Posted On: May 3, 2021
Amazon FinSpace is a new fully managed data management and analytics service that makes it easy to store, catalog, and prepare financial industry data at scale, reducing the time it takes for financial services industry (FSI) customers to find and access all types of financial data for analysis from months to minutes.
Financial services organizations analyze data from internal data stores like portfolio, actuarial, and risk management systems as well as petabytes of data from third-parties, such as historical securities prices from stock exchanges. It can take months to find the right data, get permissions to access the data in a compliant way, and prepare it for analysis.
FinSpace removes the heavy lifting of building and maintaining a data management system for financial analytics. With FinSpace, you can collect data in a secure data management application and catalog it by relevant business concepts such as asset class, risk classification, or geographic region, which makes it easy to discover and share across your organization. FinSpace includes a library of 100+ functions, like time bars and Bollinger bands, to prepare data for analysis. You can also integrate functions from your own libraries and notebooks for your own analysis. FinSpace supports your organization’s compliance requirements by enforcing data access controls and keeping audit logs.
Amazon FinSpace is available in the US East (Northern Virginia), US East (Ohio), US West (Oregon), EU (Ireland), and Canada (Central) AWS regions. To see all the regions Amazon FinSpace is available in, visit the AWS Region page.