{"id":40464,"date":"2023-02-10T13:29:14","date_gmt":"2023-02-10T13:29:14","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2023\/02\/10\/us-cloud-services-not-for-us-says-euronext-boss-the-register\/"},"modified":"2023-02-10T13:30:37","modified_gmt":"2023-02-10T13:30:37","slug":"us-cloud-services-not-for-us-says-euronext-boss-the-register","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2023\/02\/10\/us-cloud-services-not-for-us-says-euronext-boss-the-register\/","title":{"rendered":"US cloud services not for us, says Euronext boss \u2022 The Register"},"content":{"rendered":"<p> <a href=\"https:\/\/go.fiverr.com\/visit\/?bta=1052423&nci=17043\" Target=\"_Top\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/fiverr.ck-cdn.com\/tn\/serve\/?cid=40081059\"  width=\"601\" height=\"201\"><\/a>\n<\/p>\n<div id=\"body\">\n<p>Pan-European inventory alternate Euronext says worries about information sovereignty and compliance means it won&#8217;t observe rivals into signing contracts with US public cloud megacorps.<\/p>\n<p>Simply yesterday, Deutsche B\u00f6rse AG inked a decade-long settlement with Google as its \u201cmost popular\u201d cloud for the following decade, which has echoes of its earlier cope with <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/www.cmegroup.com\/media-room\/press-releases\/2021\/11\/04\/cme_group_signs_10-yearpartnershipwithgooglecloudtotransformglob.html\">CME Group<\/a>, the world\u2019s largest monetary derivatives alternate.<\/p>\n<p>Nasdaq is working with <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/www.nasdaq.com\/press-release\/nasdaq-and-aws-partner-to-transform-capital-markets-2021-12-01\">AWS<\/a>, and the London Inventory Alternate went all in with <a target=\"_blank\" href=\"https:\/\/www.theregister.com\/2022\/12\/12\/london_stock_exchange_ms\/\" rel=\"noopener\">Microsoft<\/a> late final 12 months.<\/p>\n<div aria-hidden=\"true\" class=\"adun\" data-pos=\"top\" data-raptor=\"condor\" data-xsm=\",fluid,mpu,\" data-sm=\",fluid,mpu,\" data-md=\",fluid,mpu,\">\n        <noscript><br \/>\n            <a href=\"https:\/\/pubads.g.doubleclick.net\/gampad\/jump?co=1&amp;iu=\/6978\/reg_offprem\/paasiaas&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=2&amp;c=2Y@ZGqWuh1hmdUeLglEpJ@AAAAJM&amp;t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0\" target=\"_blank\" rel=\"noopener\"><br \/>\n                <img decoding=\"async\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/pubads.g.doubleclick.net\/gampad\/ad?co=1&amp;iu=\/6978\/reg_offprem\/paasiaas&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=2&amp;c=2Y@ZGqWuh1hmdUeLglEpJ@AAAAJM&amp;t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0\" alt=\"\"\/><br \/>\n            <\/a><br \/>\n        <\/noscript>\n    <\/div>\n<p>Nevertheless, Euronext \u2013 which makes use of a cloud biz to retailer historic information \u2013 reckons its personal outlook mirrors that of monetary regulators. The inventory alternate&#8217;s chairman Stephane Boujnah informed <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/uk.finance.yahoo.com\/news\/euronext-no-plans-copy-rivals-170730730.html\">Reuters<\/a>:<\/p>\n<div aria-hidden=\"true\" class=\"adun\" data-pos=\"top\" data-raptor=\"falcon\" data-xmd=\",fluid,mpu,leaderboard,\" data-lg=\",fluid,mpu,leaderboard,\" data-xlg=\",fluid,billboard,superleaderboard,mpu,leaderboard,\" data-xxlg=\",fluid,billboard,superleaderboard,brandwidth,brandimpact,leaderboard,mpu,\">\n            <noscript><br \/>\n                <a href=\"https:\/\/pubads.g.doubleclick.net\/gampad\/jump?co=1&amp;iu=\/6978\/reg_offprem\/paasiaas&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=4&amp;c=44Y@ZGqWuh1hmdUeLglEpJ@AAAAJM&amp;t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    <img decoding=\"async\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/pubads.g.doubleclick.net\/gampad\/ad?co=1&amp;iu=\/6978\/reg_offprem\/paasiaas&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=4&amp;c=44Y@ZGqWuh1hmdUeLglEpJ@AAAAJM&amp;t=ct%3Dns%26unitnum%3D426raptor%3Dfalcon%26pos%3Dmid%26test%3D0\" alt=\"\"\/><br \/>\n                <\/a><br \/>\n            <\/noscript>\n        <\/div>\n<div class=\"adun_eagle_desktop_story_wrapper\">\n<div aria-hidden=\"true\" class=\"adun\" data-pos=\"mid\" data-raptor=\"eagle\" data-xxlg=\",mpu,dmpu,\">\n                <noscript><br \/>\n                    <a href=\"https:\/\/pubads.g.doubleclick.net\/gampad\/jump?co=1&amp;iu=\/6978\/reg_offprem\/paasiaas&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=3&amp;c=33Y@ZGqWuh1hmdUeLglEpJ@AAAAJM&amp;t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0\" target=\"_blank\" rel=\"noopener\"><br \/>\n                        <img decoding=\"async\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/pubads.g.doubleclick.net\/gampad\/ad?co=1&amp;iu=\/6978\/reg_offprem\/paasiaas&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=3&amp;c=33Y@ZGqWuh1hmdUeLglEpJ@AAAAJM&amp;t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0\" alt=\"\"\/><br \/>\n                    <\/a><br \/>\n                <\/noscript>\n            <\/div>\n<\/p><\/div>\n<p>\u201cOne of many the reason why we&#8217;re cautious about using datacenters of Microsoft, Google and Amazon for crucial elements of what we do is as a result of our core supervisors and regulators are themselves very cautious.\u201d<\/p>\n<p>He added: \u201cWhen it comes bought strategic purposes akin to real-time information and operations of the market, we don&#8217;t eat them to be saved and operated by the datacenters of corporations which have decision-making facilities exterior the EU, and bodily infrastructure exterior the EU.\u201d<\/p>\n<div aria-hidden=\"true\" class=\"adun\" data-pos=\"top\" data-raptor=\"falcon\" data-xsm=\",fluid,mpu,\" data-sm=\",fluid,mpu,\" data-md=\",fluid,mpu,\">\n            <noscript><br \/>\n                <a href=\"https:\/\/pubads.g.doubleclick.net\/gampad\/jump?co=1&amp;iu=\/6978\/reg_offprem\/paasiaas&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=4&amp;c=44Y@ZGqWuh1hmdUeLglEpJ@AAAAJM&amp;t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    <img decoding=\"async\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/pubads.g.doubleclick.net\/gampad\/ad?co=1&amp;iu=\/6978\/reg_offprem\/paasiaas&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=4&amp;c=44Y@ZGqWuh1hmdUeLglEpJ@AAAAJM&amp;t=ct%3Dns%26unitnum%3D426raptor%3Dfalcon%26pos%3Dmid%26test%3D0\" alt=\"\"\/><br \/>\n                <\/a><br \/>\n            <\/noscript>\n        <\/div>\n<p>The European Banking Authority filed <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/www.eba.europa.eu\/eba-issues-guidance-for-the-use-of-cloud-service-providers-by-financial-institutions\">recommendations on outsourcing to cloud service providers<\/a> in late 2017. These handle information safety, location of information and information processing; entry and audit rights; chain outsourcing; and exit methods. They have been designed to let monetary establishments use the cloud whereas managing perceived threat.<\/p>\n<p>Legal professionals at <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/www.pinsentmasons.com\/out-law\/analysis\/cloud-contracts-in-financial-services-regulatory-issues-to-address\">Pinsent Mason said<\/a> in September that termination and exit of a contract, subcontracting, and audit rights stay potential pitfalls.<\/p>\n<p>Worldwide alternate Deutsche B\u00f6rse AG says that in addition to operating the Digital Asset Enterprise Platform on Google\u2019s servers, its contract is meant to assist it pace up growth of the D7 digital securities platform, and the duo plan to collectively construct a knowledge mesh for information distribution.<\/p>\n<p>Theodor Weimer, CEO on the alternate, mentioned in an earnings name this week: \u201cTokenization and digitization are crucial traits for us, and we began to put the inspiration to develop into new asset courses and repair choices with various totally different initiatives. This will probably be accelerated by the strategic partnership with Google Cloud.