Standard Chartered Bank and Vanguard Focus on Cloud Computing for Capital Markets
Cloud Computing in Capital Markets
Firms like Standard Chartered Bank and Vanguard are leveraging cloud computing to bolster their infrastructure as they navigate cost management. With increasing reliance on cloud services, particularly across exchanges & trading venues, the significance of controlling expenses cannot be overstated.
Implementing Effective Controls
To mitigate unintended costs, it is essential for firms to establish controls around their cloud usage. Key players such as the Chief Innovation Officer and Chief Technology Officer must direct initiatives that enhance the efficiency of cloud frameworks within data centers and associated operations.
Emerging Technologies in Focus
- Infrastructure Optimization
- Cost Efficiency Measures
- Data Management Strategies
- Collaboration with Asset Managers
Investing in emerging technologies is key for banks and asset managers looking to streamline their operations and capital expenditures in the cloud landscape. Understanding how to drive-down operational costs is paramount.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.