CLOUD SOLUTIONS
MSCI AND GOOGLE CLOUD TO BUILD A SECURE GLOBAL INVESTMENT DATA PLATFORM IN THE CLOUD
MSCI has announced a strategic alliance with Google Cloud to build a cloud-native investment data acquisition and development platform , aimed at delivering data , insights and solutions to power better and faster investment decision-making .
Built natively on Google Cloud , the investment data platform will help MSCI create solutions that better serve its clients , including asset managers , asset owners , banks , corporates , insurers and wealth managers . MSCI ’ s use of Google Cloud ’ s Artificial Intelligence ( AI ) and Natural Language Processing ( NLP ) technologies – and advanced analytics such as BigQuery , VertexAI and Document AI – aims to help MSCI acquire , ingest and process structured and unstructured data at scale and more quickly than ever before . By having consistent data , MSCI can more easily innovate its suite of solutions and unlock insights at speed .
Additionally , Google Cloud will provide MSCI with geospatial analytics tools to help quantify physical and transition climate risk metrics across securities , geographies and markets . Integrating geospatial data into MSCI products and solutions is designed to enable investors to model climate risks by location more accurately and efficiently , leading to more informed analysis , forecasting and decision-making .
“ This alliance will bolster MSCI ’ s worldclass solutions , helping our clients quickly turn data into relevant and actionable insights across asset classes and issues , such as climate risk . Google Cloud shares MSCI ’ s quest to advance data measurement and standardization , and we look forward to working with them as we continue to help solve investors ’ critical challenges ,” he added .
“ Google Cloud has a unique strategy for helping customers get insight from their data . We enable customers to analyse structured and unstructured data in one system and unify data lakes , data warehouses and Machine Learning into a single platform ,” said Thomas Kurian , CEO of Google Cloud .
“ Our collaboration with MSCI will enable it to build an intelligent , cloudnative data platform that will improve the way its customers can make investment decisions .”
“ We are pleased to join forces with Google Cloud to build a best-in-class AI and NLP-driven investment data platform that will help our research team accelerate its ability to create analytics products that power the financial markets ,” said Jigar Thakkar , Chief Technology Officer , MSCI . “ Combined with our broader suite of technology initiatives , this marks another step toward our mission to help our clients align their portfolios with their investment objectives through relevant data and advanced technology .” �
“ The investment industry is experiencing an exponential growth in data ,” said Henry Fernandez , Chairman and Chief Executive Officer at MSCI . “ In today ’ s fast-moving world , investors require the ability to analyse new and alternative sources of data to remain competitive and informed , assess evolving investment challenges and opportunities , separate the noise and improve operational efficiencies .”
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