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The buy side's big bet on cloud: Here's how firms like Point72, Blackstone, and Millennium are leveraging the tech to their advantage

12 days ago   |   By Business Insider

The buy side is embracing the public cloud.
Samantha Lee/Business Insider
Buy-side firms are increasingly looking to migrate workloads to the public cloud.
Some view the move as a recruiting tool, while others hope to cut costs and increase compute power.
Here's an inside look at six firms' strategies when it comes to the public cloud.
The buy side is aiming for the clouds. Top hedge funds, investment firms, and private-equity shops are turning to public clouds managed by Amazon Web Services, Microsoft Azure, Google Cloud Platform, and IBM. Specific motivating factors for the switch varies...
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