•   
  •   
  •   

Technology Google Cloud unveils Datashares for financial services

18:40  27 may  2021
18:40  27 may  2021 Source:   zdnet.com

Oracle aims to take the headache out of cloud migration

  Oracle aims to take the headache out of cloud migration The company is rolling out a new service that it says offers a single point of contact for technical delivery and removes barriers for adoption so customers can move away from data centers.Cloud Lift is designed to accelerate migrations and act as a "seamless path to the cloud," said Oracle Cloud Infrastructure SVP Vinay Kumar. In essence, it "provides a single point of contact for all technical delivery and removes critical expertise barriers for adoption of Oracle Cloud Infrastructure (OCI) services," Oracle said.

Datashare for financial services was designed with market data publishers and data consumers in mind, collecting third-party data and arranging it in a way that makes it more accessible, according to a statement from the company. Consumers will have access to data in BigQuery and other tools while data The platform was created for exchanges, investment banks, asset managers, and hedge funds and at its core was built to share market data in a more secure way. The platform will use Google Cloud 's analytics services as well as the Analytics Hub. Christin Brown, global financial services industry

Introducing Datashare solution for financial services for licensed market data discovery, access and analytics on Google Cloud . gcp datashare .jpg. Christin Brown. Datashare helps organize third-party financial information, making it accessible and useful to market data publishers and data consumers. We open-sourced the entire Datashare solution so market data publishers can now onboard their licensed datasets to Google Cloud securely, quickly and easily, while data consumers can consume that data as a service in tools of their preference, such as BigQuery.

Google Cloud is launching a new platform for financial services called Datashare, which was created specifically for capital markets and the larger financial services ecosystem.

logo, company name © ZDNet

Top Cloud Providers

a screen shot of a person: Top cloud providers: AWS, Microsoft Azure, and Google Cloud, hybrid, SaaS players © Provided by ZDNet Top cloud providers: AWS, Microsoft Azure, and Google Cloud, hybrid, SaaS players

Top cloud providers: AWS, Microsoft Azure, and Google Cloud, hybrid, SaaS players

Here's a look at how the cloud leaders stack up, the hybrid market, and the SaaS players that run your company as well as their latest strategic moves.

Read More

Datashare for financial services was designed with market data publishers and data consumers in mind, collecting third-party data and arranging it in a way that makes it more accessible, according to a statement from the company. Consumers will have access to data in BigQuery and other tools while data publishers can "onboard their licensed datasets to Google Cloud securely, quickly, and easily."

IBM Cloud Satellite goes GA

  IBM Cloud Satellite goes GA The private and multi-cloud extension of IBM Public Cloud is now becoming available. What will differentiate it will be the IBM Cloud PaaS services that come to this platform.We provided a deeper dive description of Cloud Satellite in our original post. To recap, it adds a Location construct to represent external deployments of IBM Cloud (much like federated queries for databases treat outside sources as external tables), along with a Link that provides the tether to the control plane, based in the IBM public cloud. Importantly, IBM does manage Cloud Satellite deployments; that's a departure from most other software-defined hybrid cloud platforms that run on any hardware.

At the Google Cloud Financial Services Summit today, Google unveiled Datashare for financial services , a new product designed to help organize third-party data from market data publishers like exchanges and other providers, as well as data consumers — including investment banks, asset managers, and hedge funds. Google says Datashare , which is built on Google Cloud analytics services like BigQuery and leverages the recently announced Analytics Hub , is designed to let publishers and consumers share market data more easily and securely.

Datashare for financial services was designed with market data publishers and data consumers in mind, collecting third-party data and arranging it in a way that makes it more accessible, according to a statement from the company. Consumers will have access to data in BigQuery and other tools while data The platform was created for exchanges, investment banks, asset managers, and hedge funds and at its core was built to share market data in a more secure way. The platform will use Google Cloud ’s analytics services as well as the Analytics Hub. Christin Brown, global financial services industry

The platform was created for exchanges, investment banks, asset managers, and hedge funds and at its core was built to share market data in a more secure way. The platform will use Google Cloud's analytics services as well as the Analytics Hub.

Christin Brown, global financial services industry technical solutions leader for Google Cloud, explained in a statement that the global data landscape continues to evolve and market data publishers need to consider cloud-based models to keep up with the demands of their customers "who expect easy, flexible and cost-efficient ways to consume market data."

