Google Cloud is launching a new platform for financial services called Datashare, which was created specifically for capital markets and the larger financial services ecosystem.
Datashare for financial services was designed with market data publishers and data consumers in mind, collecting third-party data and arranging it in a way that makes it more accessible, according to a statement from the company. Consumers will have access to data in BigQuery and other tools while data publishers can “onboard their licensed datasets to Google Cloud securely, quickly, and easily.”
The platform was created for exchanges, investment banks, asset managers, and hedge funds and at its core was built to share market data in a more secure way. The platform will use Google Cloud’s analytics services as well as the Analytics Hub.