The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Thomson Reuters’ Brennan Carley Presents the Case for Cloud Adoption

Cloud technology has attracted champions and cynics for many years, but times are changing as financial firms realise the benefits of both public and private cloud environments in terms of cost savings, operational gains and business agility.

Brennan Carley, global head of enterprise at Thomson Reuters, presented a compelling keynote on why trusted data belongs in the cloud at A-Team Group’s recent Data Management Summit in New York City. He noted the cost of data consumption and management at four to eight dollars for every dollar spent and argued the case for cloud in terms of scale, agility, reduced costs and greater data integrity. He also noted the capabilities of the cloud that allow developers to spin up servers and build and test applications quickly and at low cost.

Reviewing results of a recent survey on cloud take-up by Thomson Reuters, Carley described a surge in adoption of public cloud solutions over the past few years as cloud providers have improved data security to a level on a par with, or greater than, enterprise data security. To succeed in the cloud, he recommended a multi-vendor strategy and strong data governance.

You can find out more about the challenges and opportunities of using cloud technology, and Thomson Reuters own approach to cloud, by listening to the podcast of Carley’s keynote at the Data Management Summit.

Related content

WEBINAR

Upcoming Webinar: Optimising analytics – the role of data quality and data governance

Date: 12 October 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Analytics are key to business decisions, revenue generation, optimal performance, risk mitigation, and more in capital markets – yet they are only as good as the data on which they are based, and that is not always very good....

BLOG

Guotai Junan Securities Asset Management Selects Bloomberg Data License Plus to Support Digital Transformation

Bloomberg has reached cooperation on financial technology with Guotai Junan Securities Asset Management (GTJA AM) to support the asset manager’s digital transformation. Guotai Junan is based in Shanghai and is the first Chinese financial institution to adopt Bloomberg Data License Plus (DL+), a hosted data management solution that the firm will use to enhance its...

EVENT

RegTech Summit New York City

Now in its 5th year, the RegTech Summit in NYC explores how the North American financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

ESG Handbook 2021

A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...