Bloomberg’s Vault Cloud Service Goes Local
Grazed from WallStreeTech. Author: Greg MacSweeney.
While cloud computing has been around for a few years, many financial services organizations have been reluctant to move to the cloud because of security and compliance concerns.
On the regulatory front, financial services regulators are very concerned about where customer data resides. If a firm can’t identify where the data is being stored and used, regulators could take action. For instance, if data is being stored in a large cloud provider’s service, it may be difficult to identify where the data is or how it got there (did the data travel through another country on its way to the data center?)…


Although older generations might still view cloud computing as an emerging trend, their children take it for granted, largely forgoing physical devices for cloud services. We might as well come get on board and maybe change the world in the process.
Dell Extends Cloud Client Computing Portfolio with New Solutions Validated by Citrix