August 28, 2012 - The chief technology officer of NYSE Technologies said Monday that cloud computing is now part of the exchange operator’s fundamental approach to technology, both for itself and its customers.
“Today’s IT requires organizations to take a holistic approach to planning, building and operating their infrastructure, especially as we move into this new era of cloud computing,” said CTO Don Henderson at VMWorld 2012 in San Francisco. “At NYSE Euronext, not only have we embraced cloud computing as a foundation for our corporate IT strategy, we’re extending that value to financial services organizations looking to modernize their individual IT operations, leveraging VMware cloud technology and expertise to offer the financial industry’s first community cloud.”
NYSE Euronext in 2011 launched a Capital Markets Community that operates on cloud technology and delivers applications and services to customers through its own version of an “app store.’’
The operator of the New York and Paris exchanges is building hubs for this cloud platform, around the world.
In June, the company announced the launch of a hub in Europe, at its Basildon, England, data center.
That became the fourth hub for the Capital Markets Community, which NYSE Euronext launched July 1, 2011, in partnership with data storage provider EMC and virtual hardware and software management pioneer VMware.
The others are in Mahwah, N.J., where NYSE Euronext operates its other main data center; Toronto and Tokyo.
The hubs provide computing-on-demand services to market participants and connections to NYSE Euronext’s worldwide trading network.
It will also be the home of a European edition of NYSE Euronext’s FIX Marketplace, which provides order routing services using the Financial Information Exchange communications protocol.
Overall, the Capital Markets Community Platform, which bills itself as the first cloud computing service aimed at a specific industry, provides direct, on-demand access to high-performance, low-latency services from NYSE Technologies, including its Superfeed of market data, its Risk Management Gateway, its Managed Services Hub, and its global Liquidity Center Network.
The cloud platform now has “dozens” of customers, he said, including a range of “smaller” market makers and broker-dealers, as well as asset managers in the hedge fund and mutual fund businesses, Ken Barnes, senior vice president of the capital markets community platform in the cloud of NYSE Euronext, said at the start of summer.
The mutual fund operators, he said, are using the platform to develop and test applications, as well as, in one case, a laboratory for trying out an order management system.
Broker-dealers are also using the platform for backup services, as well as development and testing.
Separately at VMWorld, VMWare itself unveiled a wide range of cloud infrastructure and management products to create what its CEO, Paul Maritz, called a “software-defined” data center.
A “software-defined” data center architecture is designed to “extract” and aggregate all hardware resources, then automate the process of dealing out capacity for applications as needed.
This can allow tenants or customers of a large facility to have their own “virtual” data centers.
Chipmaker Intel also said it would work with VMware to create a highly-secure cloud computing platform, based on its Trusted Execution Technology (TXT) and VMWare’s vSphere 5.1, the company’s operating system for creating ‘virtual’ computing systems.
This story originally appeared at Securities Technology Monitor.
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