Credit Suisse Ramps Up Data Capacity

Equities data volumes have increased 400 percent in the past two years, leading the bank to anticipate further rises and review how it could "get ahead of" the rises, according to Gerald Le Donne, chief technology officer at Credit Suisse.

As a result, the bank undertook a four-week effort, beginning July 18, to improve its market data capacity, which involved bringing together lead developers from across a range of business areas, including securities trading, order management, trade entry, FIX

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

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