Throwback Thursday: History of the Eze Private Cloud
Less than ten short years ago, Eze Castle Integration saw a shift in the market and gap in the cloud space. Firms had to hire multiple third-party vendors to fully outsource their IT needs, public cloud environments fell short of hedge fund security demands and service level contracts varied drastically. Fast-forward to today, and that very same spark of ideation has progressed to completely revolutionize hedge fund IT. In the spirit of Throwback Thursday, today we're reflecting on the journey and growth of our very own Eze Private Cloud.
In 2005, Eze Castle built and deployed the first hosted cloud platform for a large hedge fund based in New York City in 2005. By 2007, 18 funds spun out from the initial firm, each selecting Eze Castle as their trusted cloud platform provider. The following year, the company began building the foundation for the Eze Private Cloud. The same year marked the opening of Eze Castle’s hedge fund hotel in New York City. The environment, which supported more than 200 users, united the company’s cloud computing platform and fully managed office suites for startup funds.
In 2009, Eze Castle officially launched its Eze Private Cloud, making it a landmark year for the company. This new solution provided a fully hosted IT platform for hedge funds and investment firms across the U.S. Combining a high performance, fully redundant infrastructure with the industry's best IT experts enabled the company to manage over 30 applications within the Eze Private Cloud by 2010. Today, that figure has increased by 285%.
In 2011, the Eze Private Cloud expanded its presence overseas to support end users in the UK and further expanded in 2012 to Asia. The following year, the Eze Private Cloud grew more than 300% in number of both clients and users, and today it supports thousands of hedge fund users worldwide. This year, Eze Castle released the next generation of its cloud-based voice solution, Eze Voice. Additionally, we expanded our cloud offering to include Microsoft and Varonis applications. These new offerings provide collaboration, unified communications, file-sharing and security applications.
Since its official launch in 2009, the Eze Private Cloud has evolved into the highest performing cloud platform available and industry standard for hedge fund cloud computing. Over the past two years, the company has received 24 industry accolades for technology provided to financial services firms, including the following awards:
Best Managed Technology Platform: Hedgeweek USA Awards
Best Cloud-Based Services Provider: WatersTechnology Rankings
Leading IT Infrastructure Provider: Hedge Fund Journal
Best Cloud Computing Solution: HFMWeek US Hedge Fund Services Awards
Today, the platform is powered by state-of-the-art technology from VMware, Cisco, Dell, and NetApp. Eze Castle’s strong partnerships with these trusted vendors allow us to provide the highest quality, secure cloud computing experience to all clients. We continuously invest in and enhance our global financial cloud platform to ensure we are providing firms with secure, resilient, available and robust IT infrastructures.
Additional resources you might find valuable:
- Why Billion Dollar Hedge Funds Are Going Cloud