Clearstream Banking, a central securities depository and provider of global post-trade services within the Deutsche Börse Group, has engaged Regnology to migrate its on premise regulatory reporting to the cloud using Regnology’s Rcloud solution, which is powered by the Google Cloud Platform and was released in 2022. The migration is subject to regulatory approval.
The Rcloud platform delivers elastic scalability, reliable and fast report submission, and up-to-date reporting data and software. It also offers improved deployment and infrastructure-as-code services, run and change management automation, and self-service via the Regnology cloud portal.
Volker Riebesell, chief technology officer at Clearstream Banking, which is already a Regnology client, says: “In Regnology, we have found an excellent partner for the next step on Clearstream’s cloud journey, supporting our clients with state-of-the-art regulatory reporting solutions.”
Maciej Piechocki, chief revenue officer at Regnology, adds: “As one of our clients, Clearstream Banking has relied on our regulatory expertise and technology to support its reporting obligations for years. As one of Europe’s most heavily regulated entities, Clearstream’s selection of Rcloud speaks volumes about its trust in our depth of knowledge and the added scalability and performance benefits of our cloud solution.”
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