Alkymi partners with Google Cloud 20 March 2025Saudi Arabia Reporter: Jack McRae
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Alkymi, a private markets data and workflow solution, has integrated with Google Cloud.
Using Google Cloud infrastructure and technology, Alkymi will offer cloud migration, enhanced operational efficiency, and solutions tailored to the unique needs of financial firms.
Alkymi is also launching its first Google Cloud deployment in the Damman region in Saudi Arabia. This is in response to the region's stringent data security, privacy, and compliance requirements.
Harald Collet, CEO of Alkymi, explains: "Within the Middle East, Google Cloud's powerful data sovereignty capabilities enable Alkymi to uniquely meet our clients strict data residency and security requirements, which has been an obstacle for many investment managers."
Bader Almadi, general manager of Google Cloud in Saudi Arabia, adds: "By leveraging Google Cloud's Dammam region, including our Sovereign Controls and advanced AI capabilities like Gemini, Alkymi can address the critical data residency and security requirements of investment managers, accelerating the adoption of AI-powered workflows for private markets and fueling regional growth."
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