From burst to bust: What happens when cloud runs dry?
After years of initial resistance, the capital markets have come to depend heavily on the compute capacity of the public cloud. But increasing market volumes are rapidly outpacing the cloud capacity that organizations thought would be sufficient for years to come, causing firms to be more critical about how they assess cloud services and providers.
At its technology conference in June, industry regulator Finra revealed a startling statistic—the amount of information being collected to support the Securities and Exchange Commission (SEC)-mandated Consolidated Audit Trail (Cat) of all US equities quote and trade data was straining the limits of the capacity it had provisioned in Amazon Web Services’ public cloud to run the Cat.
“The peak volumes of the Cat have exposed some scalability issues in the public cloud. Volumes keep going up. When
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Emerging Technologies
Waters Wavelength
Waters Wavelength Podcast: IBM’s Likhit Wagle on modernizing mainframes
IBM’s general manager of global banking and financial markets joins the podcast to talk about the importance of modernizing mainframes.
Subscribe to Weekly Wrap emails
Most read
- Top venues mull offering joint EU consolidated tape for bonds
- The future of algo trading: Using deep learning to more accurately predict equity market volumes
- In pursuit of API-ness: Rise of API interfaces hints at data platforms of the future
- Waters Wavelength Podcast: IBM’s Likhit Wagle on modernizing mainframes
- Waters Wrap: Nasdaq, Quandl and the next phase of the alt data craze