Goldman Sachs, an established financial services firm, transforms its operations on AWS
Goldman Sachs is a leading global financial institution that delivers a range of financial services across investment banking, securities, investment management, and consumer banking to a large and diversified customer base that includes corporations, financial institutions, governments, and individuals.
Goldman Sachs uses Amazon Web Services (AWS) solutions to transform the way it operates internally—from automated digital forensics to digital supply chain and procurement—and externally by serving customers through innovations such as the Goldman Sachs Financial Cloud for Data. The latter is a suite of cloud-based data and analytics solutions for financial institutions that integrates with AWS Data Exchange. It helps financial institutions securely integrate data alongside Goldman Sachs’s curated financial markets data to improve decision making.
“One of the main focuses for us is data management. It’s critical to everything we do in financial services. We’ve been re-platforming our core data architecture onto AWS, enabling us to deploy at scale, take advantage of the latest cloud technologies, and really increase the speed and scale that we can operate our business. AWS allows us to achieve the kind of business velocity that we can’t achieve on premises.”
Managing Director, Goldman Sachs
Find out how building on Goldman Sachs builds on AWS to continuously innovate, while staying in compliance of complex financial regulations—including creating a suite of cloud-based data and analytics solutions for institutional investors in collaboration with AWS. Below are some highlights from Goldman Sachs’ cloud journey:
Goldman Sachs Uses AWS to Transform and Help Clients Achieve Financial Goals
Using AWS to power new innovations, Goldman Sachs helps clients achieve their financial goals in addition to helping businesses build financial capabilities into their workloads. At re:Invent 2019, David Solomon, chief executive officer of Goldman Sachs, shares how innovating on the cloud helps Goldman Sachs simplify its job while still working responsibly and securely within the complexities of the highly regulated financial industry. Building solutions across the business, such as consumer credit, digital consumer banking, transaction banking, and the institutional securities database, Solomon discusses the importance of the cloud.
Goldman Sachs and AWS Collaborate to Create New Data Management and Analytics Solutions for Financial Services Organizations
Goldman Sachs announced the launch of Goldman Sachs Financial Cloud for Data with AWS—a new suite of cloud-based data and analytics solutions for financial institutions. This unique collaboration, which uses AWS Data Exchange, redefines how clients can discover, organize, and analyze data in the cloud, thereby gaining rapid insights and driving informed investment decisions. Institutional clients will benefit from decades of Goldman Sachs’s experience to address data management and analytics challenges
Goldman Sachs builds on AWS to help advance its business and accelerate innovation for its customers. Get more insights on how it continues to innovate by building on AWS by visiting the Goldman Sachs Innovator page.
Petra E. Lewis is a content specialist for the Global Customer References Program (GCRP)’s Storytelling group at AWS. She is a seasoned marketing communications professional who worked in financial services prior to entering tech. Her last financial services role was vice president and head of Internal Communications for a top-10 global investment bank.