WatersTechnology Exclusive Feature
In financial services, the move to the cloud is inexorable for banks, asset managers, exchanges and vendors alike. The challenge is in figuring out the right path to take.
Trading workflow and communications platform provider, Symphony Communications Services, initially signed a deal with Amazon Web Services (AWS) as its primary cloud infrastructure provider. But after closer examination, executives deemed AWS to be too expensive and not the best partner for its desire to deploy AI-driven tools.
Symphony decided to migrate client data to Google from Amazon Web Services, and then focus on applications.
So, in June 2021, Symphony announced a partnership with Google. It intended to begin migrating to Google Cloud Platform (GCP) in Q4 2021.
"The process is expected to take about a year to complete, and will see Symphony's core platform run in Google Cloud, with some associated services that may still need to run on AWS", WatersTechnology reported at the time.
More than a year in, the migration is "on point, on target and on time," Brad Levy, CEO of Symphony, tells WatersTechnology.
But changes have been made...
[PAYWALL]
This feature is vailable to read in WatersTechnology's print edition of Q3, 2022
READ THE FULL STORY HERE: https://www.waterstechnology.com/data-management/7949641/after-switch-to-google-symphony-begins-data-migration-for-clients
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