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Rearchitecting the Capital Markets:
The Cloud Cometh
By Brad Bailey and Arin Ray
Green products for structural strengthening
Celent has released a new report titled
Rearchitecting the Capital Markets: The
Cloud Cometh. The report was written by
Brad Bailey and Arin Ray, both with Celent’s
Securities & Investments practice.
Cloud-based models are transforming capital
markets. The report examines where major
transformation is taking place, and how
market participants and solution providers
are utilizing the cloud to create new models
for market data, trading, risk, and operations.
The cloud has emerged to solve
many of the current challenges,
such as cost pressure, lack
of scalability, flexibility, and
innovation
As the capital markets move forward, cloud is
proving to be a great enabler in creating an
automated, data-centric, AI future. The cloud
has emerged to solve many of the current
challenges, such as cost pressure, lack of
scalability, flexibility, and innovation. It offers
firms a more agile infrastructure that enables
them to address ever-evolving regulatory
requirements and the proliferation of trading
applications, as well as the need to rapidly
connect to multiple liquidity sources.
The implications for core IT infrastructure are
profound. The cloud model is becoming the
blueprint for infrastructure transformation
across the front, middle, and back offices. In
parallel, the capital market space is seeing
a need for better connectivity. Private,
dedicated cloud access is better suited
for capital market requirements, offering
better speed and latency as well as superior
performance and security.
The public cloud is also gaining traction in
strategically chosen functions and segments.
The cloud cuts the cost of failure and allows
firms large and small, as well as fintech
providers, to test alternative business models
in a low-risk manner.
“Saving money is only the starting point with
the cloud. The end game is a new type of
data-centric, analytically robust capital market
firm,” commented Bailey, a Research Director.
“The cloud sits at the center of all major trends we
see today in the capital markets: cost reduction,
focus on core, automation, operational efficiency,
data primacy, analytics, and machine learning,”
added Ray, an Analyst. MBR
Credit: Celent
ABOUT CELENT
Celent is a research and advisory firm
dedicated to helping financial institutions
formulate comprehensive business and
technology strategies.
Celent publishes reports identifying trends
and best practices in financial services
technology and conducts consulting
engagements for financial institutions
looking to use technology to enhance
existing business processes or launch new
business strategies.
With a team of internationally experienced
analysts, Celent is uniquely positioned to
offer strategic advice and market insights
on a global basis. Celent is a member
of Oliver Wyman Group, which is a
wholly-owned operating unit of Marsh &
McLennan Companies [NYSE: MMC].
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