Category: Financial Services

Moving from on-premises data centers to the cloud provides a long list of benefits, including greater speed, increased innovation, and lower costs. And it can also help bring more sustainability to your IT operations. In fact, according to a 451 Research report, the AWS infrastructure is 3.6 times more energy efficient than the median of […]

Financial institutions such as FINRA, Nasdaq, and National Australia Bank have built data lakes on AWS to collect, store, and analyze increasing amounts of data at speed and scale. A data lake allows organizations to break down data silos and store all of their data – structured, semi-structured, and unstructured – in a centralized repository […]

The number of software companies building applications for the financial services industry (FSI) continues to grow. These fintech companies face challenges such as ensuring that their applications stay compliant with banking regulations while rapidly delivering new features for their clients. FSI software vendors have therefore been moving to the cloud to meet their agility, security, […]

The insurance industry is under pressure—rapid advances in technology, demographic and economic shifts, disruptive business models from nimble new competitive entrants, increased customer expectations for frictionless engagement—just to name some of the issues insurers face in today’s environment. A company-wide digital transformation to address and harness these forces has been a top priority of many […]

Editor’s note: This is the third in a monthly series for Financial Services Industry Service Spotlight. Read Part 1 discussing Amazon SageMaker Notebook Instances. Read Part 2 discussing Amazon Comprehend (excluding Comprehend Medical). — Welcome to the Service Spotlight blog series. In this series, we plan to highlight five key considerations of a particular service […]

Financial services institutions (FSIs) have increasingly defined and differentiated themselves not just by the products and services they provide to customers, but by the technology that underpins their establishments. The unexpected shift in global market conditions resulting from the COVID-19 pandemic has accelerated the need for successful digital transformation initiatives that deliver concrete positive business […]

Editor’s note: This is the second in a monthly series for Financial Services Industry Service Spotlight. Read Part 1 discussing Amazon SageMaker Notebook Instances. — In this edition of Financial Services Industry (FSI) Service Spotlight monthly blog series, we highlight five key considerations of a particular service that FSI customers should focus on to help […]

It is well known that the majority of stock transactions are automated (as described here and here), for example using applications or “robots” implementing a trading strategy. More recently, an emerging trend in the financial services industry is the movement of trading solutions, such as algorithmic trading solutions, to the cloud (as described here and […]

Financial services organizations are facing challenges around loyalty, persistent churn, fragmented attention, and driving organic growth. There are external factors contributing to these challenges, such as the widespread adoption of mobile services, new digital native market entrants, adapting to generational shifts, and critical industry requirements around compliance and regulations that makes cumbersome to provide innovation […]

The following article originally appeared on Morningstar. First corporate AWS DeepRacer competition fuels hands-on learning in machine learning and artificial intelligence across more than 445 employees worldwide CHICAGO, May 30, 2019 /PRNewswire/ — Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, kicked off the first companywide internal Amazon Web Services (AWS) DeepRacer competition this week. More […]