I hear lots about Cloud Computing these days, mostly from vendors about its promise to deliver on-demand compute and storage while reducing costs. I hear words like flexibility and agility, and terms like TCO and talk of applications, such as risk modeling, analytics and pricing. Now, thanks to some benchmarks run by upstart Cloudsoft Corp., with its partners Solarflare Communications, Arista Networks and Citrix Systems, the performance word has been added to the mix, and it’s not at all bad. Which makes me wonder whether - or really when - we’ll see cloud technology underpin trading in the front office.

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… Getting better all the time. That’s my assessment of the economy as far as spending on IT by Wall Street is concerned. Sorry, having just picked up the remastered Beatles classic Sgt. Pepper’s Lonely Hearts Club Band, I couldn’t resist tapping Lennon/McCartney’s track 4 title for this blog post.

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A few inquiring minds have been asking me lately about a company called Blade Network Technologies, and specifically why it is participating in a panel “Building the World’s Fastest Trading Network” at next week’s High Performance Computing on Wall Street conference - it’s a panel that I am moderating, and also includes Stanley Young from NYSE Euronext. I have to say, it’s all been a bit hush hush until today.

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