Announcing the AWS Well-Architected Financial Services Industry Lens

We are delighted to announce the release of a new version of the AWS Well-Architected Financial Services Industry Lens and whitepaper (FSI Lens). The Well-Architected guidance consists of a lens whitepaper and an AWS-created lens that’s available in the Lens Continue reading Announcing the AWS Well-Architected Financial Services Industry Lens

Implementing Financial Sanctions Compliance with AWS

Safeguarding the global financial system from money laundering, which is estimated to impact 2-5% of the world’s GDP annually, is crucial. Regulatory bodies have imposed stringent penalties for violations, emphasizing the need for robust compliance measures. As financial crimes become Continue reading Implementing Financial Sanctions Compliance with AWS

AWS responds to European Supervisory Authorities’ second consultation on technical standards under the Digital Operational Resilience Act (DORA)

In October 2023, we briefed customers on our submission to the public consultation on the first batch of regulatory technical standards (RTSs) made under DORA. As part of our continuing engagement with regulatory authorities on the finalization of DORA, including Continue reading AWS responds to European Supervisory Authorities’ second consultation on technical standards under the Digital Operational Resilience Act (DORA)

UK regime for critical third parties and its impact on financial services customers

As the proposed regime for critical third parties (CTPs) to the UK financial services sector continues to progress, financial institutions are interested in assessing and understanding the impact that working with a designated CTP will have on their reporting requirements Continue reading UK regime for critical third parties and its impact on financial services customers

Architecting Critical Payment Systems for Multi-Region Resiliency

A wide range of critical systems architected to run on AWS Cloud use active-active patterns for high availability (HA) across multiple AWS Availability Zones (AZs) and active-passive patterns for disaster recovery (DR) across multiple AWS Regions. Financial services customers choose Continue reading Architecting Critical Payment Systems for Multi-Region Resiliency

Sustainable Fitch builds new ESG rating platform using AWS

There is a growing interest around environmental, social, and governance (ESG) ratings and insights in the marketplace. This interest has created new opportunities for information and products that provide clarity about the ESG footprint of a variety of entities, from Continue reading Sustainable Fitch builds new ESG rating platform using AWS

InsurTech: Event-driven Insurance Policy Processing Approach

Traditional monolithic policy processing systems are often burdened with complexity and inefficiency, leading to slow response times, errors, and customer dissatisfaction. However, the emergence of InsurTech has paved the way for innovative solutions that can revolutionize insurance policy processing. In Continue reading InsurTech: Event-driven Insurance Policy Processing Approach

One Trading exchange and AWS: Cloud-native colocation for crypto trading

Latency is one of the sources of competitive edge and a continuous focus for exchanges and Market Makers in capital markets. Improving latency positively impacts the execution of trading strategies, enhancing liquidity and increasing profitability for market venues and participants. Continue reading One Trading exchange and AWS: Cloud-native colocation for crypto trading

AWS Clean Rooms ML helps customers and partners apply ML models without sharing raw data (preview)

Today, we’re introducing AWS Clean Rooms ML (preview), a new capability of AWS Clean Rooms that helps you and your partners apply machine learning (ML) models on your collective data without copying or sharing raw data with each other. With this new Continue reading AWS Clean Rooms ML helps customers and partners apply ML models without sharing raw data (preview)

Fidelity International improves customer experience using Amazon SageMaker

Many companies want to actively use advance analytics to bring operational efficiencies and improve the customer experience. Automating and migrating to the cloud machine learning operations (MLOps) techniques can provide streamlined machine learning (ML), improved data processing, and enhance operational Continue reading Fidelity International improves customer experience using Amazon SageMaker

AWS Clean Rooms: Privacy-enhanced collaboration use cases

Companies across industries are increasingly seeking ways to complement their first-party data to build a holistic view of their customers or business. This often means developing a view across channels and engagements, as well as complementing their first-party data with Continue reading AWS Clean Rooms: Privacy-enhanced collaboration use cases

How payment companies are building SoftPOS solutions on AWS

The needs for dedicated card machines (or readers) tied to point-of-sale (POS) systems have historically restricted certain micro-merchants from adoption of electronic payments. New advancements in payments technology and standards have led to the development of software point-of-sale (SoftPOS). SoftPOS Continue reading How payment companies are building SoftPOS solutions on AWS

Recommended Patterns for onboarding SaaS applications – Part 1

Connecting all the right software as a service (SaaS) providers using well-established private, secure and resilient integration patterns can seem overwhelming. The SaaS model of deployment can help organizations reduce undifferentiated heavy lifting to manage the vendor’s application, software tools Continue reading Recommended Patterns for onboarding SaaS applications – Part 1

Low latency cloud-native exchanges

Large capital market infrastructure providers (specifically exchanges) around the world use the cloud to accelerate their innovation and modernization journey. Trading workloads present unique challenges, including low latency responses, low jitter network performance, and ensuring fairness. With different services and Continue reading Low latency cloud-native exchanges

Aeron performance enables capital markets to move to the cloud on AWS

With recent performance and operational improvements in the cloud, capital markets venues are now actively engaged in the race to the cloud. In many cases, this requires capital markets infrastructure to be re-engineered for resilience, performance and consistency. Aeron’s high Continue reading Aeron performance enables capital markets to move to the cloud on AWS

Banking Fraud Detection with Machine Learning and Real-time Analytics on AWS

The banking industry faces a constant battle against financial fraud. With the rise of online transactions, mobile banking, and digital payment methods, the risk of fraudulent activities has grown exponentially. To combat this ever-evolving threat, banks are turning to modern Continue reading Banking Fraud Detection with Machine Learning and Real-time Analytics on AWS

Ecosystems can help generate new revenue streams for banks

The COVID pandemic accelerated the customer demand seeking hyper-connected digital experiences, which could cut even across other industries. We highlighted this trend in our “Banking on the Cloud” ebook. Banks are accelerating the development of their strategies and solutions to Continue reading Ecosystems can help generate new revenue streams for banks

AWS for Financial Services: Make the most of re:Invent 2023

Amazon Web Services (AWS) re:Invent 2023 is gearing up to deliver a week of inspiring keynotes, educational workshops and bootcamps, and plenty of peer-to-peer networking opportunities. This year’s conference will convene in Las Vegas, Nevada, from November 27th-December 1st. We Continue reading AWS for Financial Services: Make the most of re:Invent 2023

AWS responds to Financial Stability Board (FSB) consultation on delivering global interoperability in third-party risk management regimes for financial services

In June, the Financial Stability Board (FSB) published a consultation, Enhancing Third-Party Risk Management and Oversight: A toolkit for financial institutions and financial authorities, that aims to reduce fragmentation of regulatory and supervisory approaches to financial institutions’ (FIs) third-party risk Continue reading AWS responds to Financial Stability Board (FSB) consultation on delivering global interoperability in third-party risk management regimes for financial services

How does Cloud enable the transformation of Bank finance functions?

Bank CFOs are transforming their finance functions from both an operations and technology perspective, innovating to simplify their organisational model, increase efficiency and deepen the insight they provide to stakeholders. Cloud technology is enabling these changes by providing a new Continue reading How does Cloud enable the transformation of Bank finance functions?