AWS for Industries

Category: Financial Services

Building an AI Stack for Banking on AWS

Building an AI Stack for Banking on AWS

The banks who are delivering value from generative AI (gen AI) and machine learning (ML) investments are building AI stacks that are scalable and well governed. These stacks accelerate proofs-of-concept/proofs-of-value into production reliably so that business needs are met. Introduction There is a lot going on in banks related to both gen AI and more […]

Modernizing trading workloads with next-generation AWS Outposts racks

Introduction In today’s fast-paced world of financial technology, sub-milliseconds can make the difference between success and failure in financial transactions. The demands of high-frequency trading, real-time market data processing, and complex financial transactions require an infrastructure that will deliver unparalleled performance, reliability, and fairness. AWS is addressing these needs through a new category of Amazon […]

Aligning Amazon Bedrock with NAIC AI Principles and Model Bulletin

Aligning Amazon Bedrock with NAIC AI Principles and Model Bulletin

The rapid advancement of generative AI promises new strategies for innovation in the insurance industry, and insurance carriers should implement it in compliance with regulatory requirements. The National Association of Insurance Commissioners (NAIC) has adopted Principles on Artificial Intelligence and released a Model Bulletin on the use of artificial intelligence systems by insurers to provide […]

Near Real-time News Clustering and Summarization for FSI

Near Real-time News Clustering and Summarization for FSI

Introduction In today’s fast-paced financial markets, the sheer volume and velocity of news pose significant challenges for investors, traders, and financial institutions. The ability to quickly process, analyze, and act on relevant information can mean the difference between seizing opportunities and falling behind. This blog post introduces an innovative solution that leverages Amazon Bedrock to […]

Accelerating Fraud Detection in Financial Services with NVIDIA RAPIDS™ Accelerator for Apache Spark on AWS

Transaction fraud poses a growing challenge that financial institutions struggle to combat effectively. Recent estimates forecast that payment fraud will exceed $326 billion for the period between 2023 and 2028, with remote purchases of physical goods accounting for over 47 percent of fraud losses¹. Legacy CPU-based systems rely on sequential processing, leading to increased operational […]

DORA scenario testing with AWS Fault Injection Service

DORA scenario testing with AWS Fault Injection Service

The Digital Operational Resilience Act (DORA) is a pan-European legislative framework on operational resilience and cyber resilience in the financial sector. A key component of DORA is the requirement for regulated entities to perform digital operational resilience testing in order to help improve the resilience of their workloads. This blog post outlines how you can […]

Financial Market Infrastructure Providers Cloud Adoption Trends for 2H24

Financial Market Infrastructure Providers Cloud Adoption Trends for 2H24

As we look forward to the start of a new year, we wanted to reflect on cloud adoption trends from Financial Market Infrastructure providers (FMIs) for the second half of 2024. Over the last six months, FMIs, such as exchanges, clearing houses (CCPs) and security depositories (CSDs), accelerated migrating critical workloads across all business lines […]

Financial Market Infrastructure Providers Cloud Adoption Trends for The First Half of 2024

Financial Market Infrastructure Providers Cloud Adoption Trends for The First Half of 2024

This blog post has been adopted from a Newsletter Released in the summer of 2024 With warm temperatures in New York, we took a few moments to reflect on a busy first half of the year from a cloud adoption perspective for Financial Market Infrastructure providers (FMIs). Exchanges, clearing houses (CCPs) and security depositories (CSDs) […]

Modern AWS Data Strategy and Architecture for banking using BIAN Framework

Modern AWS Data Strategy and Architecture for banking using BIAN Framework

In today’s dynamic rapidly evolving financial landscape, banks face evolving challenges and opportunities. Rising customer expectations, increasing stringent regulatory requirements, and ongoing digital disruption are reshaping the industry. The Banking Industry Architecture Network (BIAN) framework, when implemented using Amazon Web Services (AWS), offers an effective solution to these challenges. This blog outlines a strategy approach […]

How Aquis created a cloud-native exchange to meet the highest regulatory requirements on AWS

How Aquis created a cloud-native exchange to meet the highest regulatory requirements on AWS

Aquis Stock Exchange The Aquis Stock Exchange (AQSE), based in the United Kingdom, is a subsidiary of Aquis Exchange PLC, which operates the seventh-largest pan-European Equities exchange group by daily average volume. Focusing on growth companies, AQSE operates its own markets and sells technology solutions to other exchange operators. In 2023, AQSE became the world’s […]