| | FEB - MAR 20258|8| MARCH - 2024THE FUTURE OF FINANCIAL MARKETS: GETTING READY FOR THE NEXT LEVEL OF CLOUD USAGE The evolution of digitalization is leading to challenging transformational processes at an ever-increasing pace, and not only in the financial services industry. How does a market infrastructure provider and international exchange organization like Deutsche Börse deal with these transformations? And what technologies are crucial for our business as well as the broader financial services industry? Technological innovation has always been a part of our DNA. Our core expertise is to deliver operational excellence with high process reliability and stability at scale. Deutsche Börse, therefore, made the further exploration of new technologies, which is one of the key pillars of its growth strategy.The focus here is on four new technologies ­ DLT, Cloud, Big Data and Advanced Analytics, and Automation ­ to foster innovation for both our existing businesses and new markets. As a key technology, cloud services will accelerate the push into new technologies and enable major initiatives. Cloud services will allow for developing and running blockchain-based services wherever required. Public cloud components in big data/analytics solutions accelerate the analysis of large data sets and the usage of specialized services for machine learning, to name a few. In order to drive this forward and to unfold the benefits of cloud technology, the company embarked on its journey to the cloud. The Specific Benefits of Shifting to the New TechnologyThe main advantages include improved agility, i.e.' the possibility to provide more scalable infrastructure and much faster. In addition, using cloud technology, we can develop new functionalities faster and bring them to market maturity. We also see an opportunity to automate more and leverage the efficiencies that the cloud offers. It allows concentration on the business topics and, via standardization, reduces system-induced complexity to a large extent. Overall, the cloud is an important enabler for innovation and empowers us to implement key new technologies, which are much more difficult to set up without the availability of unlimited computing power, unlimited storage, and the democratization of frameworks.OPINIONIN MYBy Michael Girg, Chief Cloud Officer, Deutsche Börse [FWB: DB1]
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