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Nasdaq (NDAQ) and Amazon Web Services (AMZN) join up to offer Wall Street firms a service that...

  • Tuesday, September 25, 2012, 5:31 AM ET
    Nasdaq (NDAQ) and Amazon Web Services (AMZN) join up to offer Wall Street firms a service that will enable them to store key regulatory data on the latter's cloud infrastructure. The partnership, which should allow clients to sharply cut costs, marks Amazon's boldest foray into the financial sector, although security concerns could stymie growth.
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    AWS is a big part of the future of Amazon. Amazon will make less money on books and tablets but will make much more money on content and competitive tech services such as cloud computing.
    25 Sep 2012, 05:59 AM Reply Like
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