Google Deal Propels Crux Informatics into Alt Data Utility Space
Combined offering from Crux and Google Cloud can slash data onboarding times, says vendor
Crux Informatics, a data engineering vendor, has scaled up by adopting a range of tools and services from the Google Cloud Platform (GCP).
As banks and asset managers are looking to explore and test new types of alternative data, the vendor hopes this move will allow it to help clients more quickly—and cost-effectively—get up and running. On average, roughly 80% of firms’ time, energy and money is spent on downloading, validating, cleansing and storing data, says Crux Informatics CEO Philip
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