Securities operations: In-house or in the cloud?

Abstract

The architecture of IT infrastructure has evolved from what was once a mainframe system to personal computing in recent decades. As cloud computing proliferates in today’s environments, we see a reversion to the mainframe system. The level for computing and processing power in the asset management industry, and in general, allows for cloud computing to be widely used. The business of asset management can also allow a discipline of having low capital expenditure and minimising of depreciation assets. A cost-benefit discussion in this paper reveals many ways in which cloud computing makes sense from the facets of e-mail, file storage, and trading and accounting applications.