Goldman Sachs, JP Morgan join forces to explore market data in the cloud

The banks’ vision is for vendors and consumers to be able to distribute and access all data sources in a multi-cloud environment. They’re mapping the way to get there.

A problem shared is a problem halved—this is the thinking behind a group project led by Goldman Sachs and JP Morgan. The two banks are working together to mobilize industry working groups, where technologists and market data specialists can collaborate on how to deliver and consume market data via the cloud.

The first set of engineering sessions, steered by John Chappell, global head of market data at Goldman Sachs, and Alistair Kerr, global head of market data at JP Morgan, was held this week

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