June 7, 2022
Energy costs & data centres a threat to market data operations

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Pressure Mounts As Rising Energy Prices Threaten Off-Prem Data Centres

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 causes 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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