cloud computing explored for investment firms
DESCRIPTION
Developed for investment firms, this presentation defines cloud computing, looks at public, private and hybrid clouds, and outlines the different types of services delivered including Software as a Service, Platform as a Service and Infrastructure as a Service. It also outlines the considerations for application hosting and gives the questions a firm should ask potential hosting partners.TRANSCRIPT
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
Headquarters
Additional
Boston
New York City, Chicago, Dallas, Geneva, Minneapolis, Los Angeles, San Additional Offices Francisco, Singapore, Stamford and London.
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?
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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?
| Where Technology and Trading Converge12
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?
| Where Technology and Trading Converge13
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
| Where Technology and Trading Converge14
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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