As Public Cloud Gains Traction, Concerns & Challenges Grow

WatersTechnology looks at more than 20 cloud-based projects and initiatives to see how banks, asset managers and vendors are embracing public providers, and the inherent problems involved.

I’ve said and written this before, but when I started writing for WatersTechnology a decade ago, the idea of banks and asset managers turning to public cloud providers for important data functions was anathema. Ten years later, the tide has certainly changed. Not only are capital markets firms increasing their reliance on public cloud providers—namely, Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform (GCP) and IBM Cloud—but they are now increasingly employing a multi-cloud

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