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Hedge funds outsourcing computing power to the cloud

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Piquant, which runs a US$200m hedge fund with seven people, has put its trading and back office systems on external platforms.

London

TUCKED into the attic of a Georgian building in London's West End, seven people run a US$200 million hedge fund following artificial intelligence formulas. But the supercomputers that process their complex algorithms are nowhere to be seen.

While most established hedge funds

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