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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?
by 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 agoPresumably ‘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 agoI 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.