Below is an excerpt from our whitepaper, Is Hybrid Cloud Right For Your Firm?. If video is more your style, scroll to the bottom and watch our 30-minute webcast on hybrid cloud considerations for financial and investment firms.
With its security, privacy, and performance, the private cloud has been the go-to option for financial and investment firms that require enterprise-caliber IT infrastructure. In most cases, that private cloud is professionally managed by a service provider solely focused on monitoring, managing, and maintaining that infrastructure to meet business requirements and compliance directives. Thus, firms benefit from seasoned, industry-experienced professionals who live and breathe financial IT.
For many firms, so-called public cloud infrastructures offer compelling opportunities and advantages. For many smaller and younger firms in particular, the flexibility and ease of deployment are persuasive drivers. What’s more, the initial costs appear to be lower for certain feature sets (although an analysis of the total cost of ownership indicates that advantage is less clear-cut).
Hybrid Cloud: Bringing Them Together
Fortunately, investment firms needn’t take an “either/or” approach to their IT infrastructures. With a hybrid cloud approach that combines many of the most compelling features of public and private clouds, firms can leverage a uniquely flexible platform that meets a broad range of needs.
Which Cloud Has the Edge?
The decision regarding your IT infrastructure has significant implications on the ability of your investment firm to gain and maintain a competitive advantage. As you weigh your options – public, private or hybrid – it can be beneficial to consider the following aspects of cloud architectures and weigh their importance as unique to your individual firm.
Last month, the Eze Castle Integration team in London celebrated its 10th anniversary. The momentous milestone was marked with a staff party at a traditional pub on the River Thames with panoramic views of the city. I recently sat down with Simon Eyre, director of service, who was one of the three employees transferred over from New York to help setup the London office, to talk about the ten years in an ever-changing technology landscape and look into the future.
Wishing all of our clients, partners and friends a happy and safe Fourth of July!
Categorized under: Communications
Technology is only effective if it’s supported by a robust network infrastructure. And despite that you can’t see it, your network is one of the most powerful (and underrated) components to your IT operations.
During a recent webinar, Eze Castle Integration's VP of Network Services, Mike Abbey, discussed trends in networking technology and highlighted the power behind your firm’s network. Some areas he explored during the 20-minute discussion include:
How private networks differ from traditional Internet lines
Why global private networks are particularly advantageous for financial and investment management firms
How Internet of Things devices - and the multitude of devices in general - are impacting network infrastructure requirements (speed, bandwidth, etc.)
What benefits/advantages firms can gain from direct peering and connectivity
Watch below or click here for our full webinar.
In today’s market, the pressure from both investors and regulators is at a steady incline. Reporting obligations have grown complex, transparency is in high demand and compliance technology has become a vital component to a firm’s success. With various demands tug-o-warring hedge fund managers in multiple directions, a Client Relationship Management (CRM) platform could be the solution your financial firm has been searching for.
That is why firms are increasingly adopting Ledgex CRM, the revolutionary, stand-alone Client Relationship Management solution offered by our sister company, Ledgex Systems. Ledgex CRM is ideal for managing and tracking investor communications, sales pipelines, client relationships and capital movements. The highly configurable, centralized platform is tailor-made for hedge funds, family offices and asset allocators.
The product offers the sophisticated Client Relationship Management capabilities necessary to raise and retain more assets, maintain and grow clients, provide outstanding client service and meet heightened reporting requirements. Out of the box, the web-based solution delivers efficiencies, transparency and flexibility without increasing headcount or costs. By streamlining investor relationship management and capital activity, Ledgex CRM enables managers to optimize their time and focus on fostering relations and growing business.
Voice over IP has come a long way, especially in the business world, but many financial services firms still have hesitations about making the switch. To assist hedge funds and private equity firms in making a decision about voice solutions, we're debunking some common myths.
MYTH 1: Poor Call Quality – Everyone Will Know I’m on VoIP
A main concern of VoIP is call quality, which can be impacted by a number of features including the network, available bandwidth and even the type of phones being used. However, a well-designed business-caliber VoIP system can deliver quality of service comparable to an in-house phone system. In business settings, where calls are made over private IP connections, Quality of Service (QoS) can be monitored and guaranteed because the entire IP connection is controlled by the party making the call.
When evaluating VoIP for financial firms, it is important to inquire about the underlying network and how voice traffic is prioritized and routed. You want a provider that has full control over network traffic and can ensure high quality of service. For added confidence, ask to speak with existing VoIP customers (over the phone!) to hear about their experiences first-hand.
With the gravitation towards all things cloud, understanding the role a global network plays in all layers of connectivity is crucial, especialy for the financial sector where firms rely on low-latency and seamless access to counterparties across the globe.
So, as we often like to do here on the Hedge IT blog, we turned to the experts.
Mike Abbey is the vice president of network services here at Eze Castle Integration. He joined the company in 1999 and is currently responsible for ECINet, our global carrier class network platform. Mike also provides design consulting and best practice audits on fault tolerance and scalable optical, Ethernet, and IP-based networks, from single and multi-site domestic networks to multi-site, global deployments. He is a graduate of Binghamton University.
Q. Mike, what are you hearing from clients regarding networking and Internet services?
A. To be honest, most hedge fund managers don’t have the time – and don’t necessarily want – to grapple with the complicated intricacies of securing and maintaining an enterprise-class network or Internet service. That’s where my team and I come in. We help simplify this process for our clients using Eze Castle’s ECINet global private network.
Do you remember the Nokia 3310? C’mon, you know which one I’m talking about. It was that indestructible T9 phone that was a must-have back in the 2000s. It was a huge seller primarily due to its long battery life and its durability (as a result of its unique casing). Now more than 17 years after its original debut, the Nokia 3310 is being relaunched. Set to release in Q2 of 2017 we’re curious to see the hype behind this new, but old phone.
After scouring the Internet, here’s a list of why we think some people are getting excited for the return of this ‘old school’ device.
The following article originally appeared in HFMWeek's Cyber Compliance Focus.
It’s not enough to have strong security policies. And it’s not enough to have robust technologies in place to ward off cyber threats. In truth, it’s not even enough to have both of these.
An effective cybersecurity program, rather, can only be achieved through a consistent and comprehensive strategy that touches layers across the entirety of the organization – from perimeter security and access control to policy enforcement and employee training. Without each of these building blocks, the effectiveness of a cyber risk management program is crippled at best.
And today’s standards for cybersecurity are increasing rapidly.
We educate our clients all the time about how to keep their organizations secure and mitigate against insider and outsider threats. But one area of security often overlooked is that of the home office – and the home itself on a larger scale. With new technologies constantly being released – and many of today’s devices linked via the Internet of Things (IoT) – the likelihood of being hacked or having private information stolen also increases.
Emerging ‘smart’ technologies such as Amazon’s Echo and Google Home are making their way into many homes, making it simple to find for users to stay up-to-date on the latest news, ask for directions, or hear tomorrow’s weather forecast. The Echo’s voice assistant, Alexa, for example, can complete advanced tasks such as turning on lights and changing the temperature of your home.
But what if these technologies are jeopardizing the inherent privacy of your own home? Let’s take a look into the future.