Voice and electronic trading infrastructure services provider, Orange Business Services (News - Alert) announced the launch of its Flexible Trading service, a managed cloud-based service targeted at small to midsized financial institutions.
Company officials said the service is being rolled out sometime this year, which will allow firms to utilize a “pay as you grow” technology service that will ultimately lower IT infrastructure costs.
Industry analyst, Peter Redshaw, managing vice president of Gartner (News
- Alert), said financial institutions are increasingly looking to reduce costs from the front to back office and are turning to cloud-based models to achieve this... Read More
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