Dark Clouds For Off-Site Data
Cloud computing is facing challenges in gaining adoption in the financial services industry, including in trading and market data operations. Those challenges are equally stark, if not more so, for reference data.
Unfinished regulation is one deterrent, according to Dennis Slattery, CEO and chief data architect at London-based data management provider EDM Works. “Most banks and insurance companies are getting more concerned about the extent of regulation around client data and are therefore less
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