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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