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In the competitive world of finance, staying at the forefront of technology is table stakes. Recently, a leading Canadian financial services company grappled with significant operating costs due to the challenges of maintaining its aging hardware while maintaining high availability for its mobile trading platform. The company needed a scalable solution to satisfy its existing performance requirements while allowing ample room for growth as the business expands. Learn how Carbon60 stepped in with a resilient hosted private cloud solution that not only met their immediate performance needs but also laid the foundation for future growth 👉 https://lnkd.in/gBtzqTgY #CloudSolutions #CloudServices #PrivateCloud #Cloud

☁️ Unlock the future of financial markets with Nasdaq's latest report, State of Play: Cloud Adoption Among Financial Market Infrastructures (FMIs) in 2024 and Where It’s Heading. As FMIs navigate the shifting tides of regulatory and participant demands, modernizing their internal systems has emerged as a strategic imperative. Here are five insightful quotes from the report that encapsulate these game-changing insights: https://lnkd.in/dP6iUc_X

Are you maximising the value of your cloud investments? 💻 Financial institutions face strong economic pressure, regulatory changes, and evolving customer expectations, punctuated by strong competition from #fintechs and #insurtechs. Laurent Nguyen, Partner, Forvis Mazars, and Omar Hezzaz, Manager, Forvis Mazars, detail the importance of collaboration between #finance, #technology and business teams to maximise the value derived from cloud investments. Read more: https://lnkd.in/eaVpW_G3 #FinOps #CloudComputing #FinancialOptimisation

At a macro level, the credit contraction is the biggest long-term threat to the sector, but investors are reacting currently to how margin pressures are declining due to the rate decline. The longer-term dark cloud is still hanging over this sector. https://buff.ly/3tAsokg

At a macro level, the credit contraction is the biggest long-term threat to the sector, but investors are reacting currently to how margin pressures are declining due to the rate decline. The longer-term dark cloud is still hanging over this sector. https://buff.ly/3tAsokg

Real-time financial data access and collaboration are transforming the way businesses operate. Discover how cloud computing enables this revolution by providing centralised data storage, on-demand scalability, enhanced collaboration, advanced security, and cost-effectiveness. Contact www.fennech.com to learn more and unleash the potential of cloud-powered finance. #CloudComputing #FinTech #DataCollaboration

Are you maximising the value of your cloud investments? 💻 Financial institutions face strong economic pressure, regulatory changes, and evolving customer expectations, punctuated by strong competition from #fintechs and #insurtechs. Laurent Nguyen, Partner, Forvis Mazars, and Omar Hezzaz, Manager, Forvis Mazars, detail the importance of collaboration between #finance, #technology and business teams to maximise the value derived from cloud investments. Read more: https://lnkd.in/dSgZC6Vx #FinOps #CloudComputing #FinancialOptimisation

VMware has been acquired by Broadcom, leading to significant licensing changes as they move from a perpetual to a subscription model. As I understand it, this shift is expected to result in a considerable price increase for most customers in Australia and New Zealand. Does that match your understanding?   Given this situation, you have several options: maintain your current setup, reduce your footprint, switch to a different hypervisor, or redesign your infrastructure for the cloud. Are there any other alternatives you're considering?   In navigating these changes, a tool like Device42 will be invaluable. It offers a comprehensive view of both the hardware and software in your environment, essential for identifying where you can optimize capacity. Its dependency mapping feature also simplifies the migration process. Thorough.   Having an IT Asset Management tool like Device42 is all about ensuring your team has the right data to manage this change smoothly. Mike Clarke, Founder #Broadcom #VMware #Device42

Join us tomorrow at ACM #SIGCOMM'23, where Prateesh Goyal will present our latest work on Cloud Hosted Financial Exchanges. Exchanges are typically hosted in on-prem data centers to provide equal latency to market participants, for example, for high frequency trading applications. Consequently they do not get the scale, performance, and cost benefits of running in the cloud. In this work we present the design and implementation of a new fairness primitive, that allows Exchanges to be hosted in the cloud, while guaranteeing fairness! This could help bring unprecedented scale, efficiency, and transparency to the Exchanges of the future! Eashan Gupta, Ilias Marinos, Chenxingyu (Frank) Zhao, Radhika Mittal

A very important area we’ve been emphasizing on. There is increasing recognition of the potential systemic risks to financial firms from third-party technology service providers, including #Cloud service providers #FinancialStabilityInstitute