Larger capital markets participants can have entire global teams responsible for these activities.īy streaming market data in the cloud, the barrier to entry for consumers becomes lower. The traditional method of accessing real-time market data requires firms to co-locate in data centers, purchase and maintain physical hardware, and manage connectivity between the providers and their own data centers. Simplifying access to real-time market data This pattern is based on an analytical market data app that we built at Google Cloud last year for our Next OnAir ‘20 conference. In this blog post, we’ll share a cloud-first architectural pattern that provides developers a low-friction means of accessing real-time market data streams, with a focus on delivery to application front-ends.
However, cloud-based delivery has now made real-time market data accessible to a wider array of applications.Īs firms reimagine their technology strategy through a cloud-first lens, they have an opportunity to apply real-time data (and its attendant benefits) to these peripheral use cases and accelerate their time to insight.
Until recently, the high onboarding, licensing, and overall maintenance costs of real-time market data made it difficult for many firms to adopt. But there are also peripheral use cases that would benefit from real-time market data streams, and that are more tolerant of performance variability, such as data visualization and monitoring applications. For those in the financial industry, the core applications for electronic trading of financial instruments have stringent tolerances around latency, throughput, and jitter.
0 kommentar(er)
