The Data Center of the Future
Given Wall Street's insatiable need for computing power and the ever-increasing cost of energy, firms inevitably will deploy energy-efficient hardware and technology, such as virtualization. But to build data centers that will remain cost-effective for years to come, organizations including the NYSE and Citi also are focusing on how they power and cool their facilities.
Data Center Spending: $1.8 Billion (and Counting)
To handle the increasing compute demands of financial firms, a good portion of IT budgets in 2010 and beyond will be spent on upgrading older technologies to make today's data centers more energy-efficient and more powerful.
Performa Deploys Eagle's Investment Management Suite
Performa, which has more than $2 billion in assets under management, is leveraging Eagle to run its core investment processes as well as to facilitate accounting and administration, data management, GIPS composite management, fixed income performance attribution, and client reporting