Future Infrastructure to Embrace Cloud and Security

"We will begin to see increased outsourcing of commodity capability into the cloud," said Thalles Spellacy, chief architect, business alignment and strategic planning at TD Bank Group. "Whether that's as simple as email or whether it's exotic like risk modeling, it's inevitably going to go into the cloud, depending on its competitive differentiation. What does that infrastructure look like? Well, you start to divest a lot of what you historically had to maintain, but you still need to maintain that control. So you need security, you need performance characteristics. You need to be able to have some kind of brokerage model internally so you're really managing your interaction with your external parties in a controlled fashion. I don't think we're there yet."
While cloud has come a long way quickly, there is plenty of room for improvement. Tara Castleberry, head of architecture for Americas IT at AIG, said she is amazed by the ease with which she can spin up additional capacity. Equinix senior business development manager Henrique Hablitschek said he appreciates its ability to shrink a firm's IT stack. Yet he said cloud development is "still in the beginning of the second inning." (For our readers outside the US: There are nine innings in a baseball game.)
He said he also sees security coming to the fore as cyber attacks increase. Castleberry said security will move to the forefront of design plans when applications are being created.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Asic probe piles pressure on ASX to deliver Chess replacement
But market insiders think late intervention by regulators could even slow down implementation.
Stakes raised for UK bond, EU derivatives tapes after Ediphy clinches win
The pressure is on for TransFICC, Etrading, Finbourne, and Propellant Digital, who are still vying to provide the UK’s fixed income consolidated tape after Esma awarded the EU’s tape to Ediphy and its partners.
Exchange M&A, US moratorium on AI regs dashed, Citi’s “fat-finger”-killer, and more
The Waters Cooler: Euronext-Athex, SIX-Aquis, Blue Ocean-Eventus, EDM Association, and more in this week’s news roundup.
LSEG officially sunsets Eikon
The exchange operator withdrew the platform from its product lineup this week.
Cloud Wars: Are EU and APAC firms really pining for homegrown options?
Waters Wrap: In the wake of tariffs and regional instability, there’s chatter about non-US firms lessening their dependency on the major hyperscalers. Anthony is not buying it.
Bloomberg, MTS expand portfolio trading to EGBs
The platform providers will follow Tradeweb with the extension of the popular credit protocol.
Doing a deal? Prioritize info security early
Engaging information security teams early in licensing deals can deliver better results and catch potential issues. Neglecting them can cause delays and disruption, writes Devexperts’ Heetesh Rawal in this op-ed.
Google gifts Linux, capital raised for Canton, one less CTP bid, and more
The Waters Cooler: Banks team up for open-source AI controls, S&P injects GenAI into Capital IQ, and Goldman Sachs employees get their own AI assistant in this week’s news roundup.