Apex Group, a global financial services provider, has signed a deal with Google Cloud to fast-track the development of its Ascend trading, clearing and custody tool.
The New York-based company said it would use Google Cloud’s tools to build an integrated artificial intelligence stack, infrastructure and other tools for data, security and communication.
Apex Ascend was launched last year to provide “a suite of modern capabilities that enable fintech, wealth management and institutional clients to go from idea to launch seamlessly and confidently”, the company said.
The tie-up will see Apex use Google Cloud’s AlloyDB database service, its Big Query artificial intelligence-ready data platform, the Looker intelligence platform and Looker Studio self-service tools as well as Vertex AI, an AI development platform.
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