Tag: Financial Services

Most financial institutions are at different stages of their cloud journey. Many are challenged with delivering new and enhanced services, providing services faster, and driving operational efficiencies while facing increasingly competitive markets. Learn how Avaloq has laid a good foundation to help businesses ease the journey of testing and integrating new solutions by managing the complexities across various phases utilizing Avaloq’s sandbox solution powered by AWS.

Open Finance initiatives have been gaining momentum across the world. These initiatives require that banks provide access to customer data through a common, open API for third-party applications, which are referred to as fintech apps. Learn how to build and deploy a basic fintech app on AWS in under an hour by using the Plaid Link API. This app allows users to sign up, log in, select their bank from a list, connect to that bank, and display the latest transactions.

When implemented in legacy on-premises systems, business rules tend to be rigid in nature and impact business agility. By using a combination of AWS managed services, Capgemini can build a cloud-based rules engine that can be scaled to increasing data volume, easily configured, and quickly accessed. This enables organizations to be completely agile in developing new business rules, or updating/retiring business rules, without relying on IT.

Group insurance companies need to provide higher service levels to their stakeholders—employers, employees, brokers, other ecosystem partners, and their own insurance personnel—to remain competitive. Using Vitech’s V3locity Application Service allows group insurance companies to exceed the necessary service levels (short-term and long-term) while offloading the management of the associated application and infrastructure services to Vitech, through its collaboration with AWS.

We are excited to highlight 125 AWS Partners that received new designations in November for our global AWS Competency, AWS Managed Service Provider (MSP), AWS Service Delivery, and AWS Service Ready programs. These designations span workload, solution, and industry, and help AWS customers identify top AWS Partners that can deliver on core business objectives. AWS Partners are focused on your success, helping customers take full advantage of the business benefits AWS has to offer.

Financial services customers face new industry regulations that require additional compute capacity up to 10 times to meet their regulatory demands. Learn about new service integrations and functionality that make TIBCO DataSynapse GridServer on AWS a great match to run grid computing workloads. These integrations help customers scale their grid workloads to take advantage of the compute elasticity and flexibility of AWS and GridServer without up-front capital expenditure.

Verisk provides data analytic insights to customers in insurance, energy and specialized markets, and financial services. Learn how a joint team from AWS and Verisk Argus migrated petabytes of SQL Server data from on-premises to Amazon S3 and Amazon S3 Glacier using AWS Snowball Edge and the Amazon EMR custom Spark ingestion framework. Through this migration framework, Verisk Argus is positioned to save millions of dollars by moving to AWS from their data center.

Customer onboarding remains a challenging and time-consuming process for most banks. Both digital and traditional processes are often overly complex, resulting in lower conversion rates and higher cost of acquisition. To overcome these challenges, numerous financial institutions have started customer onboarding online. In this post, walk through the use case of one of the largest financial institutes of Europe for whom Infostretch provided a substantial breakthrough to onboard the customers digitally.

Montoux’s next-generation decision science platform for insurers uniquely combines actuarial and data science in its software, providing a modern, flexible, and sophisticated alternative to legacy actuarial software. Learn how the AI-driven model replication module is specifically developed to support an insurer’s transition to cloud and reduces the time, cost, and effort required to migrate to a new platform.

We are excited to highlight 88 AWS Partners that received new designations in October for our global AWS Competency, AWS Managed Service Provider (MSP), AWS Service Delivery, and AWS Service Ready programs. These designations span workload, solution, and industry, and help AWS customers identify top AWS Partners that can deliver on core business objectives. AWS Partners are focused on your success, helping customers take full advantage of the business benefits AWS has to offer.