AWS Architecture Center
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Finance Capabilities

AWS provides financial services institutions across banking, payments, capital markets, and insurance the secure, resilient global cloud infrastructure and services they need to differentiate themselves today and adapt to the needs of tomorrow. The capabilities within this area enable you to establish and enhance your existing finance processes to be cloud ready in order to establish and operate with cost transparency, control, planning, and optimization. They also help you manage your records and resource inventory while meeting compliance and regulatory needs.

  • Cloud Financial Management provides the ability to manage and optimize your expenses for cloud services. This capability includes near real-time visibility as well as cost and usage analysis to support decision making (such as, spend dashboards, optimization, spend limits, chargeback, anomaly detection, and response). This capability also includes budget and forecasting to enable you to have a defined cost optimized architecture for your workloads, to select right pricing model, attributing cost of resources to the relevant teams. Doing so enables you to track, notify, and apply cost optimization techniques across your environment and resources. Your organization expense information is centrally managed and consumed, and access to critical stakeholders can be provided for targeted visibility and decision making.

    Scenarios

    • CF16 - S1: Allocate cost for your cloud environment
    • CF16 - S2: Plan and forecast your spend across your environment
    • CF16 - S3: Monitor cost and usage in your environment
    • CF16 - S4: Measure efficiency and optimize cost
    • CF16 - S5: Establish your cloud financial operations function
    Read the whitepaper

  • Records Management enables you to set retention of data according to your internal policies and regulatory requirements, including how to transition data to archive before it is deleted. This data can include financial records, transactional data, audit logs, business records, personally identifiable information (PII), or other data subject to retention policies.

    Read the whitepaper

  • Resource Inventory Management enables visibility and configuration of cloud-based resources that make up an IT-level service or workload. Resources are tracked in the environment along with associated configurations via a system of record (such as CMDB for ITSM-managed environments) to enable a larger IT-level system of record for visibility and configuration management of all software, hardware, and firmware resources in the cloud environment.

    Scenarios

    • CF29 - S1: Collect asset inventory information
    • CF29 - S2: Store asset configuration information
    • CF29 - S3: Query resource inventory data
    • CF29 - S4: Dashboard resource inventory
    • CF29 - S5: Monitor against disallowed resource configurations
    • CF29 - S6: Enable service mapping to provide a graphical illustration of resource relationships and dependencies
    • CF29 - S7: Identify unused resources
    • CF29 - S8: Integrate resource inventory collection with existing CMDB tooling
    Read the whitepaper