EFIS 2012: Managing Desktop Spend Still a Challenge, Panel Says

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Financial firms can achieve cost savings by rolling out cheaper data desktop solutions to replace premium terminals, but risk harming their business if they do not take appropriate measures to compensate for any loss of functionality, according to a panel at last week’s European Financial Information Summit.

“When it comes to choosing desktops, you need to ask yourself, why is it cheap? Is it just a container for data, or does it actually have the depth of data you need?” said Karen Archer-Jones

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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