(Hedgeweek) The modern-day hedge fund typically consumes vast amounts of data and leverages its IT providers for next-generation tools and analytics to keep it at a competitive edge. And whereas the private cloud was deemed an ideal environment in which to run hedge fund activities, the pace of innovation in the public cloud arena, the inherent scalability it offers, and the vast army of technology professionals at its disposal mean that hedge funds are now questioning the virtues of using private managed services providers.
Change or Perish: the evolving demands of the modern Managed IT Service Provider
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