![]() ![]() “Amazon S3 gives our research team the ability to be unconstrained by limited data sources where we would have to restrict our historical data to a subset of what is generated due to escalating storage costs,” Harris says. QRT chose to run its HPC platform on the AWS Cloud, leveraging Amazon Elastic Compute Cloud (Amazon EC2) for compute and Amazon Simple Storage Service (Amazon S3) as its bulk data storage platform, which enables the company to retain large volumes of data and access it when required for research activities. “We knew the cloud would provide the on-demand capabilities we needed, and AWS was far above any competitors in the marketplace when it came to the technology,” says Jon Fautley, systems and cloud engineer at QRT. QRT found the solution to its problems in the Amazon Web Services (AWS) Cloud. “We essentially couldn’t find or create new alphas fast enough for the business,” says Harris. Our applications source and analyze data around the clock.” Without the ability to use compute capacity on demand, QRT lacked the agility it needed to keep pace with data growth. “We had machines running around the clock, but we still couldn’t support the growth in data coming in from different sources. “We had a finite number of servers to use in our data centers, and we couldn’t do all the data processing we needed to effectively,” Harris says. The alpha discovery process was challenging, though, because QRT was limited by an on-premises environment that supported its high-performance computing (HPC) data analysis applications. “To get ahead, we are always refining our processes to search for and create new alphas,” says Nick Harris, the company’s chief technology officer. These strategies-known as alphas-are the key to QRT’s success. The company develops statistical and quantitative techniques and programs and applies them to third-party and proprietary datasets to identify and develop potentially profitable trading and investment strategies. Business is constantly evolving for Qube Research & Technologies (QRT).
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