Banks and Buy-Side Firms Encounter Challenges with Public Cloud Adoption

Moving to the public cloud is not as simple as flipping a switch. Anthony Malakian speaks with early public cloud adopters to find out some of the lessons they’ve learned along the way.

Chicago-based futures trading software vendor Trading Technologies (TT) had spent over two decades building out its flagship X_Trader platform. So, when the vendor decided to completely change course and phase out the monolith, hard-install trading platform in place of a software-as-a-service offering built using a cloud architecture, it surprised some, including people within the four walls of TT. 

By 2012, when the company made this decision to change everything, cloud computing was hardly

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