Tag: Financial Services

A McKinsey study found that Fortune 500 financial institutions could generate as much as $60 billion to $80 billion in run-rate EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) in 2030 by making the most of the cost-optimization levers and business use cases unlocked by the cloud. Given the numbers at stake, financial institutions are […]

The Financial Services Industry (FSI) is in the midst of a significant transformation and given the key role digitization plays, electronic payments are at the epicenter of this transformation. Payments are becoming increasingly cashless, and the industry’s role in fostering inclusion has become a significant priority. Innovation and development of digital economies are supported by […]

Today, AWS is announcing Amazon FinSpace with Managed kdb Insights, a new capability that makes it simple to configure, run, and manage kdb Insights on AWS. KX Systems’ kdb Insights, a high-performance analytics engine, is optimized for analyzing real-time and multi-petabyte historical time series data. Kdb Insights is widely used in capital markets to power […]

Financial Services Institutions (FSIs) are looking for opportunities to exploit interoperability across a collaborative ecosystem to boost transactions through their channels, partners’ channels, and payment methods. From this post: “Forrester asserts that aggregators and intermediaries that create value across industries will become important agents in a diverse collaborative ecosystem. However, not all organizations have the […]

AWS developed the Experience-Based Acceleration (EBA) to help customers accelerate their journey to AWS. This transformation methodology uses hands-on, agile, and immersive interactions to build cloud capabilities. Through EBA, customers accelerate business value by removing friction points, building cross-functional teams, and enabling two-way door decisions. Regulatory demands often define financial services’ organizational structure in a […]

The cloud presents massive opportunities to improve efficiency, reduce complexity, and accelerate innovation. For Capital One, however, digital transformation is a complex task due to the financial services industry’s strict security and compliance requirements. Financial institutions often seek effective strategies to adopt cloud technologies while remaining secure and compliant. Capital One’s solution In 2020, Capital […]

Welcome back to the Financial Services Industry (FSI) Service Spotlight monthly blog series. Each month we look at five key considerations that FSI customers should focus on to help streamline cloud service approval for one particular service. Each of the five key considerations includes specific guidance, suggested reference architectures, and technical code that can be […]

In this edition of the Financial Services Industry (FSI) Services Spotlight monthly blog series, we highlight five key considerations for customers running workloads on Amazon RDS: achieving compliance, data protection, isolation of compute environments, audits with APIs, and access control/security. Across each area, we will examine specific guidance, suggested reference architectures, and technical code to help streamline service […]

In this edition of the Financial Services Industry (FSI) Services Spotlight monthly blog series, we highlight five key considerations of Amazon OpenSearch: achieving compliance, data protection, isolation of compute environments, automating audits with APIs, and operational access and security respectively. Each of the five areas will include specific guidance, suggested reference architectures that can help […]

Large financial services companies like Goldman Sachs need to optimize for time and speed to remain competitive. At the same time, these institutions seek to harness insights from their enterprise data to serve consumers, merchants, and partners better. However, the highly regulated financial services industry values strong data protection and must follow strict regulations when […]