CFM's strategic migration to AWS for scalable quantitative trading operations

Context

Capital Fund Management (CFM) is one of the largest hedge funds in France, with more that 240 collaborators in Paris, London, New York, Sydney and Tokyo and more than $10 billion managed funds. A pioneer in the field of quantitive trading applied to capital markets, their methodology relies on statistically robust analysis of terabytes of financial data for asset allocation, trading decisions and automated order execution. This approach requires large amounts of computing power.

CFM's strategy to reinforce their leadership in the markets by increasing drastically the size of its activities and geographical presence has led to a saturation of their on-premises HPC clusters. Hence, CFM wants to be able to scale-out to AWS whenever their on-premises resources are exhausted, with the aim of increasing the availability of computing resources and the dynamisation of the research of new investment strategies.