Deutsche Börse inks 10-year strategic partnership deal with Google Cloud
Deutsche Börse has announced a 10-year strategic partnership deal with Google Cloud as the German exchange operator looks to boost its cloud adoption.
Deutsche Börse partners Google Cloud
In particular, Deutsche Börse will leverage Google Cloud’s infrastructure and data and analytics capabilities to develop its digital securities platform D7, as well as its wider digital asset market operations.
The D7 platform handles the end-to-end processing of digital securities linked to existing legacy environments and is interoperable with other systems based on distributed ledger technology (DLT).
Under the new partnership, Google Cloud will power Deutsche Börse’s cloud-native Digital Asset Business Platform, which aims to establish an institutional-grade ecosystem for trading digital assets.
The cloud provider will also become Deutsche Börse Group’s go-to partner for cloud consumption over the next 10 years, and the pair will jointly deploy a data mesh to enhance Deutsche Börse’s data distribution and data use cases in the cloud.
Deutsche Börse CEO Theodor Weimer says the combination of the firm’s “deep market infrastructure” knowledge and Google Cloud’s tech expertise and scale “will drive tangible success for our business”.
