1/29/2024 0 Comments Markit client base“Using AWS, we have the ability to instantly deploy a standardized security model with the encryption and key management services that our global financial customers need, which is a big advantage. It meets all our needs in terms scalability, affordability, security, and its track record of successful implementations,” says Eisen. “AWS is, in our opinion, the market leader in cloud technology. IHS Markit evaluated Amazon Web Services (AWS) and other prominent cloud providers. They also need to meet evolving regulatory compliance obligations and expect us to help.” For all these reasons, IHS Markit is embracing the cloud. “Our banking customers increasingly have to manage very complex applications, but they don’t want to use their resources on day-to-day platform management. The company also needs to meet its customers’ needs for managing mission-critical financial services applications. “We are committed to executing against the service-level agreements we’ve made with our customers without doing anything that could risk data loss,” says Eisen. Having an elastic, scalable, and reliable cloud platform is of paramount importance,” Eisen says.Īdditionally, IHS Markit seeks to serve its customers while reducing operational risk. “Time-to-market and the ability to execute flawlessly are top priorities for us. The company also wants to deliver new features and services to its financial services customers more rapidly. The speed of change seems to be accelerating all the time and we are constantly being asked to do more with less,” says Andrew Eisen, managing director, global head of cloud strategy and hosting services, at IHS Markit. “It is an unprecedented time in financial services. Like all companies with customers in the financial services industry, IHS Markit is operating in a fast-changing environment.
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