Welcome!

@CloudExpo Authors: Liz McMillan, Elizabeth White, Yeshim Deniz, Pat Romanski, William Schmarzo

Related Topics: @CloudExpo, Containers Expo Blog, SDN Journal

@CloudExpo: Article

Cloud Computing Synchronicity By @JamesCarlini | @CloudExpo [#Cloud]

Network carriers need to create new services if they want to make new revenues in today’s corporate Cloud environment

Cloud Computing Synchronicity: Timing Is Everything

Today, more enterprises are looking at cloud-based solutions. What is still missing is the ability to "sync up" transactions coming from various outbound originations to a single destination. What is necessary is Cloud Transaction Synchronicity ©.

There are many articles and white papers discussing cloud computing and shared services. We have seen numerous articles on new services that are being touted like SaaS (Software as a Service) and IaaS (Infrastructure as a Service).

Cloud Transaction Synchronicity © is the ability to have every transaction synched up off of one Master Clock (not multiple clocks). Just like the timing of the public switched telephone network (PSTN) itself is based on one Master clock (the Atomic clock), the applications needing timing should also be provided with timing.

This timing capability could be a whole new network service for the carrier(s) to provide. Timing as a Service (TaaS) could be a new service offered to various enterprise networks.

Note to Carriers: You are looking for new and innovative ways to make money off the network infrastructure. Why not sell synchronized timing as an intelligent amenity on your network? It IS needed.

Synchronized Financial Services Framework
Here is a real possibility. Cloud Transaction Synchronicity © should be a mandatory service for all financial transactions that are being transmitted to all the exchanges.

A well-defined timing definition for financial services (trading, transaction processing) should be developed and accepted by the various financial trading organizations because it would provide a more accurate layer of processing and oversight for all transactions being processed. A Synchronized Financial Services Framework would go down into a level of granularity of nanoseconds in order to ensure trades being done in microseconds could be easily sequenced into proper order.

Why is this so important? Financial transactions have to be processed in a very orderly fashion.

Each transaction has a very precise value assigned to it based on the timing of the trade. In the old days when everything was done manually, each order had to be time-stamped on the floor so that its value could be recorded based on the time of trade. Now that the time of a trade has gone from a tenth of a second to a couple of microseconds on an HFT (High Frequency Transactions) server, the safeguards and regulatory oversight have to get down to that level of granularity as well.

Cloud Transaction Synchronicity © would guarantee a much higher and comprehensive level of compliance within the boundaries of the SEC (Securities and Exchange Commission), FINRA (Financial Industry Regulatory Authority) as well as other regulatory bodies within the financial area. Just by having this timing synchronization embedded into the network infrastructure, it would guarantee the ability to re-construct any major drop or jump in the velocity and value of stock transactions.

If we had this in the past, the explanation of the Dow Flash Crash (the 1,000 Point Drop) would have been more accurate.

New services mean new revenues to network carriers. It's too bad they don't have visionaries on staff to dream up these new services. They seem to be stuck in the 1950s like so many other organizations that just can't seem to see the opportunities in the 21st century.

As defined in my book, Location Location Connectivity, there are four steps in the stages of technology. Creation of technology, its Acceptance, its Regulation (by some government entity) and the Enforcement of the regulation. (CARE)

Visualizing the Framework of Technology
When we take a look at this, we see that HFT servers have been created and accepted by just about all the major and middle players in the stock market. We also see that the regulations covering these systems are non-existent and there is no enforcement, because no regulations have been put into any framework (see the CARE diagram).

This is typical for any emerging technology. We see the creation of it. We may or may not see its acceptance. And lagging behind any acceptance is the regulating of it as well as the framework of enforcement of that regulation.

Utilizing Clouds for financial transactions is a must-have for almost all financial organizations. Cloud Transaction Synchronicity© is a hoped-for capability, which should also be a "must-have" in today's network infrastructure environment. As they say, "Timing is everything."

•   •   •

Carlini's visionary book, LOCATION LOCATION CONNECTIVITY is available on Amazon.

Follow daily Carlini-isms at www.TWITTER.com/JAMESCARLINI

Copyright 2015 - James Carlini

More Stories By James Carlini

James Carlini, MBA, a certified Infrastructure Consultant, keynote speaker and former award-winning Adjunct Professor at Northwestern University, has advised on mission-critical networks. Clients include the Chicago Mercantile Exchange, GLOBEX, and City of Chicago’s 911 Center. An expert witness in civil and federal courts on network infrastructure, he has worked with AT&T, Sprint and others.

Follow daily Carlini-isms at www.twitter.com/JAMESCARLINI

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


CloudEXPO Stories
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
They say multi-cloud is coming, but organizations are leveraging multiple clouds already. According to a study by 451 Research, only 21% of organizations were using a single cloud. If you've found yourself unprepared for the barrage of cloud services introduced in your organization, you will need to change your approach to engaging with the business and engaging with vendors. Look at technologies that are on the way and work with the internal players involved to have a plan in place when the inevitable happens and the business begins to look at how these things can help affect your bottom line.
The revocation of Safe Harbor has radically affected data sovereignty strategy in the cloud. In his session at 17th Cloud Expo, Jeff Miller, Product Management at Cavirin Systems, discussed how to assess these changes across your own cloud strategy, and how you can mitigate risks previously covered under the agreement.
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing at Cloudera, covered the ins and outs of Hadoop, and how it can help cloud-based businesses.
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading these essential tips, please take a moment and watch this brief video from Sandy Carter.