Refinitiv Brings its Financial Data to the Cloud for Customers in Asia with AWSby Fintechnews Singapore August 16, 2019
Refinitiv has launched delivery of its financial data to Asia-based clients leveraging Amazon Web Services (AWS) as it continues to expand its global cloud capabilities to meet customers’ needs.
Refinitiv’s Elektron real-time data is now available in the AWS Asia Pacific (Singapore) Region, improving service quality to customers based in the region.
The Elektron real-time cloud delivery is designed to simplify access to real-time price information across the financial community and beyond by taking away the need to invest in on-premises infrastructure.
It is also designed to enable clients to be more nimble by helping them accelerate time to market for businesses that need access to real-time data.
A recent survey by Refinitiv of senior technologists and market data managers in the financial services sector highlighted that firms across Asia intend to rapidly increase their investment in public cloud to maximize the benefits of managing the financial data that powers their business decisions.
In fact, 86% of firms surveyed in Asia said they will use public cloud for the majority of their market data needs in less than four years.
“It’s clear to us that Asia-based firms are starting to aggressively accelerate their cloud plans as they realise how leveraging the cloud across their market data infrastructure can help them move faster, grow their business, reduce their costs and better manage their risks,”
said Alfred Lee, Managing Director, Asia Pacific at Refinitiv.
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