From recent concall we get to know that

• 80% use self-service public cloud

• 20% use private cloud

• Private cloud is more static in nature, which means that any changes to their cloud configuration would take days rather than minutes or seconds, but broadly, it’s very, very similar to the public cloud except that your scale ups and scale down happens in days and weeks rather than happening in a few seconds via an API call.

• Company is not into contract modelling

• There is not a massive difference between public and private except that the public is technically slightly ahead in terms of the time taken to do things on the public cloud is obviously shorter.

• There is no relearning required to kind of migrate from one cloud platform to another

• Migration : There are business constraints in terms of the proper project planning being required to migrate from the on-premises to a cloud or from one cloud to another

In the below article – most of ecommerce use E2E because of low cost and for managed services such as to tackle “upswings or downswings in traffic easily and cost-effectively”. they use Google or AWS.

If you see E2E offering here :

There is a cost associated to each, why it makes more sense to ecommerce because of hype scaling as when they need, load balancing & CDN.

So far E2E is the only company in India that I know of provides such decent good oriented services.

We already have multiple threads on mutual funds. Please move the content there as there is no need for additional thread.

If I may add an additional risk, please refer to the transcripts of the 1Q analyst call and subsequent IIFL organised call on Aug 3. SEBI has refused to permit January contracts. My interpretation is that
this effectively means that if the transition drags on, hedgers will be unable to hedge January future contracts on MCX (and would therefore look at alternate options – e.g. NSE). This is a big risk as this is one way liquidity can move to another exchange. See below the extract (and the management refusing to provide a view on how they will tackle this saying it is a worst case scenario)

What would have helped is if the management had clarified how serious the current ‘technical issue’ raised in courts is. Fingers crossed it is a minor hiccup. Not sure if anyone else has a more detailed overview on what the risk of the current court case is?

Disc: Invested with a full position so likely to be biased

I think both DPs and AMCs are same w.r.t safety and security of investments. And all these being connected with technology, and not physical, the possibility of fraud happening at one level or another always exists, and I AFAIK, I haven’t come across any theft of data which has resulted in the loss for investors, apart from the glitches while making transactions, which are common.

I would worry, if a breach happens and data is stolen, which results in unaccounted units, ambiguous statements, and I guess one solution here can be, to maintain our own records with statements downloaded regularly, and checking regularly if all the transactions are correct or not.

Been investing for some years both through AMCs and demat, never had any suspicion, nor the worry.

If you are really concerned, use a basic phone with no internet connection for all the financial transactions, so that we can eliminate the threat of intrusions through net.

No
Impact on Gagan Banga stake !!