Category: Financial Services

Earlier this year, the United States Department of the Treasury (UST) released a report titled “The Financial Services Sector’s Adoption of Cloud Services,” based on discussions with financial services and technology organizations, including AWS. The report discusses the ways financial institutions (FIs) and consumers can benefit when FIs use cloud services, including “reduced costs, ability […]

A McKinsey study found that Fortune 500 financial institutions could generate as much as $60 billion to $80 billion in run-rate EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) in 2030 by making the most of the cost-optimization levers and business use cases unlocked by the cloud. Given the numbers at stake, financial institutions are […]

The Financial Services Industry (FSI) is in the midst of a significant transformation and given the key role digitization plays, electronic payments are at the epicenter of this transformation. Payments are becoming increasingly cashless, and the industry’s role in fostering inclusion has become a significant priority. Innovation and development of digital economies are supported by […]

Leading eCommerce enterprises prioritize continuous customer experience innovation—from serving up curated and highly personalized product selections to paperless, QR-code-enabled returns. Enterprises are especially focused on the checkout or payment phase of the customer lifecycle, a stage where friction can mean the difference between a sale and an abandoned cart. Stored payment credentials are a powerful […]

Today, AWS is announcing Amazon FinSpace with Managed kdb Insights, a new capability that makes it simple to configure, run, and manage kdb Insights on AWS. KX Systems’ kdb Insights, a high-performance analytics engine, is optimized for analyzing real-time and multi-petabyte historical time series data. Kdb Insights is widely used in capital markets to power […]

Who is Exberry  Exberry offers a cloud-native matching engine platform that enables traditional and alternative exchanges to launch ultra-low latency markets quickly and run them cost-effectively. We launched Exberry to meet the rising demand from exchange operators for a flexible, high-performance matching engine platform that could support multiple asset classes and trading strategies and was […]

Financial Services Institutions (FSIs) are looking for opportunities to exploit interoperability across a collaborative ecosystem to boost transactions through their channels, partners’ channels, and payment methods. From this post: “Forrester asserts that aggregators and intermediaries that create value across industries will become important agents in a diverse collaborative ecosystem. However, not all organizations have the […]

AWS developed the Experience-Based Acceleration (EBA) to help customers accelerate their journey to AWS. This transformation methodology uses hands-on, agile, and immersive interactions to build cloud capabilities. Through EBA, customers accelerate business value by removing friction points, building cross-functional teams, and enabling two-way door decisions. Regulatory demands often define financial services’ organizational structure in a […]

The cloud presents massive opportunities to improve efficiency, reduce complexity, and accelerate innovation. For Capital One, however, digital transformation is a complex task due to the financial services industry’s strict security and compliance requirements. Financial institutions often seek effective strategies to adopt cloud technologies while remaining secure and compliant. Capital One’s solution In 2020, Capital […]

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 […]