Digital transformation in financial services and modernising legacy data infrastructure has been a long-standing debate, nothing more. That is until cloud-native disruptors like Starling Bank appeared. The financial industry has now been exposed to the cloud’s potential for a significant timeframe and this article leverages that exposure to discuss (1) The industry sentiments on the cloud; (2) The challenges to cloud integration; (3) Thoughts from a subject matter expert.
Cloud-based market data systems may displace legacy IT systems, eventually. But until the technology matures and becomes mainstream over the coming decade, cloud environments will likely need to be capable of integrating and working alongside traditional legacy architects. This insight investigates why hybrid cloud environments could become the default configuration as the industry adopts a cloud-first mentality, as well as how to (1) Gain a competitive cloud advantage; (2) Deliver measurable value; (3) Bridge the skills gap.
Looking ahead to 2023, the cloud focus will likely progress from discovering the benefits to obtaining and implementing resilient market data systems. This insight highlights both the short- and long-term considerations firms should account for in anticipation of this.
The appetite for cloud capabilities and off-prem data centres in the financial industry is showing no signs of slowing but soaring energy costs, exacerbated by the war in Ukraine, remain an active threat to the underlying IT infrastructure. This insight explores the industry sentiments surrounding the energy crisis, how to mitigate crippling energy outages, and how to leverage the energy crisis to enhance an institution’s market data operations.
Your market data IT infrastructure is the cornerstone of business-as-usual operations. But what happens when the performance of legacy systems becomes sub-par or worse, an unplanned outage occurs? This insight looks at five key considerations when looking for managed services providers and includes What & Why Managed Services; 5 Things To Look Out For; Whether you should consider cloud capabilities; and How CJC can help.
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.
The cost of Market Data is notoriously among the largest operational expenditures facing financial firms. However, firms do not usually fully understand why and how they can mitigate and manage the costs. This article provides an insight into five common types of client-facing challenges, the associated risks, the recommended approach, and how CJC’s award-winning consultants can help.
The Financial Conduct Authority is no longer comfortable with frequent outages and the unregulated adoption of new technologies. From 31 March, new rules and guidelines to strengthen operational resilience come into force. The article highlights the impact of the rules, enabling operational resiliency and the challenges that follow.
The Financial Conduct Authority is no longer comfortable with frequent outages and the unregulated adoption of new technologies. From 31 March, new rules and guidelines to strengthen operational resilience come into force. The article highlights the impact of the rules, enabling operational resiliency and the challenges that follow.
Firms are looking for their IT systems to both be able to detect and fix issues along with providing capacity measures in an automated manner.