IaaS

Forbes Loves Alphacution: “Software is Eating the World, Starting With Finance”

< Originally published by Tom Groenfeldt, Contributor, Forbes - July 31, 2018 > On its way to eating the world, software is eating up bank IT budgets, according to Paul Rowady, CEO of the consultancy Alphacution. Marc Andreessen, the venture capitalist, is the author of the famous quote about the general rise of software. Rowady, who is developing sophisticated models around finance and technology, sees software eating up IT budgets and crimping spending on hardware at banks. He thinks that compliance is to blame, something he plans to look at in more detail  in a future study. “Going back a few years I saw software needs crowding out hardware needs, and that led to the adoption of cloud and infrastructure as a service (IaaS). There is no off-the-shelf solution for enterprise-wide compliance, so a lot of budget went to that and couldn’t be used for other needs.” Compliance presents a challenge for big banks. “A lot of these larger players were loose conglomerations of businesses that had been bolted together for [...]

By | 2018-08-29T21:45:49+00:00 August 21st, 2018|Press|

Back to the Front: Post-Trade Processing Getting Sexy-er

If you happen to hear the drumbeat of these things called "operational analytics" getting louder, then you just may be dialed in to the subtle downstream impacts of some of today's most common headlines related to financial enterprise transformation. For instance, the fintech revolution we are living through - with all its new-fangled and often overly-hyped gadgetry - is really about harnessing the opportunity for unprecedented process efficiencies. But, while it is a soothing distraction to daydream about deploying new digital tools during the ongoing regulatory hurricane, the economic impact that they will have on the FSI landscape is barely going to move the needle anytime soon. Of course, there are exceptions to this broad brush stroke: The impact of evolving IT infrastructure solutions from Infrastructure-as-a-Service (IaaS) to software defined networks (SDNs) to any number of other high-performance compute and storage tools are already sufficiently mature to be making a major impact on architectures and technology buying patterns. A similar statement could be made about open source big data tools such [...]

By | 2018-02-28T16:36:21+00:00 September 14th, 2016|Alphacution Feed|