Pershing X Moves Performance Reporting to the Cloud
Pershing is preparing to migrate advisor data to the cloud. The custodian announced that it will move its multicustodial performance reporting software to Snowflake, a provider of cloud-based data management. Moving that data to Snowflake will boost Pershing X’s data processing speed significantly and establish real-time file sharing, said Ainslie Simmonds, president of Pershing X. More importantly, Snowflake establishes an infrastructure to build the all-in-one advisor technology platform Pershing envisioned when it launched Pershing X in 2021.
Read the full article on InvestmentNews