\u201d<\/p>\n<p>Weimer added: \u201cWe&#8217;re concentrating on a public cloud publicity of round 70 %, seven-zero %, over time. As well as, we will probably be launching joint initiatives to speed up the event of latest and progressive platforms.\u201d<\/p>\n<div aria-hidden=\"true\" class=\"adun\" id=\"story_eagle_xsm_sm_md_xmd_lg_xlg\" data-pos=\"mid\" data-raptor=\"eagle\" data-xsm=\",mpu,dmpu,\" data-sm=\",mpu,dmpu,\" data-md=\",mpu,dmpu,\" data-xmd=\",mpu,dmpu,\" data-lg=\",mpu,dmpu,\" data-xlg=\",mpu,dmpu,\">\n            <noscript><br \/>\n                <a href=\"https:\/\/pubads.g.doubleclick.net\/gampad\/jump?co=1&amp;iu=\/6978\/reg_offprem\/paasiaas&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=3&amp;c=33Y@ZGqWuh1hmdUeLglEpJ@AAAAJM&amp;t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    <img decoding=\"async\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/pubads.g.doubleclick.net\/gampad\/ad?co=1&amp;iu=\/6978\/reg_offprem\/paasiaas&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=3&amp;c=33Y@ZGqWuh1hmdUeLglEpJ@AAAAJM&amp;t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0\" alt=\"\"\/><br \/>\n                <\/a><br \/>\n            <\/noscript>\n        <\/div>\n<p>Weimar mentioned sure features of its enterprise would stay primarily based by itself servers. \u201cLow latency buying and selling and studying methods will stay on-premises.\u201d<\/p>\n<p>The topic of information sovereignty is a sticky one for native cloud suppliers in Europe, however US rivals actually seem like successful the race for customized: US cloud titans account for <a target=\"_blank\" href=\"https:\/\/www.theregister.com\/2022\/09\/29\/aws_microsoft_google_european_cloud_spend\/\" rel=\"noopener\">almost three-quarters of cloud spending in the region<\/a>.<\/p>\n<p>Not everyone seems to be pleased with the way in which that enterprise is being gained, actually within the case of Microsoft, as a number of complaints about <a target=\"_blank\" href=\"https:\/\/www.theregister.com\/2022\/11\/09\/cispe_ec_microsoft_complaint\/\" rel=\"noopener\">anti-competitive behavior<\/a> in opposition to Redmond at the moment are within the fingers of EU regulators. \u00ae<\/p>\n<\/p><\/div>\n<iframe data-lazy=\"true\" data-src=\"https:\/\/www.fiverr.com\/gig_widgets?id=U2FsdGVkX18x7XQvttUTrv1oEqmGNGTgvvCUiUoJ\/AP4z\/UyMz8lXGOLpu15jIMxBbTR0gmD5uBoFvhC4KWeALQRp3h\/X\/AwcVD0K8Wj9H\/ZzYKzcCNHosB9oS4SCJJFWiN85P9ICAc4OgCoE\/wHKIY7CDkf2\/DQ1vqGvk4smVe5cRDEmrLPCWi4FC8p40VUhSmWQ5udCm0zoJtorgWv3vbDQw0kKYkwn39ozAnQXDe+YvWMxkLFWA+O3TFwkJvdkIK+\/AUSnRssPKt5WHY0FhNOxnSPcLslEL4G4\/RfP95ve99U+kRnDy3X+KtzdQLY+u935ghON\/o3UE4IMv9oN6JX9RnxzL\/LRcOgnHigxStSGPKsZYtnz8RWNVT\/rOLAibqiWJadC5MYHRbekF3eg6FOGrQGkXYbsn0+a5aovnlLCbLwIqY9fcS17UX8J235iQ6cdmHNbrPeS84CMm34RA==&affiliate_id=1052423&strip_google_tagmanager=true\" loading=\"lazy\" data-with-title=\"true\" class=\"fiverr_nga_frame\" frameborder=\"0\" height=\"350\" width=\"100%\" referrerpolicy=\"no-referrer-when-downgrade\" data-mode=\"random_gigs\" onload=\" var frame = this; var script = document.createElement('script'); script.addEventListener('load', function() { window.FW_SDK.register(frame); }); script.setAttribute('src', 'https:\/\/www.fiverr.com\/gig_widgets\/sdk'); document.body.appendChild(script); \" ><\/iframe>\n<br \/><a href=\"https:\/\/go.theregister.com\/feed\/www.theregister.com\/2023\/02\/10\/euronext_says_non_nein_to\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pan-European inventory alternate Euronext says worries about information sovereignty and compliance means it won&#8217;t observe rivals into signing contracts with US public cloud megacorps. Simply&#8230;<\/p>\n","protected":false},"author":1,"featured_media":40465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-40464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-universe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>US cloud services not for us, says Euronext boss \u2022 The Register - mailinvest.blog<\/title>\n<meta name=\"description\" content=\"Technology is forever changing, and there are always new pieces of technology to replace obsolete ones. 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