cloud computing explored for investment firms

Cloud Computing & Application Hosting: p g pp g

Considerations for Investment Firms

Eze Castle Integration OverviewEze Castle Integration OverviewFounded 1995

Mission To be the leading provider of IT services and technology solutions to the g p gyinvestment community worldwide

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Phone 1.800.752.1382

Website & Blog wwweci comWebsite & Blog www.eci.comwww.eci.com/blog

Core Services • Strategic IT Consulting• Outsourced IT & Help Desk

• Business Continuity Planning• Disaster Recovery

• Professional Services•Managed Services • Cloud Computing• Startup & Relocation

• Compliance Solutions• Storage Solutions• Colocation Services• Internet ServiceStartup & Relocation

• Communications Solutions• Network Design & Management

Internet Service• E‐Mail & IM Archiving

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AgendaAgendaAgendaAgenda

Cloud computing definedd l d– Services delivered

– Public versus private clouds

Cloud computing challengesCloud computing challengesApplication hosting – Considerations or trade‐offs– Considerations or trade‐offs– Questions to ask vendors

Hedge funds and the CloudgQ&A

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What is Cloud Computing ?What is Cloud Computing ?What is Cloud Computing ?What is Cloud Computing ?

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Cloud Computing Key BenefitsCloud Computing Key BenefitsCloud Computing Key BenefitsCloud Computing Key Benefits

Reduced Cost – Pay per usage– Lower Capital Expenses

Cost effective

– Less Maintenance

Increased StorageFlexibleScalable

– Cloud can scale to handle sudden increased workloads

Fl ibilitFlexibility– Rapid delivery of applications

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Cloud Computing ModelsCloud Computing ModelsCloud Computing ModelsCloud Computing Models

Software as a • Highly scalable internet based applications are hosted on the cloud & offered as services

• Google Docs, Acrobat.com, Salesforce.com

Software as a Service (SaaS)

• Here the platforms used to design, develop, build & test applications are provided by the cloud infrastructure.

Platform as a Service

• Azure Service Platform, Force.com, Google App Engine(PaaS)

Infrastructure • In this pay per use model, services like storage, database management & compute capabilities are offered on demand.

• Amazon Web Services, GoGrid, 3 Tera

Infrastructure as a Service

(IaaS)

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Understanding Public and Private CloudsUnderstanding Public and Private CloudsUnderstanding Public and Private CloudsUnderstanding Public and Private CloudsPublic Cloud – 3rd Party on demand computing resourcesPrivate Cloud aim to address concerns on data security and offerPrivate Cloud – aim to address concerns on data security and offer greater control

– On‐Premise– Externally Hostedy

Hybrid Cloud – has the ability to augment a private infrastructure with cloud resources

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Cloud Computing ChallengesCloud Computing ChallengesCloud Computing ChallengesCloud Computing Challenges

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Cloud Computing

Agenda

What are some considerations or trade-offs for hosting applications in the Cloud?

What questions should customers ask vendors to ensure application performance is at the highest ensure application performance is at the highest standards?

Why do hedge fund clients want their applications hosted in the Cloud?

| Where Technology and Trading Converge10

Considerations or Trade-offs

What are some considerations or trade-offs for hosting applications in the Cloud?

Considerations for your SWOT Analysis: Control –firm knowledge, maintenance plans

Speed – what is the tolerance for latency?

Security – less control of security of data

Hi h A il bilit b k BCP DRHigh Availability – back ups, BCP, DR

Cost of ownership – is the cloud really cheaper?

Scalability – how quickly can you increase computing units? Scalability how quickly can you increase computing units? E.g. memory, storage, network?

Systems Integration – will there be any limitations or performance issues?

| Where Technology and Trading Converge

performance issues?

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Questions for Vendors

What questions should customers ask vendors to ensure application performance is at the highest standards?

Does your software work in a hosted environment? Issues with virtualization?

How is it deployed? Native over internet, Citrix?

Are there any limitations with this type of deployment? e g are there certain pieces of deployment? e.g. are there certain pieces of functionality that won’t work if remotely deployed / or display limitations?


Questions for Vendors

What questions should customers ask vendors to ensure application performance is at the highest standards?

How many clients have a hosted implementation?

Does the vendor have a hosting partnership program? Who are the providers, get references

Will the vendor help with a “proof of concept”?

Will there be any changes to the level of service?


Hedge Funds & the Cloud

Why do hedge fund clients want their applications hosted in the Cloud?

Expertise – core services e.g. mail, storage, high availability, compliance, etc & specialized services e g Unix administratione.g. Unix administration

Cost effectiveness – some services are cheaper to put in the cloud lower cap x for new equipmentput in the cloud, lower cap x for new equipment

Convenience – office moves, simplify high availability no maintenance of hardwareavailability, no maintenance of hardware

Hybrid approach – certain apps remain in-house


Thank YouThank YouThank YouThank You

Resources Speaker Contact Info

Cloud Computing eBookwww.eci.com/pdf/cloud_ebook.pdf

pJason NolanEze Castle Integration617.217.3402

Hedge IT Blogi /bl

617.217.3402 [email protected]

Michael Maguirewww.eci.com/blog

Knowledge Centers

Michael MaguireEze Castle [email protected]

www.eci.com/knowledge‐centerg @

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cloud computing explored for investment firms

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