Skip to main content
Survey: Financial Firms Look Towards Public Cloud
In a new survey conducted by Thomson Reuters, 90% of financial services firms said that they will use public cloud for the majority of their market data needs in less than four years, while 24% said that they will do so within just one year. Meanwhile, respondents said their firms would be increasing investment in public cloud by over a half, from 30% of IT budgets in 2017 to 47% in 2019. These results are particularly significant, given that financial services firms are increasingly fuelled by data, whether to discover profitable new insights or to help them automate their reporting processes and manage costs at a time of intense regulatory pressure.

Please Log in or Register to view this content.

Access to event programmes and latest news is FREE upon registration to approved market participants. Please note that a manual approval process is in place. Registrations are approved during London and New York office hours. Click here to register

To access our full website with over 11,000 articles, please subscribe by clicking here.

Click to log in

Click to subscribe