Open Platform: A Data Edge in the Cloud Age
OneMarketData's Louis Lovas outlines the key concerns facing firms considering migrating data management functions to a cloud environment.
In an industry as competitive as financial services, the demand for more—more data, more analytical tools, more processing power—is nothing new. But recent years have seen several market trends accelerate at unprecedented rates: increases in market data volumes, the expansion of global markets, and participants digging deeper into new markets.
Fortunately, this surge in data availability has coincided with the emergence of cloud technology. Through public, private, and hybrid cloud services
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