Quantifi, a provider of risk, analytics and trading solutions, today announced that it has expanded its usage of Microsoft Azure Cloud. Technology is changing the way firms operate and deliver solutions to end-users. One of the most notable technology advances in financial markets is cloud computing.
Given the increasing demands from customers, greater regulatory requirements and cost efficiency pressures, more and more firms are embracing cloud strategies to address the modern business imperatives of performance, flexibility, and agility. Time-to-market in a fraction of the time previously possible is also a factor as is the ability to scale faster and more efficiently.
“As firms look to conduct business faster and more efficiently, the popularity of cloud-based platforms has accelerated at a rapid pace. We have taken full advantage of the movement towards cloud by transforming our technology stack,” comments Rob Reese, Cloud Development Manager, Quantifi. “With Microsoft Azure, we can offer cloud capabilities to firms that have traditionally used on-premises implementations. We have successfully migrated a number of clients to our cloud solution with no disruption to their existing processes,” continues Rob.
“Cloud technology is a catalyst for modern business values and we are delighted that Quantifi’s clients are benefitting from the integration with Microsoft Azure. Using Azure gives Quantifi the agility and hyper-scale capabilities it needs to support even the largest and most complex of portfolios”Matthew Kerner, General Manager, Blockchain & Industries, Azure at Microsoft
Azure is a key enabler for our microservices architecture. By utilising a cloud infrastructure, as business processes change, individual or multiple services can be dynamically unplugged and replaced as needed. Quantifi is built using advanced technology and lambda architecture design patterns that leverage modern CPUs and cloud computing to deliver scalable, ultra-high performance. Leveraging Azure allows Quantifi to deliver an elastic platform that can be developed, configured and changed at a granular level.
“At Microsoft, we are committed to supporting FinTech companies, like Quantifi, to optimise their technology strategy. Cloud technology is a catalyst for modern business value and we are delighted that Quantifi’s clients are benefitting from the integration with Microsoft Azure,” comments Matthew Kerner, General Manager, Blockchain & Industries, Azure at Microsoft. “Using Azure gives Quantifi the agility and hyper-scale capabilities it needs to support even the largest and most complex of portfolios,” continues Kerner.
“Emerging technologies like cloud, big data and AI are bringing the focus back to how firms can enhance their risk management capabilities. Cloud’s coming of age has led to an acceleration in adoption as firms look for improved scalability, cost-effective and robust infrastructure,” comments Rohan Douglas, CEO, Quantifi. “At Quantifi, we have a history of being ahead of the curve in terms of innovation and technology developments. Our decision to expand our usage of Microsoft Azure allows us to be even more agile, offer a faster time to market, and further reduce client’s capital investment,” continues Rohan.
How Can Cloud Computing Transform Your Business?