Category: Financial Services

The Basel Regulatory Framework strives for a strict boundary between financial institutions’ trading books and banking books to prevent regulatory arbitrage. The Trade Book element of these regulations (the Fundamental Review of the Trading Book or FRTB) seeks, in exchange for more rigorous risk modeling, to strengthen trade risk management allowing institutions to optimize the […]

Brazilian financial institutions such as banks, investment brokers, and insurance companies are authorized to use cloud services, as long as they comply with applicable legal and regulatory requirements. AWS has a Compliance Center that offers financial institutions a central location to research cloud-related regulatory requirements and how they impact your industry. For example, the Resolution 4658 provides for the cyber […]

We often hear the term “undifferentiated heavy lifting.” This refers to resource-intensive work that needs to be done, but doesn’t differentiate you from your competitors. Building servers and applying security patches to your OS are examples. Such tasks take away time, talent, and capital from higher-value initiatives that set your products and services apart. At […]

Facial recognition is an important tool for identifying a person. Facial recognition systems are already popular worldwide and are used to prevent fraud, particularly in financial institutions such as banks and insurance companies. Although facial recognition systems are relatively new, counterfeiters have already developed ways to bypass them including impersonation, or with the use of […]

The Fundamental Review of the Trading Book (FRTB) is a set of proposals by the Basel Committee on Banking Supervision for market risk capital calculation for banks. This new set of rules (often referred to as “Basel IV”) is intended to create a more resilient market and capture risk adequately for stressed market conditions. It […]

In his post titled “Dealing with disruption: How financial institutions are using cloud technology to respond to COVID-19 and reshape the industry,” Scott Mullins, Head of Worldwide Financial Services Business & Market Development for AWS, discussed how COVID-19 has impacted the normal course of business in the Financial Services industry. For Capital Markets firms, scaling […]

COVID-19 has upended the way consumers interact with their financial institutions on an unprecedented scale and speed as detailed in the blog post authored by Scott Mullins, Managing Director of Worldwide Financial Services Business & Market Development for AWS, and the payments industry is no exception. The global pandemic has accelerated the growth of digital […]

“Disruption.” It’s a word that we hear often in the Financial Services industry, typically when we describe innovations that create new markets or value networks that could potentially displace established norms, market leaders, or products. The unprecedented health challenge that the world is confronting today has brought a different type of disruption to the global […]

Mainframes are still used by numerous organizations in sectors such as financial services or manufacturing. To thrive in today’s fast-moving economy, customers tell us they must accelerate the software development lifecycle (SDLC) for applications hosted on their mainframes. Micro Focus development and test solutions combined with AWS DevOps services provide the speed, the elasticity, and […]

AS/400 systems are still used by numerous organizations in sectors such as financial services or manufacturing. They typically host core-business workloads such as accounting or supply chain software. For customers with AS/400 (and the successor iSeries, System i, and IBM i systems), the Infinite software solution, available in AWS Marketplace, helps migrate AS/400 workloads to […]