Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Data services news
  3. TP ICAP and AWS collaborate
Data services news

TP ICAP and AWS collaborate


03 December 2024 UK
Reporter: Jack McRae

Generic business image for news article
Image: stock.adobe.com/Business Pics
AWS will collaborate with TP ICAP to streamline and scale the financial market infrastructure and data solutions provider’s technology infrastructure.

The collaboration will see the acceleration of the development of Fusion, TP ICAP’s digital platform, designed to enhance its ability to serve clients throughout the transaction lifecycle.

The firms say that the collaboration will more than halve new product development times, enhance scalability, and almost double TP ICAP’s IT workload on AWS Cloud to over 80 per cent.

Nicolas Breteau, group CEO at TP ICAP, says: “We will be able to develop new functionality, faster, to enhance our electronic platform, Fusion. And by equipping our teams with AI expertise and tools, we will further strengthen our ability to develop new solutions, execute at scale, and better serve our clients.”

Tanuja Randery, vice president and managing director for AWS EMEA, adds: “This will reduce TP ICAP’s reliance on physical data centres and legacy systems, delivering millions in annual savings and cutting carbon emissions.”
Next data services article →

NeoXam acquires EZOPS
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →