"We’re using the cloud to plan more effectively," says Philip Jacob, senior director of risk management at Axioma, New York, who spoke at a CIO panel sponsored by Intralinks yesterday and then in a follow-up interview. The company is building a multi-asset-class risk management system for calculating potential losses on large books of complex assets. It provides stress testing under a variety of market scenarios…
Cloud Computing: Wayin Gets Second Round of Funding
Wayin, the 18-month-old Scott McNealy start-up, has topped up its funding with a $14 million B round lead by US Venture Partners with the participation of TIBCO, the big Silicon Valley law firm Wilson Sonsini and a very locker room crowd of private investors including TV producer Burt Sugarman, real estate developer Michael Meldman, Gunthy-Renker co-CEO Ben Van de Bundt, former Great Plains CEO and ex-Microsoft SVP Doug Burgum, sportscaster Jim Gray and others.
Financing so far totals $20 million…


Companies issuing requests for proposals for cloud services can now tap into information on Carbon Footprint, IO Controls, Provider Assurance, Security Monitoring and VM Interoperability.
According to Alpine Data Labs, the two-year-old Big Data start-up incubated inside Greenplum, all that stuff bulging out of your storage is useless. Unless it’s susceptible to predictive analytics, but finding those nuggets of insight can be a pretty pricey exercise.