Ice exec rejects cloud for critical infrastructure

FIA Boca 2023: SVP Bland “can’t imagine” outsourcing critical infrastructure; DRW’s Wilson warns of concentration risk

Cloud security

A senior Ice executive said his management team had no plans to outsource any critical infrastructure to the cloud, bucking a growing trend in the industry as CME, Eurex and the London Stock Exchange Group (LSEG) add to the roster of rivals striking agreements with cloud providers such as Amazon Web Services (AWS), Google and Microsoft.

“We really want to control that technology, and we actually think we do a very good job of that. I can’t even imagine the thought of outsourcing that critical

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