Category: Financial Services

Open Finance from AWS ISV Partner FinConecta is a full-fledged API management platform that allows financial institutions to quickly expand their product offerings by enabling secure, reliable, and faster integration of third-party digital solutions. By implementing Open Finance, institutions will have quick access to valuable digital services, developed by third parties, without requiring the execution of traditional software development and implementation projects, in a secure and controlled manner.

Digital continues to redefine the customer journey for banks, and the usage of digital channels is driving the next generation of customer experience. Learn how HCLTech’s Ziva, FluidCCI, and APIHub solutions are fully built on AWS and form an end-to-end Bank 4.0 offering for traditional and digital banks looking to transform their agent, business, and customer experiences for digital differentiation and/or cost reduction initiatives.

Learn how Q2, a financial experience company that provides digital banking and lending solutions, worked with AWS ISV Partner ALTR, a provider of data security as a service that runs exclusively on AWS, to launch a PCI DSS-compliant application in a fraction of the time it normally takes to achieve certification. Q2’s Biller Direct application provides a centralized payment environment where users can enroll, manage their bills, and view projected spend.

Insurity Analytics provides continuous access to insights on the health of an insurer’s portfolio through data visualization tools and a streamlined, adaptive user experience. It enables insurers to identify trends and patterns, such as high- and low-performing policies, and deliver insights into predicted pricing benefits. Learn how Insurity Analytics prioritizes security, redundancy, and resiliency of its end users.

In the financial services domain, it’s a common architecture pattern to find shared services file servers that act as SFTP file server or FTP server. Because these financial applications are not always API driven, data exchange using flat files remains the standard way to share information between applications, even when some of them have been migrated to AWS. Learn how DXC Technology addressed migrating this type of server using AWS Transfer Family, Amazon S3, and Amazon EFS.

Environmental, social, and governance (ESG) factors are increasingly important for financial institutions as they look to assess portfolio risk, meet investment mandates, align with customer values, and report on the sustainability of their portfolios. Working closely with CSRHub, a data provider on AWS Data Exchange, learn how AWS has produced a demonstration to illustrate how customers can analyze company-level ESG scoring data with Amazon QuickSight.

The AWS SaaS Factory team had the chance to work with Ridgeline, a privately funded fintech startup determined to modernize investment management software, and help build their purpose-built enterprise platform on AWS. We speak with Chris Petrunik, Director of Engineering at Ridgeline, to learn how their platform works and what advice they have for other businesses building SaaS solutions on AWS.

Fujitsu offers a commercial and technical solution for mainframe modernization on AWS that makes application modernization possible and sensible.. Fujitsu’s end-to-end approach helps financial services address their challenges in a cost-effective manner. This helps organizations realize the required future-proof scalability, agility, and extensibility of their core legacy systems. Fujitsu is an AWS Advanced Consulting Partner with the AWS Migration Competency.

BriteCore was originally designed as an on-premises data center-based monolith; a state-of-the-art core insurance solution. However, the business agility, cost savings, and increased security of the cloud made it clear the insurance industry had to migrate. Learn how BriteCore used AWS Landing Zone to deliver a modern administrative system for Property & Casualty insurance that could be more agile, scale better, and be more secure than on-premises infrastructure.

Cost conscious credit unions looking to provide digital banking services need logical isolation from other tenants. Larger credit unions, on the other hand, require physical as well as logical isolation from other tenants. Persistent Systems Digital Credit Union Solution helps a credit union go live in a short time frame with digital banking offerings such as digital loans or digital deposits. The solution uses fine-grained microservices, deployed on Amazon EKS and provided as secure API’s using Amazon API Gateway.