Tag: Google Cloud

Citi’s multi-year agreement also includes use of Google Cloud’s Vertex AI platform which will deliver Gen-AI capabilities across the firm.

Development will see Bullish replace its incumbent messaging vendor technology with Adaptive’s Aeron Premium, alongside receiving support and professional services.

The plan is to build a new private Google Cloud region to support CME Group’s global trading, offering derivatives traders access to “cloud-based, ultra-low-latency networking and high-performance computing”.

The move follows a previous collaboration between the parties which saw TD Securities’ Chicago-based subsidiary TDSAT use Google Cloud’s Kubernetes Engine (GKE) capabilities.

The TRADE sat down with Google Cloud’s managing director for capital markets, exchanges, and digital assets, Rohit Bhat, to discuss the capital markets’ uptake of artificial intelligence, the current state of play when it comes to adoption of the cloud, and how T+1 is expediting the need for technological enhancements.

New partnership will help enhance Deutsche Börse’s cloud adoption and efficiency, develop its digital securities platform and innovate its digital asset market operations.

A new Google cloud collaboration gives both front and back-office professionals access to Bloomberg’s tick-for-tick data and real-time analytics services.

Tool allows the bank’s traders and risk managers to run “what if” scenarios to identify the capital requirements to cover rating downgrades and default risk of credit products.

BNY Mellon predicts its new initiative will help traders predict approximately 40% of settlement failures in Fed-eligible securities.

The strategic multiyear partnership with Google is the first of its kind in the financial services industry, said Deutsche Bank.