Reaping the benefits of a cloud-based service model: Insights from SS&C

By Munther Haddad

Many companies are departing from traditional deployed software models in favor of hosted and cloud-based services. According to Adox Research Follow The Money Insights, a survey of trade lifecycle automation priorities of 72 large asset management firms, shows that managers are extending the use of hosted and managed services in targeted areas in the middle and back-office. This shift is being amplified by the fact that cloud and hosting services can provide clients with more scalability and efficiency. To put the icing on the cake, these services can also automate day-to-day activities, support disaster recovery, as well as deliver database administration and monitoring services. Continue reading