Clearstream Banking AG, a post-trade business of Deutsche Börse Group based in Luxembourg, is shifting from on-premise to cloud-based regulatory reporting by adopting Regnology’s Rcloud platform, powered by Google Cloud Platform.
Facts
- Clearstream, headquartered in Luxembourg, provides international securities services and must adhere to regulatory reporting requirements in Luxembourg and Germany.
- Clearstream is migrating its regulatory reporting to Regnology’s Rcloud platform, which was developed in partnership with Google Cloud.
- Deutsche Börse Group follows a hybrid, multi-cloud strategy, and Clearstream’s move to Rcloud will ensure compliance and benefit from scalability and real-time reporting data.
- The Rcloud platform offers improved deployment, infrastructure-as-code services, run and change management automation, and self-service capabilities through the Regnology Cloud portal.
- Maciej Piechocki, Regnology’s chief revenue officer, highlights Clearstream’s trust in their expertise and the performance advantages of their cloud solution.
- Volker Riebesell, CTO of Clearstream Banking AG, expresses satisfaction in being among the first institutions to adopt the Rcloud platform as part of their cloud adoption journey.
