Thomson Reuters Survey: Firms More Receptive to Public Clouds

Survey finds 90 percent of firms expect to use public clouds for their market data needs within four years.

Brenan Carley Reuters
Brennan Carley, Thomson Reuters

According to the survey of 250 buy-side and sell-side firms in the US, Europe, and Asia-Pacific, 24 percent expect to use the public cloud for the majority of their market data needs within one year.

Brennan Carley, global head of enterprise proposition and product for the financial and risk business at Thomson Reuters, says firms were reluctant to move to the cloud several years ago because of ambiguous regulatory standards around cloud technology. But regulators are becoming more proactive in

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