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Google's Latest Launch: Its Own Trading Floor

• MLnick 16y ago
  What's interesting about this is the mention of how they built a new and improved software system for the cash management. Wouldnt be surprising to see this pop up as a future cloud-based product, as part of their google docs offering.
  • wglb 16y ago
    While I am sure that they are building a very good system, it is useful to keep in mind the difference between something developed internally and something rolled out to customers or external users. It is like the difference between a program and a product. There is a lot of work necessary to make the transition. For example, a product is made up of 1) the program 2) the release discipline, 3) manufacturing (admittedly near zero for cloud) 4) marketing and 5) support. I would think that also whatever they have built has a bit of a proprietary nature which when exposed to the cloud would reveal things about their strategy that might make their trading strategy more public than they would want. So I would be a little surprised if this popped up on the grid. Er, cloud.
• waffenklang 16y ago
  finally they got it. i'm curious when google will launche it own 'dont do evil' fund.
  • sp332 16y ago
    Do you mean like http://www.google.org/ http://www.google.org/ ?
    • deleted 16y ago
      [deleted]
• cloudkj 16y ago
  Not very surprising, since most large companies have treasury departments responsible for managing the company portfolio. The graphic in the article shows that most of their non cash assets are in debt securities. Not as exciting as the title sounds :)