Global marketplace CME Group has entered into an agreement with infrastructure group 6fusion as CME moves closer to launching a cloud resource marketplace.

The partnership between the two groups has now allowed CME Group to announce the trial of a beta marketplace service at the end of 2014.

The marketplace will be targeted at enterprise level customers with expectations of buyer IT expertise for cloud commodity purchasing due to the advanced nature of the market.

6fusion will provide a standard measurement framework allowing buyers to compare prices from different cloud vendors.

Head of product strategy at 6fusion, Rob Bissett, said: “You can already go out and find a bunch of vendors and come up with their list pricing, but what is fundamentally different about our marketplace is that it allows for apples to apples comparisons as it is based on a standardised unit of measurement”.

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