AWS Big Data Blog

Category: Financial Services

How AWS Data Lab helped BMW Financial Services design and build a multi-account modern data architecture

This post is co-written by Martin Zoellner, Thomas Ehrlich and Veronika Bogusch from BMW Group. BMW Group and AWS announced a comprehensive strategic collaboration in 2020. The goal of the collaboration is to further accelerate BMW Group’s pace of innovation by placing data and analytics at the center of its decision-making. A key element of […]

Enable self-service visual data integration and analysis for fund performance using AWS Glue Studio and Amazon QuickSight

IMM (Institutional Money Market) is a mutual fund that invests in highly liquid instruments, cash, and cash equivalents. IMM funds are large financial intermediaries that are crucial to financial stability in the US. Due to its criticality, IMM funds are highly regulated under the security laws, notably Rule 2a-7, Which states that during market stress, […]

How Epos Now modernized their data platform by building an end-to-end data lake with the AWS Data Lab

Epos Now provides point of sale and payment solutions to over 40,000 hospitality and retailers across 71 countries. Their mission is to help businesses of all sizes reach their full potential through the power of cloud technology, with solutions that are affordable, efficient, and accessible. Their solutions allow businesses to leverage actionable insights, manage their […]

Featured Stateful Architecture

Doing more with less: Moving from transactional to stateful batch processing

Amazon processes hundreds of millions of financial transactions each day, including accounts receivable, accounts payable, royalties, amortizations, and remittances, from over a hundred different business entities. All of this data is sent to the eCommerce Financial Integration (eCFI) systems, where they are recorded in the subledger. Ensuring complete financial reconciliation at this scale is critical […]

Analyze daily trading activity using transaction data from Amazon Redshift in Amazon FinSpace

Financial services organizations use data from various sources to discover new insights and improve trading decisions. Finding the right dataset and getting access to the data can frequently be a time-consuming process. For example, to analyze daily trading activity, analysts need to find a list of available databases and tables, identify its owner’s contact information, […]

How Goldman Sachs migrated from their on-premises Apache Kafka cluster to Amazon MSK

This is a guest post by Zachary Whitford, Associate, Richa Prajapati, Vice President and Aldo Piddiu, Vice President in the Global Investment Research engineering team at Goldman Sachs. The Global Investment Research (GIR) division at Goldman Sachs delivers client-focused research in the equity, fixed income, currency, and commodities markets. GIR analysts help the firm’s investor […]

How Goldman Sachs builds cross-account connectivity to their Amazon MSK clusters with AWS PrivateLink

This guest post presents patterns for accessing an Amazon Managed Streaming for Apache Kafka cluster across your AWS account or Amazon Virtual Private Cloud (Amazon VPC) boundaries using AWS PrivateLink. In addition, the post discusses the pattern that the Transaction Banking team at Goldman Sachs (TxB) chose for their cross-account access, the reasons behind their […]