Many of the world’s largest financial exchanges are transforming the way they run global capital markets through the adoption of cloud computing technologies.
In November, CME Group entered a 10-year partnership with Google that will it move its IT infrastructure and markets to the cloud. CME Group says this will enable it to launch new products and services much more quickly.
Then, a month later, Nasdaq and Amazon Web Services announced a similar collaboration. Through a several-year partnership, AWS will work with Nasdaq to transfer the latter’s North America-based markets to a cloud computing environment.
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