Why Institutions Building Their Own Data Centres is a Waste of Time

At Sibos 2022, Fintech Finance News caught up with Haytham Kaddoura, CEO, SmartStream, to discuss the ESG benefits of technology-forward infrastructure and what tighter regulation means for the industry.

Regulation has scared institutions in attempting to build technology infrastructures and data centres in-house. For Kaddoura, this makes no business sense as the cost to build those solutions would be drastic compared to building a strategic partnership.