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Gravitas Offers Cloud Computing to Hedge Funds, Private Equity Firms

Service allows small- and medium-sized financial alternative asset management firms to rent computing resources.

Gravitas Technology has released a suite of cloud services designed for alternative asset management firms, including virtual server hosting at offsite co-location facilities and hosted applications including e-mail, mail compliance, remote data backup and VOIP (Voice over Internet Protocol) services on a per user, per month basis. The service also gives asset managers the ability to add computing capacity as it is needed, giving them the ability to scale to large environments on demand.

"Gravitas Cloud Computing Services puts the same resources in the hands of a $100 million manager that previously was only available to multibillion dollar firms," Gravitas CEO Jayesh Punater stated in a press release.

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