Tag: Financial Services

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 […]

AWS re:Invent 2022 took place Nov. 28 – Dec. 2, 2022 in Las Vegas, and it was a week of learning, innovating, and rethinking what’s possible with AWS. This year’s conference saw the unveiling of a multitude of new products and services. There was an unmissable emphasis on data, specifically using the power of data […]

Crypto currencies started as an experiment in 2008, initially supported by global developer communities and retail traders. They have since expanded into a multi-billion dollar industry, traded on numerous Crypto exchanges with growing amounts of institutional interest. Many of these exchanges have been built on AWS, resulting in the opportunity for High Frequency Traders (HFTs) […]

In previous posts we’ve presented scenarios where Amazon FinSpace data analysis capabilities are used to address different use cases. For these analyses we used data available on AWS Data Exchange and on third-party data sources. Some examples of analysis are what-if scenarios of trading strategies, ESG portfolio optimization, and Analyzing petabytes of trade and quote […]

In this series, you’ll learn to build a modern insurance claims processing application on AWS. You’ll see an application that uses an event-driven architecture to loosely couple the applications’ components. This application is built with Amazon EventBridge, AWS Step Functions, AWS Lambda, Amazon DynamoDB, and more. You’ll also learn why an event-driven architecture and serverless […]

In its shift to the cloud, the financial services industry is confronting a range of familiar and emerging issues: evolving regulations, privacy laws, highly dynamic security threat landscape, security, and operational resilience. With limited cloud expertise, this presents a series of complex challenges. The AWS Swiss FSI SA and Compliance team is here to help […]

Regulators like the Financial Conduct Authority in the UK are increasingly focused on how financial services institutions respond to and recover from operational disruptions. They’re looking for a comprehensive approach to operational resilience, making sure that they and the financial sector as a whole prevent, adapt, respond to, recover, and learn from operational disruption. Technology […]

In virtually every country, financial services organizations are heavily regulated. Although this has often been used as a rationale for a lack of innovation, leveraging controls that are designed for both accountability and speed can allow for innovation and regulation to co-exist. This post discusses how Legal & General’s central IT function, Group Technology, have […]

Handling the end-of-life expenses of a loved one can present a significant and often unexpected cost burden to the survivors. Purchasing an insurance policy with a death benefit (often called funeral insurance) can help cover the costs associated with fulfilling the last wishes of the deceased, including burial, travel expenses to attend a memorial service, […]

The computing needs of capital market and insurance firms have evolved with regulatory regimes requiring firms to develop more complex models that run more frequently and provide transparency. In response, firms are creating more complex models that require greater compute capacity. As financial institutions run their grid workloads on AWS, two core aspects stand out […]