AWS for Industries

Tag: Financial Services

How Cloud-based Data Mesh Technology Can Enable Financial Regulatory Data Collection

Background Central banks and financial regulators depend on access to high-quality, up-to-date data from regulated financial institutions such as banks and insurance companies. These regulated entities have widely varying and changing operational environments, each operating independently, but must coordinate with the regulator to exchange relevant data. Today, the costs incurred by banks in supporting regulators’ […]

Enhancing trading strategies through cloud services and machine learning

Please be aware this blog post dives deep into some areas of trading fundamentals. An intermediate level of trading knowledge is beneficial when reading this blog post. — Traders at financial institutions need to sift through a rapidly growing blizzard of news across real-time and historical data from thousands of sources. Combined with social media […]

How data recipients can implement Open Banking on AWS

On November 26, 2017, the Australian Government announced the introduction of the Consumer Data Right (CDR). Governed by the Australian Competition & Consumer Commission (ACCC), the CDR gives consumers greater control over their data, aiming to improve consumers’ ability to compare and switch between products and services. For example, fintechs can use Open Banking data to help […]

re:Invent 2020 – Financial Services Industry Track Weekly Roundup

The Financial Services track for AWS re:Invent 2020 shares how AWS customers in the capital markets, banking, payments, and insurance sectors are turning this year’s challenges into upsides—and Building for the future. Speaking of upsides: The conference went fully virtual this year, for the first time. And with more than 540,000 participants signing up for […]

re:Invent – Financial Services Track: Week One Highlights + Coming Attractions

The Financial Services track for AWS re:Invent 2020 shares how AWS customers in the capital markets, banking, payments, and insurance sectors are turning this year’s challenges into upsides—and Building for the future. This weekly roundup will showcase highlights from the prior week and spotlight upcoming attractions for the Financial Services track. With a total of […]

When ESG becomes an innovation opportunity for banks

Innovation leaders regularly get asked: How will the banking industry change in the next three to five years? This question is more relevant than ever as banks, and the rest of the world, cope with multiple, unprecedented crises that will have profound, long-term societal and corporate impacts—yet to be determined. The through line intersecting most […]

Make the most of AWS re:Invent 2020 – Financial Services Industry Guide

AWS re:Invent routinely fills several Las Vegas venues with standing room only crowds, but we are bringing it to you with an all-virtual and free event this year. This year’s conference is gearing up to be our biggest yet, and we have an exciting program planned for the Financial Services industry with five keynotes, 18 […]

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 […]

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 […]

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 […]