The cloud provider and industry utility have jointly released a prototype and guidelines for building resilient financial services applications.
The exchange and its cloud partner are encouraged by the smooth migration so far—and also by capacity and latency improvements from running in the cloud.
Once wary of the cloud, financial firms, their suppliers and the marketplaces where they trade are openly embracing it. And there are more signs of big tech firms accelerating buy-in by literally buying in to clients’ migration projects.
The enhancements will be completed by the first half of 2023.
The data vendor has 19 points of presence from where it will provide co-located access to the new managed services by Q2 2023.
Automated and high-frequency trading in Asia have generally lagged behind US and European markets. But as low-latency data availability increases, that may soon change.
SG Americas plans to significantly reduce and even close datacenters in the US as a result of moving to the cloud and defining controls around cloud and data governance.
The creator of Perzo/Symphony has started a new company called Hive. Anthony chats with David Gurle to see how the startup will look to disrupt the cloud space.
Despite chip and hardware shortages, the exchange group says it is on track to go live with the new datacenter on June 6.
Leveraging AWS’s presence on Wall Street, Data Exchange has the potential to shake up traditional financial data delivery and contracts, if it can add relevant content and overcome challenges like real-time streaming and connectivity in the cloud.
Synfini enables customers to access the exchange’s DLT infrastructure, data hosting, ledger services, and support.
Anthony explores some of the unanswered questions—and potential ripple effects—that come with the new partnership between CME and Google.
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After years of initial resistance, the capital markets have come to depend heavily on the compute capacity of the public cloud. But increasing market volumes are rapidly outpacing the cloud capacity that organizations thought would be sufficient for…
The tech giant believes a hub-and-spoke model is the future of trading. In part, it is using its new cloud offering to lure financial services firms that are looking to open remote offices to find new talent.
The project comes at a time when Euronext is considering a datacenter move, and sources speculate that Six might also be another candidate to migrate. Market participants are split on the news of the LSEG migration, with some calling it “frustrating,”…
IBM, which recently set a new world record for tape storage, says a lot of its financial services clients use the medium for storage as its cheaper and safer than other digital storage options. Others are skeptical of tape’s long-term prospects.
Last year, most (if not all) financial technology providers either completed or started major projects that involved moving their products and services to the cloud. WatersTechnology looks at 15 of the more interesting cloud-migration initiatives from…
Anthony says that while machine-learning models have been hit-and-miss during the pandemic, NLP is taking on greater importance. He also looks at how exchanges are looking to move their core matching engines to the cloud.
As regulators fear vendor lock-in and concentration among cloud providers, Google Cloud pushes its Anthos platform.
Banks are trying to split responsibility for their operating environments with the major cloud providers. Regulators are having none of it.