Site Map del.icio.us Blog this page


Nasdaq strikes cloud deal with Amazon to cut clients' data costs

published Tue, Sep 25 2012 05:27 GMT
LONDON (Reuters) - Nasdaq OMX on Tuesday launched a cloud computing platform built by Amazon Web Services which it said would allow its trading clients to cut the cost of storing financial data. The system, FinQloud, is a response to regulators' growing demands that companies provide more granular data on their trading activities. Policymakers in the United States and Europe want banks and brokers to provide them with more detailed information on their day-to-day operations to help authorities spot illicit or risky trading patterns. ...

Click for more articles from news.yahoo.com