Multicast in the cloud—no longer a pipe dream

Colt Technology explains the process it went through to make it possible to distribute multicast market data in the cloud.

In October 2022, network provider and market data carrier Colt Technology Services announced that, together with Amazon Web Services, it had completed a cloud co-location proof of concept that demonstrated the viability of hosting and distributing multicast data in the cloud for capital markets customers. 

Wesley Elder, capital market product director at Colt, tells WatersTechnology that the thinking behind this PoC was to establish if multicast data in the cloud was even a possibility.  “In

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