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 than 350 employees in Paris, London, New York and Toronto and over $20 billion in assets under management. A pioneer in the field of quantitative trading applied to financial markets, their methodology relies on statistically robust analysis of petabytes of financial data for asset allocation, trading decisions, and automated order execution. This approach requires large amounts of computing power.

CFM's strategy to strengthen its market leadership by drastically increasing the size of its operations and geographic presence has led to saturation of its on-premise HPC clusters. As such, CFM aims to be able to scale out to AWS as soon as its on-premise resources are exhausted, with the aim of increasing the availability of computing resources and boosting the search for new investment strategies.