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Goldman Sachs unveils Amazon-backed cloud service for Wall Street trading firms

• bryanrasmussen 5y ago
  So, I don't know anything about trading but this seems to me like if I wanted to build a ad analytics business and run it on google cloud only with more potential profit to be had by analyzing my traffic split seconds before it goes through?
  • arthurcolle 5y ago
    bit of a complicated way to put it but in any case I am not sure who is the client here. Other asset managers? "startupyy" trading firms?
    • helsinkiandrew 5y ago
      Presumably ‘institutional clients’ - hedge funds or other firms that might use Goldman for executing trades. I’d guess Goldman see this as a way of creating more business for their trading arm rather than a way of making money from selling the service. https://www.goldmansachs.com/careers/blog/posts/gs-on-the-aws-cloud.html https://www.goldmansachs.com/careers/blog/posts/gs-on-the-aw...
      • arthurcolle 5y ago
        I used to work there so familiar with the business model (also their Marquee platform was getting off the ground at the time I left) but thanks for the link, looks exciting for them as a lot of firms start to modernize their internal trading infrastructure.