The next wave of cloudification in capital markets is on the horizon | Asia Asset Management - Partner Content

Are trading operations about to move to the cloud? The answer may soon be yes with Colt Technology Services successfully pioneering cloud colocation f...

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,Cloud Service Providers ,Google ,Colt Technology Services ,Amazon Web Services ,Nasdaq ,Are Trading Operations About To Move The Cloud Answer May Soon Be Yes With Colt Technology Services Successfully Pioneering Colocation For Hosting And Distribution Of Multicast Data Several Its Customers In Capital Markets Asa Proof Concept Poc Once Expanded ,T Would Representa Great Step Forward Towards Allowing Brokers ,Fund Houses ,Arket Data Providers And Algo Traders To Fully Embrace The Benefits Of Cloud Within Their Digital Transformation Journeys With Concerns About Security Reliability ,He Finance Sector Has Previously Moved Only Some Middle And Back Office Functions To The Cloud ,Ncluding Settlement ,Econciliation And Processing ,S Well As Some Less Latency Dependent Operations Such Fixed Asset Trading But Rapid Shifts In The Market Landscape And Other Post Pandemic Realities Mean Industry Must Reassess Its Data Connectivity Infrastructure To Keep Up With Intermediaries Including Stock Exchanges Clearing Houses Who Are Already Embracing Cloud Projects Last Year ,Oogle Surprised The Market Witha Ten Year ,Illion Dollar Partnership With Cme To Accelerate The Move Of One World Amp Rsquos Largest Derivatives Exchanges Cloud Meanwhile ,He Tech Focus Trading Platform ,As Also Approached Aws Witha Multi Year Partnership To Builda New Capital Market Infrastructure For The Future With Migration Cloud Becoming Inevitable ,Usiness Leaders And Board Rooms Must Act Swiftly 039 Future Proof Their Front Office Functions To The Cloud Overcoming Multicast Barrier Until Now ,He Cloudification Of The Front Office Has Been Limited By Inability Cloud Service Providers To Facilitate Multicast Data However ,Hrough Its Proof Of Concept ,Olt Has Worked With Amazon Web Services Aws To Build Virtual Distribution Points Of Presence Pops In The Cloud ,Emonstrating The Viability Of Hosting And Distributing Multicast Data Ina Live Market Environment Using Froma Number Stock Exchanges In Asia This Represents Several Important Breakthroughs First ,T Removes Several Layers Of Data Processing That Currently Act As Barriers To Latency And Efficiency Previously ,Aw Data From One Stock Exchange Had To Be Normalized Before It Could Sent Multiple Connection Points ,A Step That Has Now Been Completely Bypassed Secondly ,He Traditional Distribution Of Data And Functions Across Different Layers Requires Enormous Bandwidth Throughput This Is No Longera Reality With The Poc Being Tested On Real Time Feed Performance Without Any Packet Drop Thirdly ,T Has Demonstrated The Capacity To Consistently Handle Data Volumes Of Over One Gigabyte Lowest Latency Routes Within Aws Cloud Environment ,He First Time Such Low Latency Data Volume Has Been Supported Securely On An End To Basis The Potential Of Cloudification For Traders And Asset Managers Is Huge Trading Desks Will Be Able Pilot New Strategies Applications Designed Attract Customers Expand Their Services Capabilities ,Ithout The Time ,Ost And Complexity Of Installing Dedicated Hardware Software While Leveraging Colt Amp Rsquos Monitoring Tools To Gaina High Level Transparency On Service Delivery By More Fully Embracing The Cloud ,Irms Can Better Unlock The Value Of Market Data ,Ringing About New Insights ,Enhancing Decision Making ,Nd Optimizing Operational Processes Proven Expertise The Colt Advantage Amp Rsquos Capital Markets Solutions Are Underpinned By Iq Network Ndasha 100 Gbps Optimised Intelligent ,Hich Spans More Than 31 ,000 On Net Buildings ,000 Data Centres And 51 Metropolitan Area Networks Across Europe ,Sia And North America Amp Rsquos Largest Business Hubsa Member Of The Aws Partner Network ,Olt Provides Aws Connectivity Toa Large Number Of Enterprises In Asia Across All Industries For Capital Markets Firms Japan ,Hong Kong And Singapore ,Olt Offers Enhanced Connectivity To Aws Direct Connect Hosted Services With Speeds Of Up 10 Gbps Through Colt ,Ustomers Can Also Connect Directly To Aws Direct Hosted Services Without Having Use Cross Connects ,Educing Their Total Cost Of Ownership Tco And Increasing The Speed Delivery ,