Ex-UBS CTO Founds Cloud Startup

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"For 10 years, I've tried to bring Wall Street to the cloud; now I'm going to do it the other way around," says Brown, who will serve as chief executive and head of strategy of Street Scale IT Group. The new company is still in stealth mode, but will shortly come to market with partners from the finance world, he adds.

Before joining UBS in 2010, Brown spent two years as head of strategy, architecture and optimization at Bank of America Merrill Lynch, and two years as CTO of infrastructure at Cr