AWS Database Blog
Category: Financial Services
Ola Money achieved operational excellence, disaster recovery site in Asia Pacific (Hyderabad) Region, and up to 60% cost savings using Amazon Aurora
Ola Money is a financial service provided by Ola Financial Services (OFS), which is part of the Ola group of companies. In this post, we share the modernization journey of Ola Money’s MySQL workloads using Amazon Aurora, a relational database management system built for the cloud with MySQL and PostgreSQL compatibility that gives the performance and availability of commercial-grade databases at one-tenth the cost.
Common financial services use cases for Amazon DynamoDB
Financial services customers choose DynamoDB for security, resilience, performance, and scale. In this post, we discuss how Amazon DynamoDB helps financial services customers overcome these challenges for common industry use cases. We also share customer examples, such as Fidelity Investments, Experian, Moody’s, and other financial services applications that are built with DynamoDB.
How Amazon Finance Technologies built an event-driven and scalable remittance service using Amazon DynamoDB
The Amazon Finance Technologies (FinTech) payment transmission team manages products for the Accounts Payable (AP) team, from invoices to the pay process. Their suite of services handles the disbursement process, from invoice generation to payment creation, to make sure that payment beneficiaries receive their payments. Amazon Business makes payments to a very diverse range of […]
Build a digital asset tokenization framework for financial services use cases using Amazon Managed Blockchain – Part 1
This is the first post in a series of posts covering digital asset tokenization in financial services, a topic which is seeing tremendous interest in the sector. The series aims to be a guide for financial services customers looking to learn more about the topic, and who may be considering building a digital asset capability for their […]
How Amazon Finance Technologies simplified global payments by creating a payments repository using Amazon DocumentDB
Amazon Finance Technologies (FinTech) Payments systems disburse Accounts Payable (AP) payments to Amazon’s suppliers and service providers. In 2021, FinTech AP systems disbursed millions of payments in over 150 countries and in more than 50 currencies through various payment options. In this post, we show you how we built an extensible payments metadata repository solution […]