Friday, January 15, 2010

Data Centers as Important As Trading Floor, Says Tabb Group

from information-management.com:

Data centers are the new keystone for U.S. equity trading, said Tabb Group senior analyst and report author Kevin McPartland in a study released this month, “U.S. Equity Technology 2010: The Sell Side Perspective.”

The study, which McPartland discusses in a video presentation available at http://www.youtube.com/watch?v=lyVyJD2vXdM , is based on one-to-one interviews with CIOs, CTOs and heads of technology at 24 sell-side firms with bulge-bracket firms accounting for 25% of the participants--equal to two thirds of all bulge bracket firms.

...

"From a sell side perspective, it means that those guys--major data center providers such as Equinix and Savvis-- should look to expand current client footprints as the sell side looks to reduce server scatter (when firms use space in a variety of geographic locations)," McPartland explained to Securities Idustry News. "So if a major dealer is using three separate data center providers, they’ll look to use only one. Whoever wins that deal will see spending by that dealer grow significantly as they consolidate under one roof."


No comments: