AWS News Blog
Category: Financial Services
AWS Clean Rooms ML helps customers and partners apply ML models without sharing raw data (preview)
Today, we’re introducing AWS Clean Rooms ML (preview), a new capability of AWS Clean Rooms that helps you and your partners apply machine learning (ML) models on your collective data without copying or sharing raw data with each other. With this new capability, you can generate predictive insights using ML models while continuing to protect your sensitive […]
New – Move Payment Processing to the Cloud with AWS Payment Cryptography
Cryptography is everywhere in our daily lives. If you’re reading this blog, you’re using HTTPS, an extension of HTTP that uses encryption to secure communications. On AWS, multiple services and capabilities help you manage keys and encryption, such as: AWS Key Management Service (AWS KMS), which you can use to create and protect keys to […]
New Amazon FinSpace Simplifies Data Management and Analytics for Financial Services
Managing data is the core of the Financial Services Industry (FSI). I worked for private banking and fund management companies and helped analysts to collect, aggregate, and analyze hundreds of petabytes of data from internal data sources, such as portfolio management, order management, and accounting systems, but also from external data sources, such as real-time […]
Cloud-Powered, Next-Generation Banking
Traditional banks make extensive use of labor-intensive, human-centric control structures such as Production Support groups, Security Response teams, and Contingency Planning organizations. These control structures were deemed necessary in order to segment responsibilities and to maintain a security posture that is risk averse. Unfortunately, this traditional model tends to keep the subject matter experts in […]