"Stakeholders in the ecosystem, including consumers, corporate and investment banks, asset managers, and hedge funds, are increasingly asking data publishers for data delivery via the cloud," Brown said. "Datashare solves this problem by making market data accessible and beneficial to both publishers and consumers."

Google Cloud lands Univision digital transformation pact

  Google Cloud lands Univision digital transformation pact Google Cloud will be used across Univision's portfolio with the goal of bringing more targeted media and recommendations to customers.Here's a look at how the cloud leaders stack up, the hybrid market, and the SaaS players that run your company as well as their latest strategic moves.

Datashare for financial services was designed with market data publishers and data consumers in mind, collecting third-party data and arranging it in a way that makes it more accessible, according to a statement from the company. Consumers will have access to data in BigQuery and other tools while data The platform was created for exchanges, investment banks, asset managers, and hedge funds and at its core was built to share market data in a more secure way. The platform will use Google Cloud ’s analytics services as well as the Analytics Hub. Christin Brown, global financial services industry

Google Cloud for financial services . Drive business transformation across banking, capital markets, insurance, and payments to support data-driven innovation, customer expectations, and security and compliance needs with Google Cloud . Google Cloud ’s scale and speed let you do quantitative research on efficient, scalable compute resources and turn your ideas into profitable strategies. Datashare . Exchange and monetize historical and real-time market datasets, securely, easily, and at scale.

Google said Datashares will include batch data delivery, which will allow publishers to provide reference data, historical tick data, alternative market data sources, and more via BigQuery. Publishers will also be able to onboard their licensed datasets to Google Cloud and make them available through Google Cloud Marketplace.

The platform will also allow for real-time data streaming for changing instrument prices, tick data, orders, news, and others via Pub/Sub.

The company said it was working with a variety of data publishers on the project like OneTick and Accern.

Ross Dubin, a senior vice president at OneTick, explained that the tool will allow firms to "distribute the critical time-series market data needed to drive trading operations, run sophisticated analytics and meet demanding compliance requirements."

Refinitiv proposition director Catalina Vazquez added that their work with Google Cloud would assist financial institutions in getting the information they need faster "by combining Google Cloud's machine learning tools with Refinitiv's Tick History data in BigQuery."

Rolling the dice on network slicing: Kubernetes sparks a rethink of 5G edge

  Rolling the dice on network slicing: Kubernetes sparks a rethink of 5G edge The problem with distributed computing, as with distributed anything, is finding the appropriate system of governance. A management model for distributed computing may be emerging, though it might not be the one telcos were hoping for. What is Kubernetes? How orchestration redefines the data center

Datashare launched at the Google Cloud Financial Services Summit. The proliferation of traditional and alternative data sources in financial services has created a need for a more streamlined solution for sharing information quickly and securely. “Over the last year, market participants have realized the power of having reliable market data instantly available at their fingertips,” said Trey Berre, global head of Data Services at CME Group . “We are excited to see this development from Google Cloud , which will provide our customers with new capabilities to analyze and engage with our industry-leading data .”

Financial Services . Datashare helps data publishers create BigQuery-authorized views for their datasets and apply access control for their customers. Reference architecture. Please see the diagram below that outlines how you can share your batch and real-time data directly to your Google Cloud customers with BigQuery and Pub/Sub.

"This model changes the paradigm for the financial community, helping them spend less time and money managing data and more time innovating and driving business performance with a competitive edge," Vazquez said.

Cloud

  • Multicloud deployments surge as Microsoft Azure duels with AWS
  • The top cloud providers
  • What is cloud computing? Everything you need to know
  • The best cloud storage services
  • OneDrive tips and tricks: How to master Microsoft's free cloud storage
  • Top 5 things to know about hybrid cloud (TechRepublic)

Where is IBM’s hybrid cloud launchpad? .
IBM is not the only major technology provider that has embraced hybrid and multicloud. But with vertical industry clouds, IBM could have a unique strength.We termed the new era, not as "The Cloud Default," but "The Hybrid Default," because, as enterprises got beyond those obvious born-in-the-cloud use cases to the foundational systems that keep the lights on, that their cloud decisions would have to grow more nuanced. They want the operational simplicity that cloud-native deployment can convey. In some cases, the public cloud would be the right path, but for many cases, they would need to find a way to make it work on-premises. And that's where we pick up the tale of IBM.

usr: 1
This is interesting!