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Standardization of Processes and Protocols will lead to further innovation in the cloud.
There has been a gradual evolution of the tech stack over the past 15 years. I believe there will be further standardization across the industry as companies & bodies - such as the EDM council, ISLA and parties collaborating on the common data model, taxonomy for instruments and Swift - move to the cloud.
What is interesting is that they are moving in a manner that encourages adoption of standards.
This alone is usually the driver for future innovation and will further help cloud standardization.
Want to find out more about the biggest opportunities in Fintech?
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Standardization of Processes and Protocols will lead to further innovation in the cloud.
There has been a gradual evolution of the tech stack over the past 15 years. I believe there will be further standardization across the industry as companies & bodies - such as the EDM council, ISLA and parties collaborating on the common data model, taxonomy for instruments and Swift - move to the cloud.
What is interesting is that they are moving in a manner that encourages adoption of standards.
This alone is usually the driver for future innovation and will further help cloud standardization.
Want to find out more about the biggest opportunities in Fintech?