AWS for Industries

Tag: Financial Services

Trading system functionality made possible by the cloud – Insights from Trading Technologies

Trading Technologies (TT) began its journey in the cloud more than five years ago. On the AWS Blog in 2015, we highlighted their cloud migration in terms of platform transformation and the cultural shifts they and their clients made for a successful conversion. What has TT been up to since that time? “In 2015, we […]

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How cloud increases flexibility of trading risk infrastructure for FRTB compliance

The Basel Regulatory Framework strives for a strict boundary between financial institutions’ trading books and banking books to prevent regulatory arbitrage. The Trade Book element of these regulations (the Fundamental Review of the Trading Book or FRTB) seeks, in exchange for more rigorous risk modeling, to strengthen trade risk management allowing institutions to optimize the […]

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Supporting digital signature and secure message transmissions for Brazilian Instant Payment Systems with AWS CloudHSM

Brazilian financial institutions such as banks, investment brokers, and insurance companies are authorized to use cloud services, as long as they comply with applicable legal and regulatory requirements. AWS has a Compliance Center that offers financial institutions a central location to research cloud-related regulatory requirements and how they impact your industry. For example, the Resolution 4658 provides for the cyber […]

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Accessing Japan Exchange Group (JPX) arrownet through AWS

We often hear the term “undifferentiated heavy lifting.” This refers to resource-intensive work that needs to be done, but doesn’t differentiate you from your competitors. Building servers and applying security patches to your OS are examples. Such tasks take away time, talent, and capital from higher-value initiatives that set your products and services apart. At […]

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How to improve FRTB’s Internal Model Approach implementation using Apache Spark and Amazon EMR

The Fundamental Review of the Trading Book (FRTB) is a set of proposals by the Basel Committee on Banking Supervision for market risk capital calculation for banks. This new set of rules (often referred to as “Basel IV”) is intended to create a more resilient market and capture risk adequately for stressed market conditions. It […]

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Increasing flexibility: Capital Markets firms in the cloud adapt more quickly

In his post titled “Dealing with disruption: How financial institutions are using cloud technology to respond to COVID-19 and reshape the industry,” Scott Mullins, Head of Worldwide Financial Services Business & Market Development for AWS, discussed how COVID-19 has impacted the normal course of business in the Financial Services industry. For Capital Markets firms, scaling […]

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How payment companies are using cloud technology to respond to shifts in consumer behavior

COVID-19 has upended the way consumers interact with their financial institutions on an unprecedented scale and speed as detailed in the blog post authored by Scott Mullins, Managing Director of Worldwide Financial Services Business & Market Development for AWS, and the payments industry is no exception. The global pandemic has accelerated the growth of digital […]

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Dealing with disruption: How financial institutions are using cloud technology to respond to COVID-19 and reshape the industry

“Disruption.” It’s a word that we hear often in the Financial Services industry, typically when we describe innovations that create new markets or value networks that could potentially displace established norms, market leaders, or products. The unprecedented health challenge that the world is confronting today has brought a different type of disruption to the global […]

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How financial institutions can approve AWS services for highly confidential data

As the financial services industry accelerates cloud adoption, it was refreshing to hear directly from David Solomon, Goldman Sachs CEO, on the keynote stage last year at AWS’s annual conference re:Invent 2019 in Las Vegas. Cloud services allow Goldman Sachs to simplify financial services technology in a safe, secure, and responsible manner. (For more on […]

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Enabling mainframe automated code build and deployment for financial institutions using AWS and Micro Focus solutions

Mainframes are used by financial institutions for critical applications, batch data processing, online transaction processing, and mixed concurrent workloads. They have non-functional requirements such as performance, security, and resource availability to process all workloads, even in development environments. However, potential resource and parallelism reduction may occur during the development of new programs and subsequent testing. […]

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