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Bank of Montreal (BMO), a 200-year-old financial institution and eighth-largest bank in the Americas, selected AWS PartnerFICO and Amazon Web Services (AWS) to modernize its credit decision. Facing challenges with legacy, on-premises infrastructure, BMO transitioned to cloud services through FICO’s Platform on AWS. This move has provided a secure, scalable environment and eliminated issues with updates, offering seamless, version-free upgrades. The partnership has enabled faster, lower-cost changes, reduced data processing times, and allowed for enhanced data integration—all driving better, quicker service for BMO’s 12 million customers.
This partnership with AWS allows us to have a real secure environment that, together with the FICO Platform functionalities, is a win-win."
Daniel Melo Sr. Partner for Partner Solutions, FICO
About Customer BMO
BMO is headquartered in Chicago, IL and is the 8th largest bank in North America by assets, we provide personal and commercial banking, global markets and investment banking services to 13 million customers. We’re proud to be fueling progress for individuals, families and businesses across North America.
About AWS Partner FICO
FICO is a leading analytics software company, helping businesses in 90+ countries make better decisions that drive higher levels of growth, profitability and customer satisfaction.
De Volksbank is the parent company and platform provider for four bank brands that deliver personalized banking to over 3 million customers in the Netherlands. De Volksbank’s mission is to build close relationships with its customers, employees, and shareholders and to make the biggest positive impact on Dutch society. To improve its customer-facing services, de Volksbank wanted to combine data from various sources to create data-driven business insights that help it adhere to compliance, accelerate application development, and drive adoption of cloud-native technologies. The company selected AWS Partner Schuberg Philis to build a resilient and scalable near real-time data platform on Amazon Web Services (AWS).
AXA Konzern AG (AXA Germany) is a large primary insurance provider in Germany, and part of the AXA Group. It has over 8,000 employees, 7.4 million customers, and generates annual revenues of around €12 billion. AXA Germany had been running its life insurance platform and back-office systems from an on-premises data center and, since 2015, was using msg.Life Factory, an industry-recognized policy administration system for life insurance. The solution was provided by msg insur:it, a subsidiary of AWS Partner msg, a Germany-based organization that specializes in developing IT solutions for different industries.
VHV Group, a large German insurance provider with international operations, moved several dozen on-premises SAP systems to SAP on AWS with the help of AWS Partner Netlution, gaining increased agility and performance, and overcoming concerns about hardware shortages. The speedy migration also enabled VHV Group to upgrade to S/4HANA while making sure that it complied with strict German financial regulations. Developers can now spin up test environments in minutes or hours rather than the weeks it previously took to procure and deploy new hardware.
As a leading digital payments provider in Latin America, Kushki is responsible for ensuring safe and successful electronic transactions for more than 200 customers across the region. The Ecuador-based company is 100% serverless using AWS Lambda and Amazon DynamoDB, as well as AWS Route53 for API user requests, AWS X-Ray for tracing, and Amazon CloudWatch for log files. To bring together all of those signals, Kushki used AW Partner Grafana Cloud to centralize visibility of their infrastructure.
Organizations of all sizes across all industries are transforming their businesses and delivering on their missions every day using AWS. Contact our experts and start your own AWS journey today.
