Abacus to Offer Separate Big Data Storage Solution
Abacus, a provider of hosted IT solutions for hedge funds, has completed a six-month project to decouple its raw data storage from its larger IT cloud package. StorageBurst, an on-demand service for storing large amounts of data off-site, is being offered to all customers after previously hosting five beta clients.
Hedge funds face mounting data storage challenges as they hang on to data to meet current and predicted regulatory requirements. Quant funds may also use multiple terabytes a week to
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