It appears that just about any technology you use in your personal life touts some aspect of “cloud”. From Google Drive and DropBox to iCloud and OneDrive, companies are allowing users to wizard away their data to these services that magically don’t exist within their personal devices. One may assume that cloud services are simply storage solutions where you can move things into the safekeeping of a company. But of course, this is just the tip of the cloud iceberg. At Hentsu the cloud is our business so we’ve written a few tips to help clear up some of the confusion regarding what else a “cloud” service can be.  
  1. Grid Computing: Fancy speeding up number crunching and relieving your poor hardware from stressful workloads? Then move your work off to a grid computing service! These clusters of computers share a workload between themselves, freeing up your machine’s capacity. Services such as Google’s BigQuery and DataLab allow for large sets of data to be processed and analysed with all the power Google can muster, in a cost-effective manner. Provisioning compute clusters in the cloud has far less set up time and upfront costs compared to their in-office counterparts.
  2. Software as a Service (SaaS). Need some software now? You may not need to download it! Some companies offer fully functional software from within browsers or via remote connection. Office365 and similar services allow users to create Office documents from their web browser or phone without downloading anything to their machines. These documents are even backed up online and easily sharable with URL links, allowing multiple people to edit the same document at once. SaaS isn’t limited to documents, anything from monitoring tools to communication can be provided as a cloud based service.  Better still, the software provider will take care of all maintenance and updates.
  3. Infrastructure as a Service (IaaS). Companies and individuals don’t always have the right hardware they need to operate as desired. Hardware also represents a big upfront expense and a maintenance burden. How about you let someone else take care of all that? Whereas SaaS allows you to make use of software not on your machine, IaaS lets you make use of infrastructure you don’t physically have. Companies such as Amazon and Microsoft have created professional grade virtual networking environments where you can deploy virtual machines and large data stores without the overhead of maintaining a datacentre.
  So yes, the cloud can be where you store and share your photos, but it can be so much more. Here at Hentsu we specialise in cloud technologies and have a wealth of experience helping organisations move their operations from traditional platforms to the cloud. If you think your business may benefit from any aspect of the cloud then feel free to get in touch, we can ensure you end up with the services right for you.

Date/Time

Date(s) - 01/01/1970
12:00 AM - 12:00 AM

Location

600 5th ave. NY, NY
Cloud infrastructure is ready for prime time - AWS for hedge funds is rapidly becoming "the new normal" no-brainer, providing an enabling technology platform to address many of the business challenges faced by managers. Running a hedge fund has never been more challenging. To start with, markets have been very unpredictable. Central bank policies across the world have played a key role in driving (or arguably distorting) asset prices, not only in fixed income and currency markets but also in other asset classes. The competition has also evolved. The rise of the ETF industry has made it cheaper for investors to track benchmark indices, and even introduce some degree of model-based active management through intelligent beta finds. At the same time, an industry that historically has been unregulated is now coming under the watchful eye of financial watchdogs – triggering a corresponding increase in compliance costs for fund managers and operational burdens spanning a range of activities, from registration through to record-keeping and reporting. So with alpha discovery proving more difficult, the pressure to justify fees coming from cheaper investment vehicles, and costs on the rise because of new compliance requirements – smarter and more agile use of technology is more critical than ever. Sadly, many fund managers and vendors are still bogged down with legacy systems and solutions that are complex and inefficient to manage. They are under the illusion that owning and operating one’s own server and network infrastructure offers some form of an advantage when the opposite is in fact true. What’s needed is a new approach; an agile way of solving fund manager problems using new technology architectures. That is why we founded Hentsū. Our vision is to deliver hedge fund technologies that are agile, secure, compliant, scalable, resilient, and cost-effective. Building solutions that maximize the benefit offered by cloud infrastructure providers like AWS, for hedge funds.

3 Quickfire Benefits of AWS for Hedge Funds and Financial Services

Here's a quick overview of the public cloud benefits for financial services and hedge funds: Grid Computing Similarly to financial services firms, hedge funds can utilize AWS to expand on-premises grids to the public cloud. As an alternative, they can build cloud-native grids. The objective here is to right-size compute for factors such as risk and stress testing, trading strategy development, and portfolio management. The result is gaining the adaptability to regulatory changes. Other crucial benefits are getting more precise risk insights, quick responses to market events, and so on. What is Grid Computing? ML (Machine Learning) When utilizing AWS for a hedge fund business, Machine Learning can be a huge component to drive things forward. AWS includes various machine learning (ML) services, which focus on digital transformation. The result is improving algorithmic models, portfolio management, and data analysis. ML in Trading Modernizing Legacy Systems with Agility and Scale Public cloud services such as AWS, help hedge funds, and financial services modernize their legacy systems (and applications), as they wade through the dynamic market. With the tools and services offered within the AWS suite, these companies can accomplish attain better operational flexibility, while decreasing cost substantially. Refactoring Legacy Applications If those qualities are what you look for in your IT systems, get in touch. Chart your own cloud adoption strategy and roadmap by discovering more valuable benefits of the public cloud.

Date/Time

Date(s) - 01/01/1970
12:00 AM - 12:00 AM

Location

600 5th ave. NY, NY