Wall Street Letter VOL. XLV, NO. 30 - Sept. 23, 2013

THE DEFINITIVE SOUR CE FOR TR ADING NE WS
VOL XLV ISSUE 30 26 SEP – 2 OCT 2013

www.wallstreetletter.com

IN THIS ISSUE
News People moves 04
Focus Fee chart 10

MORE NEWS INSIDE

Spending on ops likely
to increase
The amount of money firms spend
on their operational tasks is likely
to increase in the near future
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TOP STORY

Firms still picky about
cloud offerings
BY JEANENE TIMBERLAKE

Informatica plans
monitoring for Ultra
Messaging
The new offering, Ultra Messaging
System Monitoring, will offer more
complexity for Informatica’s clients
TURN TO PAGE 06

Buy-in key to successful
biz expansion
Successful expansion still requires
buy-in from clients and a cautious
approach
TURN TO PAGE 09

Cloud infrastructure has become
a more common choice for firms
but decision-makers are still
picky about what they adopt
based on security concerns,
according to comments
from technology executives
participating on a panel at
AdventConnect 2013 last week
in San Francisco.
Audience member responses
to an in-session polling
question indicated that most
are using some form of cloud
infrastructure, though the
most common choice is a
private cloud offering (30.2%),
followed by a hybrid offering

(13.2%). Just 11.3% of audience
respondents indicated they use a
public cloud service.
Tyler Kim, chief technology
officer and chief information
officer at MaplesFS, said public
cloud was never an option for
the firm due to concerns about
security.
“We don’t want data floating
around out there. We are, in
fact, quite limited in terms of the
jurisdictions in which our data
can reside,” he said.
For MaplesFS, the type of data
the firm is most concerned about
is client data, both in
TURN
terms of security and in
TO
PAGE
order to limit requests for
the data from authorities.
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