Category: Financial Services

Payment data security architecture is undergoing a tremendous evolution. Increasing volumes of payments are moving to mobile devices, FinTechs and neobanks are growing in prominence, and many FSIs are taking a cloud-first approach to serving their customers. This post details how AWS and Futurex have worked together to offer a streamlined method for organizations to […]

Over the past year the industry has accelerated in an ecosystem approach to banking, and more broadly with financial services. Accenture estimates $416b in banking revenues is at stake as we shift to an open data economy. Although banks embarked on this journey with Open Banking as a catalyst, many have embraced the augmentation of […]

Robert Butcher, Solution Architect, Global Financial Services, AWS Front Office risk data is the lifeblood of Investment Banks. It informs every trading decision that they take, both commercial and prudential, and it’s critical for planning and regulatory reporting purposes. In this post, we present a reference architecture for a Front Office Risk Store (risk store) […]

Intro to service Over the last 20 years, the users for data analytics have grown as a result of a surge in the variety and volume of data that companies can collect. To prepare data for analytics or machine learning projects, data scientists and analysts have to either use spreadsheets to explore and experiment with […]

Customer habits have been changing over the last decade, with customers expecting frictionless and instant access to their banking needs. Banking customers have prioritized digital self-service via mobile and web over branch or phone banking, with the COVID-19 pandemic only accelerating this trend. Although digital channels are rising in importance, the ability to converge channels […]

Global financial services markets are preparing to kick off the transformational migration to the new messaging standard, ISO20022. The coexistence period defined by SWIFT starts in November 2022. Since the publication of AWS’s guidance for migrating the SWIFT client connectivity stack to cloud, we have seen all sizes of financial services institutions and corporate treasuries […]

Introduction Magma is an open-source, flexible, and extendable mobile core network solution. It is designed to be 3GPP generation and access network agnostic. Magma supports many radio technologies, such as LTE, 5G, and WiFi, and it enables use cases like mobile private networks, fixed wireless access, or mobile edge computing. It is governed by the […]

Welcome back to the Financial Services Industry (FSI) Service Spotlight monthly blog series. Each month we look at five key considerations that FSI customers should focus on to help streamline cloud service approval for one particular service. Each of the five key considerations includes specific guidance, suggested reference architectures, and technical code that can be […]

This edition of the Financial Services Industry (FSI) Services Spotlight monthly blog series highlights five key considerations for customers running workloads on Amazon Connect: achieving compliance, data protection, compute environment isolation, audits with APIs, and access control/security. Across each area, we will examine specific guidance, suggested reference architectures, and technical code to help streamline Amazon Connect service approval. […]

AWS financial services industry (FSI) customers often seek guidance on how to set up their AWS environment and accounts for best results. AWS has created a unified set of recommendations, called the multi-account strategy, to help customers like you make the best use of your AWS resources. In this blog, we provide a representative organization […]