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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Reduce Risk, Cut costs, and Improve Your Market Data Strategy

In this spotlight interview, Catherine Ottway speaks with Tom Dawe, a Market Data Administrator at CJC, about his professional journey and practical experience with inventory database migration. Tom shares how his background in developing systems for a car dealership and working with tools at Calero laid the foundation for his current role, where he’s gained expertise in platforms like MDS, OS and other inventory tools. He emphasises the importance of cleansing and validating data before migration to avoid duplication and ensure accuracy, especially when dealing with large, complex datasets from acquisitions. Tom outlines a structured approach—segregating data into readable categories, validating each segment, and uploading it methodically—to maintain data integrity and streamline reporting. He reflects on the challenges of handling vast volumes of data and the satisfaction of transforming it into reliable systems. His time at CJC has been marked by diverse client engagements, each offering unique operational insights, and he credits the company’s variety of projects and the FISD course for deepening his understanding of market data. The conversation concludes with mutual appreciation, highlighting Tom’s contributions and growth within the organisation.

Chapters:

• 00:07 – Introductions
• 00:38 – What experience do you have with inventory databases?
• 01:15 – Why is it so important to cleanse market data before a migration?
• 02:18 – What experience so you have since coming to CJC, with that kind of work?
• 02:51 – How would you go about migrating data in all of its formats to a clean database?
• 03:46 – In your opinion what can be the pitfalls of getting it wrong?
• 04:27 – When did you join CJC and how do you find it?