Robert Martinez Becomes Chief Revenue Officer at Code Willing

Code Willing, a leading independent provider of trading and data management technology for quantitative analytics and global multi-asset electronic trading, is pleased to announce that Robert Martinez has assumed the role of Chief Revenue Officer.

Robert Martinez commented:

“I am excited to work with the Code Willing team to accelerate client and revenue growth. The Code Willing technology offers a composable suite of solutions that work independently and in unison to accelerate your data sourcing process and production capabilities. Built by Data Scientists and proven to perform in the most demanding data environments, I believe that this hybrid cloud technology stack will significantly enhance a firms data consumption strategy at scale to accelerate their “Data Edge”.” 

CEO Baron Davis commented:

“We feel very fortunate. Everyone is excited to add Robert as part of the Code Willing family. His industry knowledge is well know in the data community. Our technology and his know how is a perfect combination.”

Be sure to follow Code Willing on LinkedIn for more exciting updates to come.


About Code Willing: 

Code Willing is a leader in data management solutions for the financial industry. Built on 20+ years of experience in fintech and trading, Code Willing offers data management services, cloud analysis tools, low latency market data feed handlers and scalable high-performance file storage. For more information, visit www.codewilling.com. 

The Pros and Cons of Cloud Computing

As technology shifts and changes, so do the challenges involved in running your business. As more and more businesses move to cloud computing, here are some things to keep in mind:

The Pros:
  • Overall Lower Costs

It’s always important to keep costs in mind when operating a business, luckily cloud computing lowers overall costs as it utilizes a pay as you go model, and does not require the investment in infrastructure that is needed for on-prem operations.

  • Consolidated Data

Cloud computing centralizes data so that all of your information is in one place. This gives you control over your data without having to visit different locations for different information. With the cloud, you know exactly where any piece of information is at any given time. This also makes backup and recovery of data simple and efficient, saving you precious time.

  • Unlimited Storage Capacity

On-prem storage comes with its limitations. One of the biggest disadvantages is that there is simply limited storage space with any on-prem operation. By harnessing the power of the cloud, you can effectively increase your storage capacity infinitely.

  • Improved Collaboration 

One of the advantages of moving to cloud computing is the power it gives your team to collaborate digitally. Cloud computing allows multiple employees to view and make changes to files and documents in real time, providing a much more efficient way for workers to collaborate on projects. This real time work also ensures that all team members have access to the relevant up to date versions of their projects, and easily allows for you to work without the hassles of time zone or location issues.

The Cons:
  • Connection Dependency

One possible drawback to cloud computing is that you are reliant on internet connectivity in order to be able to access your data, and you will not be able to access your information for the duration of an outage. While internet disruption may impact activities for the time that you don’t have web access, it will not result in the loss of any data. It is no more of an issue than any web based tool or service your business already uses.

  • Hard to Move Back

Another thing to consider when making the switch to the cloud is that it may be difficult to switch back. While data is easy to store, it can be a little trickier to recover and download. Though it is not likely that you will want to switch back to on-prem after experiencing the full power of the cloud, especially with an easy to use platform like CASFS+.

  • Monitoring Issues

Cloud computing management can raise many problems that include security, availability, confidentiality, privacy, legal and jurisdictional issues. Luckily the CASFS+ platform already has this in mind, and includes audit logging so that you can see what data is actually being used, who’s looking at the data, and the frequency of use. We also log who attempts to access files/directories they do not have access to.

The Bottom Line:

After looking at all the facts, the pros of cloud computing clearly outweigh the cons. Especially when you can mitigate cons with CASFS+. 

Our CASFS+ tools are specifically designed as a solution to the dilemma of rising cloud computing costs. From resource-saving caching and deduplication mechanisms to cost-monitoring features introduced by the file system, CASFS+ helps organizations significantly minimize cloud resource usage in big data processing.

Find out more here.

Options And Code Willing Announce Launch of Quantify and Data Store

Options Technology, the leading provider of cloud-enabled trading infrastructure to the global capital markets, and Code Willing, experts in financial data management, today announced the launch of end-to-end data platform products “Options Data Store” and “Quantify”.

From the announcement

“Options Data Store offers traders and researchers the ability to “try and buy” ready-to-use datasets without sourcing and storing large datasets. Data Store removes the complexity of capturing, normalising, and storing market data, enabling users to focus on alpha generation. Utilising a user-friendly GUI, data is made available in multiple formats, including ID mapped using a proprietary multi-asset security master.”

