The Cloud

I wrote this article in the “cloud”.  You’ve certainly heard this term and have no doubt used a cloud service. But, what does the cloud mean and how are financial services firm taking advantage of it?  To start, if you use Gmail or Google Drive / Docs you are using the cloud or a cloud service.  Both are convenient services in the sense that you can access them from anywhere (and any device) and in the case of Google Docs you can share access and make simultaneous contributions.  None of the information is stored on your computer (or phone or…

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