Amazon Web Services
In this AWS re:Invent 2023 session, JPMorgan Chase presents their journey of building a unified data platform for reporting, analytics, and machine learning in Asset Management. Lana Kapulovskaya and Ravi Ruddarraju share how they leveraged AWS services like Amazon EMR, Redshift, and Lambda to create a scalable, cost-effective solution that processes billions of records daily. They discuss the architecture, challenges faced, and lessons learned in migrating to the cloud. The platform, called AM IQ, has enabled faster data onboarding, improved business intelligence, and innovative products like a data-driven recommendation engine for sales teams. The speakers highlight how this cloud-native approach has led to significant cost savings, increased efficiency, and new revenue opportunities for JPMorgan Asset Management.