while small organizations have already gone “all in” on the cloud. The truth of the matter is that the cloud is already a mature and widely adopted technology delivery platform within the financial industry. In fact, financial firms that are not using cloud solutions currently are at a distinct disadvantage as compared with their peers and this will only become more pronounced as time goes by.

While the cloud is essential for investment management firms to contain technology and operational costs, successfully manage growth, and demonstrate disaster recovery and sound business continuity planning practices to institutional investors, it is really only one part of the technology equation.  The next trend within our space will be investment managers harnessing the power of big data technology to differentiate themselves from their competitors.  As usual, small and nimble companies will lead the way and the successful money managers that anticipate the trend and go “all in” (much like picking their next investment) will be ahead of the game like they were with the cloud.

TagsTrade executionPost-trade & ops

Comments: (0)

Comment on this story (membership required)

Latest posts from David

Widespread Adoption of Cloud-Based Technology on the Horizon

26 March 2014  |  5166 views  |  0 comments | recomends Recommends 0 TagsTrade executionPost-trade & ops

The Nexus of Applying Experience to Inefficiency

14 March 2013  |  2676 views  |  1 comments | recomends Recommends 0 TagsTrade executionPost-trade & ops

Switching OMS's - Not as Daunting as One Would First Think

25 February 2013  |  3026 views  |  0 comments | recomends Recommends 0

Increased Transparency: Byproduct of Improving Technology

31 January 2013  |  2900 views  |  0 comments | recomends Recommends 0 TagsRisk & regulationPost-trade & ops

Compliance: More Important than Ever in 2013

22 January 2013  |  2810 views  |  0 comments | recomends Recommends 0 TagsRisk & regulation

David's profile

job title Managing Director
location San Diego
member since 2012
Summary profile See full profile »
In the role of managing director, Dave maintains a constant pulse on the changing technology and operational needs of investment firms to support the entire investment management process. He has a com...

David's expertise

Member since 2006
6 posts0 comments
What David reads
David's blog archive
2014 (1)2013 (4)2012 (1)

Who's commenting on David's posts