--- title: "2020 Outlook: Anthony Amicangioli, HPR" description: Capital markets firms slow to adopt cloud have some catching up to do. image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_6161228_l-2015-May-12-2022-08-59-42-09-AM.jpg --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/2020-outlook-anthony-amicangioli-hpr#popup-newsletter) #### Want the latest news on securities markets -- FREE? Sign up to receive exclusive articles on topics including: - Equity market structure - Profiles of buy-side investment firms - The evolution of multi-asset-class trading - Regulation and its implications for markets - The search for liquidity in fixed income markets - The convergence of fintech and capital markets Select one or more newsletters you would like to receive: menu [![Markerts media](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/header%20logo.svg "Markerts media")](https://articles.marketsmedia.com/) - [Latest News](https://articles.marketsmedia.com/tag/latest-news) - Latest News - 2020 Outlook: Anthony Amicangioli, HPR Search - [Home](https://articles.marketsmedia.com/) - [Trending](https://articles.marketsmedia.com/tag/trending) - [Featured](https://articles.marketsmedia.com/tag/daily-email-feature) - [Sectors](https://articles.marketsmedia.com/tag/sectors) - [From The Markets](https://articles.marketsmedia.com/tag/from-the-markets) - [AWARDS](https://articles.marketsmedia.com/tag/events) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Newsletter](https://articles.marketsmedia.com/2020-outlook-anthony-amicangioli-hpr#popup-newsletter) Hide search Search - NewsLetter ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/trading-up-occ-iex-select-board-members-citadel-lands-lieblich-573x379-Jul-07-2022-09-34-11-57-AM.jpg) [ON THE MOVE: Citi Hires Artie Ambrose;...](https://articles.marketsmedia.com/on-the-move-citi-hires-artie-ambrose-natalie-a-brown-to-mesirow) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_445735906_L.jpg) [Trading Adapts to ESG and Sustainable...](https://articles.marketsmedia.com/trading-adapts-to-esg-and-sustainable-investing) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/iStock-917493152-Jul-07-2022-09-34-19-09-AM.jpg) [Focus on FX Execution Connectivity](https://articles.marketsmedia.com/focus-on-fx-execution-connectivity) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_333839538_L.jpg) [TRACE Turns 20](https://articles.marketsmedia.com/trace-turns-20) 01.06.2020 By Markets Media Latest News # 2020 Outlook: Anthony Amicangioli, HPR 01.06.2020 By Markets Media ![2020 Outlook: Anthony Amicangioli, HPR](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_6161228_l-2015-May-12-2022-08-59-42-09-AM.jpg) [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/2020-outlook-anthony-amicangioli-hpr) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/2020-outlook-anthony-amicangioli-hpr) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/2020-outlook-anthony-amicangioli-hpr) Anthony Amicangioli is Founder and CEO of [Hyannis Port Research](https://hyannisportresearch.com). **What was the highlight of 2019?** [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/t2-Shopper-TAmicangioli106_hires-square_pp-300x300-1.jpeg?width=232&height=232&name=t2-Shopper-TAmicangioli106_hires-square_pp-300x300-1.jpeg)](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/t2-Shopper-TAmicangioli106_hires-square_pp-1.jpeg) Anthony Amicangioli, HPR Last November HPR launched Omnibot, the industry’s first networking device that integrates direct market access, risk management, data delivery and latency capture functionality into a single multi-application switch. This is a key step into advanced cloud infrastructure systems. In 2019, we saw Omnibot become an essential technology for the capital markets. Larger sell-side firms are currently engaged in an asymmetric technology race with the market makers who have their roots in high frequency trading. By simplifying and unifying market participants’ back ends and positioning data center architectures on par with cutting-edge technology firms, Omnibot helps them level the playing field. **What surprised you in 2019?** In 2019, we saw cloud continue to become more pervasive and integral to the capital markets future. However, what surprised us at HPR is that although the desire to implement cloud strategies is there, cloud migration is not simple, and firms are struggling to craft cloud strategies to drive their businesses. Despite technological advances, modern cloud systems require expertise in numerous technology specialties, such as high-performance computing, advanced data-center network systems and chip/FPGA design. While the leading cloud providers are strong in these areas, most critical financial applications cannot be placed on public cloud infrastructure as they have highly specialized requirements. This has presented a daunting technology management challenge for the incumbent financial services companies grappling with their cloud strategies. **What are your expectations for 2020?** Cloud adoption has clearly been a major theme over the last few years, and we expect to see it only accelerate in 2020. In 2019 we saw the cloud space evolve in several different ways. On one hand, tech giants like Google are reconfiguring their offerings in order to work with financial services institutions by taking an industry-specific approach to service-level agreements. On the other hand Bank of America is an example of financial institutions moving deeper into the cloud is. According to a recent interview given by their CEO, Brian Moynihan, their cloud strategy has allowed the firm to reduce their server count by more than two-thirds, from 200,000 to 70,000. 2020 will be a deciding year for financial institutions. The industry is reaching an inflection point where firms who do not start adopting cloud soon will fall even further behind those who have, splitting the industry into two camps – the winners and the losers. [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/2020-outlook-anthony-amicangioli-hpr) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/2020-outlook-anthony-amicangioli-hpr) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/2020-outlook-anthony-amicangioli-hpr) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/EMCA-WINNERS.jpeg?width=376&height=250&name=EMCA-WINNERS.jpeg)](https://articles.marketsmedia.com/european-markets-choice-awards-2022-the-winners) Latest News ## [European Markets Choice Awards 2022 – The Winners](https://articles.marketsmedia.com/european-markets-choice-awards-2022-the-winners) On 5 June Markets Media held its first in person European Markets Choice Awards event in London. 07.06.2022 By Markets Media 2. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/trading-up-occ-iex-select-board-members-citadel-lands-lieblich-573x379-Jul-07-2022-09-34-11-57-AM.jpg?width=376&height=250&name=trading-up-occ-iex-select-board-members-citadel-lands-lieblich-573x379-Jul-07-2022-09-34-11-57-AM.jpg)](https://articles.marketsmedia.com/on-the-move-citi-hires-artie-ambrose-natalie-a-brown-to-mesirow) Daily Email Feature ## [ON THE MOVE: Citi Hires Artie Ambrose; Natalie A. Brown to Mesirow](https://articles.marketsmedia.com/on-the-move-citi-hires-artie-ambrose-natalie-a-brown-to-mesirow) The weekly recap of new hires, promotions and job changes in capital markets trading and technology. 07.05.2022 By Anna Lyudvig, Traders Magazine 3. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/339299_345359258874293_1089957387_o.jpg?width=376&height=250&name=339299_345359258874293_1089957387_o.jpg)](https://articles.marketsmedia.com/summer-trading-2012-10-years-on) Latest News ## [Summer Trading 2012, 10 Years On](https://articles.marketsmedia.com/summer-trading-2012-10-years-on) A look back at a Markets Media event from a decade ago. 07.05.2022 By Traders Magazine [![MarketsMedia](https://articles.marketsmedia.com/hubfs/MarketsMedia.svg "MarketsMedia")](http://marketsmedia.com) - [About us](https://www.marketsmedia.com/about-us) - [Careers](https://www.marketsmediagroup.com/careers) - [Contact](https://www.marketsmediagroup.com/contact) - [Advertise](https://www.marketsmediagroup.com/advertise) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Corporate Site](https://marketsmediagroup.com) - © 2026 Markets Media Holdings LLC - - Terms & Conditions - Privacy Policy {{ standard\_footer\_includes }}