Posted On: Nov 18, 2022
Amazon FinSpace’s new ability to connect to a customer VPC enables customers to access data on their network. Amazon FinSpace is an analytic data hub for capital markets customers that enables analysts and data engineers to access data from multiple sources and transform it using Amazon FinSpace’s managed Apache Spark Engine with Capital Markets Time Series Analytics Library. Often, to perform a particular analysis, customers need to access resources that reside on their network, such as databases, API endpoints, and code and artifact repositories. These resources are hosted either in a customer’s VPC or in an on-premise data center.
With Amazon FinSpace’s new VPC connection support, customers can now connect their Amazon FinSpace environment to their network so these resources can be accessed without the traffic going over the Internet. Customers can enable access between Amazon FinSpace and a customer-managed AWS Transit Gateway (TGW), from which customers can then route traffic to other parts of their network. They can also enable access to resources on their on-premise networks through an AWS Direct Connect connection attached to their TGW. As an example, once a connection is established, trade transaction data served from a REST API hosted on a customer’s Order Management System (OMS) running in an on-premise data center could be combined with pricing and reference data sourced from a market data provider and stored in FinSpace to perform transaction cost analysis.
If they choose, customers can route traffic from FinSpace to the Internet, by enabling a path to a customer-managed egress point such as a AWS NAT Gateway or firewall. This gives customers full control of what resources their Apache Spark Engine with Capital Markets Time Series Analytics Library clusters can access on the Internet.