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Next Gate Tech Finalist for Cloud Tech Innovator of the Year

After a couple of months of existence, we are proud to share with you that we have been selected as finalists for the Cloud Tech Innovator of the Year during the Golden-I gala in Luxembourg.

Published on 2nd of May 2019

FK
Fanni Koncz

New world of opportunities

The Cloud Technology is opening a world of new possibilities in the Asset Servicing Industry, in Luxembourg and across Europe. While Automation and Digitization solutions based on the cloud technology are nowadays the average in pretty much every industry, there is a very large part of the financial world that has not followed this evolutionary path.

Cloud Solutions

The Asset Management, and more particularly the Asset Servicing. There were no dedicated regulatory requirements for IT outsourcing set-ups that are based on cloud technology. The consensus was that cloud solutions were generally not permitted.

Regulation

During the last couple of years, European Regulators have been very proactive on the matter and released new directives. We are using this new world of possibilities in our innovative solution to handle big amount of data and smart automation.

Thank you, Cloud Community Europe!