Antony Fung

As the financial industry increasingly embraces the cloud, the underlying and often overlooked energy crisis threatens to derail cloud ambitions. SunGard, a hyper-scale data centre and cloud provider, has already fallen victim, and an estimated 16,000 clients are left scrambling in the aftermath. This article explores the underlying cause of rising energy prices, the impact on data centres, the risks to the financial industry, how firms can mitigate risks, and how CJC can help.

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DRDM – Powered By Blockchain-Distributed Ledger Technology

This overview introduces DRDM (Digital Rights for Data Management) by Broadhead Technologies, a solution designed to streamline the management of market data contracts. Charlie is a Market Data Manager at a large financial institution, he faces inefficiencies in managing contracts stored on a shared drive. His team spends excessive time identifying and accessing the correct version of contracts, resulting in wasted resources.

Jane suggests Broadhead Technology’s DRDM, a digital contract solution that leverages blockchain technology for enhanced efficiency. DRDM offers live, digital contracts that ensure transparency, security, and faster execution versus traditional PDF contracts. The support team at CJC can help digitise and organise all of Charlie’s existing contracts, making them searchable, and DRDM can verify his team’s licensing through digital contract permissions.

Read more: Partner Intro – DRDM>>

See more: The DRDM Proposition>>