Capitalizing on data’s migration to the cloud

Mark Hermeling provides a roadmap for best practice as banks, asset managers and vendors move more workloads to the cloud.

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Data management ecosystems in the financial sector are increasingly being transferred to the cloud. It’s a trend that continues to grow and will have significant implications for the sector, with the global financial cloud market expected to reach $90.11 billion in 2030, up from $23.67 billion in 2020.

However, moving market and reference data to the cloud has already been taking place over the past few years. This is of little surprise when considering the benefits of cloud-based data

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