Cloud Computing Continues to Reshape Capital Markets

Modern Money SmartPod

When cloud technology was first introduced in markets, many people in the financial services sector were hesitant. There were concerns about security and even questions about overall use cases. Well, it is safe to say that things have changed. Today, the cloud is being used by finance pros in ways that would have been hard to imagine just a few short years ago.

Joining me today to provide an update on the current cloud landscape in financial services is Rohit Bhat from Google Cloud. Rohit leads Google Cloud’s efforts in Capital Markets, Digital Assets, and Exchanges in North America. His focus areas include technology enablers for accelerated quantitative research, pattern and anomaly detection, market data distribution, and insights-based risk and underwriting.
Rohit shares his insights about how the cloud is helping finance firms tackle all manner of tasks right now, but he also shares his view on what the future of the cloud might look like. Advancements in things like machine learning and artificial intelligence mean there are a lot of incredible capabilities on the way.
More resources
Learn more about Google Cloud for Capital Markets
Check out the whitepaper: Building the financial markets foundation for the future from Google Cloud
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Chapters

1. Cloud Computing Continues to Reshape Capital Markets (00:00:00)

2. Where things stand right now regarding the adoption of cloud technology in financial services (00:02:49)

3. Biggest technology challenges finance firms are currently encountering (00:04:56)

4. Trends and common questions from existing or potential cloud users (00:08:23)

5. Top tasks finance firms are aiming to tackle via cloud technology (00:11:03)

6. When regulatory reporting requirements lead to optimized operations and strategies (00:14:52)

7. The role of cloud technology in an ESG world (00:18:30)

8. On Google Cloud's new partnership with MSCI (00:21:33)

9. Leveraging other Alphabet properties to make financial services more efficient (00:22:29)

10. How data providers are putting cloud technology to use (00:24:55)

11. Rohit's 3 bold predictions (00:27:25)

12. How artificial intelligence and machine learning will continue to impact markets (00:31:22)