In 2022, cloud shows true potential to displace legacy data platforms

Once wary of the cloud, financial firms, their suppliers and the marketplaces where they trade are openly embracing it. And there are more signs of big tech firms accelerating buy-in by literally buying in to clients’ migration projects.

A decade ago, if you had said that the companies driving innovation in capital markets data platforms would be the likes of Amazon (that online bookstore?), Google (the search engine?) and Microsoft (home of the annoying talking paperclip), then go out and buy yourself a lottery ticket—you’re either lucky or smart enough to win the jackpot.

As these tech giants have evolved from their original businesses into hosting huge cloud computing environments, they’ve become the partners of choice for

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The IMD Wrap: Will banks spend more on AI than on market data?

As spend on generative AI tools exceeds previous expectations, Max showcases one new tool harnessing AI to help risk and portfolio managers better understand data about their investments—while leaving them always in control of any resulting decisions.

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