Waters USA Keynote: State Street CIO Perretta Says Major Cloud Benefit Is in Search

Starting last year, State Street embarked on a project to revolutionize its operating model through the use of the cloud. The firm is now live with its own private cloud, and since August, it has developed about 10 applications that are fully up and running on the cloud, State Street CIO Christopher Perretta told attendees of the Waters USA conference in New York during his keynote address.
While Perretta says State Street has experienced all the traditional benefits from this emerging
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