WASHINGTON (dpa-AFX) - CME Group and Google Cloud announced plans to build a
private Google Cloud region, and a co-location facility, in Aurora, Illinois.
Construction of the private Google Cloud region in Aurora is scheduled to begin
in the current year. CME Group expects to provide clients with at least 18
months advance notice before CME Group markets move to the platform.

The private Google Cloud region will host Google Cloud's specialized platform
designed to support global trading of CME Group's futures and options markets,
and offer derivatives traders cloud-based, ultra-low-latency networking, and
high-performance computing. CME Group said the new specialized platform will
enable a number of benefits for its clients, including expanded flexibility,
strengthened operational efficiencies, and increased access to cloud services,
and artificial intelligence capabilities.

CME Group CEO Terry Duffy said: 'Located within close proximity to our current
data center campus, and with disaster recovery facilities in Dallas, Texas,
Google Cloud's new specialized platform will extend the benefits we can provide
to our clients through next-generation cloud technology, expanded access and
efficiencies, a broader range of customized connectivity options, and faster
product development, with minimal disruption to their current operations.'



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX