Waters Wrap: On cloud migrations and VCRs

Financial services firms are increasingly embracing public cloud offerings, but there have been stumbles along the way, including around scalability, throttling, and a lack of true multi-cloud connectedness. These are lessons that must be learned if firms want to be able to take advantage of innovative new technologies, Bill Murphy tells Anthony.

In Europe and the US, there are two interesting discussions going on about consolidated tapes. In the States, the Securities and Exchange Commission’s (SEC’s) new market data system needs an independent administrator, which will be selected by requests for proposals (RFPs). As Jo Wright explains, the road ahead is murky due to underlying questions and ongoing litigation. And across the Atlantic, Josephine Gallagher writes that some firms are voicing concerns that mandating multiple consolidated

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