“Quantify, the second of today’s announcements, securely layers a fully auditable and high-performance self-service compute environment on top of Options Data Store, providing an abundance of data through a converged enterprise service. Key features of this new product include granular file system-level data entitlements and built-in audit and budgeting toolsets. The solution also boasts multi-cloud capabilities, with the ability to direct compute jobs to the lowest-cost or most efficient environment based on available capacity.”

 

About Options:

 

Options Technology is the No. 1 provider of IT infrastructure to global Capital Markets firms, supporting their operations and ecosystems.Founded in 1993, the firm began life as a hedge fund technology services provider. Today, the company provides high-performance managed trading infrastructure and cloud-enabled managed services to over 200 firms globally. For more information, please visit www.options-it.com.

 

About Code Willing:

 

Code Willing is a leader in data management solutions for the financial industry. Built on 20+ years of experience in fintech and trading, Code Willing offers data management services, cloud analysis tools, low latency market data feed handlers and scalable high-performance file storage. For more information, please visit www.codewilling.com.

Options Announces Partnership With Code Willing

Options Technology, the leading provider of global trading infrastructure to Capital Markets firms, has announced a new partnership with Code Willing, a leading financial data management service in the fintech industry. This partnership will bring to market a new quantitative trading service intended to help clients better control their data analysis costs.

From the press release:

“Code Willing’s technology – ranging from file systems with granular file-based permissioning to high-performance raw data capture services – plays a key role in a number of unique new solutions for the financial services industry that Options will be bringing to market over the coming months, as we continue to build out our global financial ecosystem.”

About Options:

Options Technology is the No. 1 provider of IT infrastructure to global Capital Markets firms, supporting their operations and ecosystems. Founded in 1993, the firm began life as a hedge fund technology services provider. Today, the company provides high-performance managed trading infrastructure and cloud-enabled managed services to over 200 firms globally. For more information, please visit www.options-it.com.

About Code Willing:

Code Willing is a leader in data management solutions for the financial industry. Built on 20+ years of experience in fintech and trading, Code Willing offers data management services, cloud analysis tools, low latency market data feed handlers and scalable high-performance file storage. For more information, please visit www.codewilling.com.

Common Challenges in Managing Data When Turning to the Cloud

As businesses grow and technology advances, it is inevitable you will need to consider more efficient ways to manage your data. This could be in the form of additional on-premise servers, but could also be where you take the leap into cloud data management.

Here we will talk about a few common challenges you may face when turning to cloud computing and ways in which you can overcome them.

Possible Incompatibility

When changing over from the system you have always used to a new cloud-computing platform, there is the possibility of code changes in order for you to work in the new system. For some, this may not be too much of an issue, but for those businesses looking to transfer with as little downtime as possible, this could be a hurdle.

As you are looking through your options, it would be in your best interest to find a cloud platform that requires little to no changes in your code. This can ensure a smooth transfer and won’t require your staff to learn a new form of code.

Financial Costs

We all know nothing is free, but when you are talking about moving your entire business’ data from one platform to another, the cost can appear daunting and disheartening. However, cloud computing is something you will stick with in the future, so you should be looking at this transfer as an investment. The end result in switching to the cloud will end up with you effectively reducing funds spent, as well as providing a more efficient platform for your team.

Although the upfront cost in switching to the cloud is there, the long term costs will greatly benefit you and your business. The wonderful thing about the cloud is the infinite space available for your data. Whereas, when working on an on-premise platform, as your business grows, you will need to purchase additional servers, and you also need to consider how often your hardware will become outdated and needs to be replaced or upgraded.

Resistance to Change

If there is one thing most of us can agree on or have witnessed before, it’s that no one likes change. When things change, what’s next is unknown. Your team has their rhythm, and throwing in a change this permanent can come with some resistance. The important thing to remember is that once in place, your team will be able to work more efficiently and effectively.

There may be a slight learning curve, but if you take note of number one challenge on this list, that change should go smoothly for you and your business. Nothing is perfect, but it can be way better. And with transferring to a solid cloud-computing platform, you will be able to experience a better work day and better work flow.

Conclusion

The team at Code Willing knows the struggle and created the solution for a simpler way to migrate to the cloud. Taking into account these challenges, we have built our own cloud-based file system and cloud workspace so that our clients can more efficiently conduct their business. 

Called CASFS+, not only has this migration been positive for our clients, we are also confident that our product will benefit businesses all across the board. Are you weighing your options with cloud computing? Click here to learn more about what CASFS+ can do in getting your business on the right cloud migration path.