About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

CME Group Selects Google Cloud Platform for Real-Time Market Data

Subscribe to our newsletter

CME Group has joined the crowd on the cloud, but has selected the Google Cloud Platform (GCP) to offer real-time futures and options market data, rather than the usual choice of vendors in capital markets, Amazon Web Services (AWS).

The collaboration between CME Group and Google Cloud will go live on November 17, 2019 and provide access through an internet connection through the Google Cloud global network to all real-time CME Group data available, including CME Globex market data and third-party data sources. The group’s data platform on GCP uses the Google Cloud Pub/Sub Service, a fully-managed, real-time messaging service.

Trey Berre, CME Group global head of data services, says: “Our clients around the world are looking for quality real-time data in the cloud. Collaboration with Google Cloud will not only make it easier for clients to access the data they need, but also make it easier to integrate our market data into cloud-based technologies.”

For Google, this has to be a good deal as it tries to push further into the cloud financial services sector dominated by AWS and, to a much lesser extent, Microsoft Azure.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The Role of Data Fabric and Data Mesh in Modern Trading Infrastructures

The demands on trading infrastructure are intensifying. Increasing data volumes, the necessity for real-time processing, and stringent regulatory requirements are exposing the limitations of legacy data architectures. In response, firms are re-evaluating their data strategies to improve agility, scalability, and governance. Two architectural models central to this conversation are Data Fabric and Data Mesh. This...

BLOG

smartTrade’s kACE Acquisition Signals the Next Phase of FX Derivatives Automation

smartTrade’s agreement to acquire kACE Financial from BGC Group underscores a decisive shift in institutional FX trading technology, as the market moves beyond connectivity-led platforms toward deeper pricing intelligence, derivatives automation, and converged front-office workflows. Under the terms of the transaction, kACE is valued at up to $119 million, comprising an initial $80 million payment...

EVENT

Eagle Alpha Alternative Data Conference, Spring, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Risk & Compliance

The current financial climate has meant that risk management and compliance requirements are never far from the minds of the boards of financial institutions. In order to meet the slew of regulations on the horizon, firms are being compelled to invest in their systems in order to cope with the new requirements. Data management is...