FactSet and AWS Announce Plans to Bring FactSet’s Global Exchange Data to the Cloud
“Moving a full ticker plant onto the cloud is the holy grail of market data engineers,” said
FactSet’s cloud-based ticker plant will rely on the new Amazon Elastic Compute Cloud (Amazon EC2) instances built on the AWS Nitro System. The migration process is scheduled to begin later this year and is estimated to be completed in 2021. FactSet clients will benefit from faster cloud-based content delivery and AWS’s large global footprint, which will allow for reduced latency and increased local data processing and normalization.
“FactSet is continuing to expand its use of AWS to deliver innovative financial services offerings that help customers scale, manage, and build complex analytics platforms in the cloud,” said
About FactSet
FactSet® (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 131,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly scored 100 by the
FactSet
Media
+1 617 330 4122
jennifer.berlin@factset.com
Media & Investor Relations Contact:
Rima Hyder
+1 857.265.7523
rima.hyder@factset.com