Deutsche Börse celebrates important milestone in cloud adoption
Release date: 12 Dec 2024
Christoph Böhm, Member of the Executive Board Deutsche Börse AG and CIO/COO; Michael Girg, Chief Cloud Officer Deutsche Börse Group; Agnes Heftberger, Microsoft Germany CEO; Marianne Janik, Google Vice President for EMEA North; Sven Mulder, Managing Director SAP Germany (f.r.t.l.)
Copyright: Deutsche Börse / Martin Joppen
Christoph Böhm, Member of the Executive Board Deutsche Börse AG and CIO/COO; Michael Girg, Chief Cloud Officer Deutsche Börse Group; Agnes Heftberger, Microsoft Germany CEO; Marianne Janik, Google Vice President for EMEA North; Sven Mulder, Managing Director SAP Germany (f.r.t.l.)
Copyright: Deutsche Börse / Martin Joppen
Deutsche Börse celebrated a significant milestone by surpassing 50 per cent of our workloads in the cloud. This achievement was marked with an Opening Bell Ceremony at the trading floor in Frankfurt, attended by our Cloud partners Google, Microsoft, and SAP.
Cloud adoption is crucial for the financial services industry as it enhances operational efficiency, scalability, and security. By leveraging cloud technologies, financial institutions can rapidly deploy new services, improve disaster recovery capabilities, and reduce costs. Cloud technology also supports advanced technologies such as artificial intelligence and big data analytics, which are essential for staying competitive in today's market.
Significance of the 50 per cent cloud workload goal
Achieving the 50 per cent cloud workload milestone is a significant step in our digital transformation journey. It demonstrates our ability to innovate and adapt to the evolving technological landscape, for example SAP-based processes or our digital post-trading platform D7. This goal not only improves our operational resilience but also positions us to better serve our clients with enhanced agility and efficiency.
This milestone highlights the strong link between our strategic vision and the ability of our teams to execute. Cloud adoption enables a new way of working, pushing innovation and growth. Together with our Cloud partners, we are excited about the opportunities for Deutsche Börse and for our clients. Christoph Böhm, member of the Executive Board Deutsche Börse AG and CIO/COO
