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CLS completes data center migration with Kyndryl
Original: CLS, Kyndryl announce completion of CLS’s migration to new data center environment
CLS, the foreign exchange settlement service, and IT firm Kyndryl have announced the completion of CLS's migration to a new data center environment. The move marks a milestone in the settlement provider's infrastructure modernisation, with Kyndryl supporting the transition. Further details on timelines, costs or the operational impact of the migration were not provided in the announcement.
Why now: CLS underpins global currency settlement, so changes to its core infrastructure matter to banks and financial market participants.
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