Need to Know: Cloud technology

In this episode of Need to Know, our series covering the topics and issues influencing markets and the global conversation, Cory Albert, Global Head of Real-Time Data and Technology at Bloomberg, discusses cloud technology and how it’s changing workflows across the financial landscape.

Cloud, he explains, has broad applications for a variety of firms looking to level up their approach to technology. “We’re seeing both small and large firms leverage real-time data in hybrid environments,” he says. “For a smaller firm, it may just be the simplicity of being able to now afford a more resilient architecture for real-time data, especially for their mission critical trading solutions. For our larger firms, we’re seeing the cloud allow them to offer real-time data to some of their smaller, more remote offices, really increasing innovation in these localized areas.”