AWS Public Sector Blog

Tag: FINRA

Fighting fraud and improper payments in real-time at the scale of federal expenditures

Since 2003, the US federal government has made approximately $1.7 trillion in improper payments, with an estimated $206 billion made in FY 2020 alone. Improper payments are now anticipated to increase proportionally to new levels of federal spending. How can agencies fight improper payments at this scale? And what tools can agencies use to address fraud, erroneous data submission and other causes of this problem? Agencies can use AWS to solve the multi-sided issues of payment integrity.

FINRA

First step in enterprise modernization: Securely transferring data to the AWS Cloud

One of the most difficult aspects in IT modernization in any industry—especially in highly regulated ones like government, financial services, and healthcare—can be getting data securely from on premises to the Amazon Web Services (AWS) Cloud. In capital markets, moving fast while staying secure can determine an organization’s ability to modernize, optimize, and innovate with new technologies such as data lakes, big data analytics, and machine learning.

Analytics Without Limits: FINRA’s Scalable and Secure Big Data Architecture – Part 2

A guest post by John Brady, CISSP, VP Cyber Security/CISO, Financial Industry Regulatory Authority The Financial Industry Regulatory Authority (FINRA) oversees more than 3,900 securities firms with approximately 640,000 brokers. Every day, we watch over nearly 6 billion shares traded in U.S. equities markets—using technology powerful enough to help detect fraud, abuse and insider trading. In […]

Analytics Without Limits: FINRA’s Scalable and Secure Big Data Architecture – Part 1

A guest post by John Brady, CISSP, VP Cyber Security/CISO, Financial Industry Regulatory Authority The Financial Industry Regulatory Authority (FINRA) oversees more than 3,900 securities firms with approximately 640,000 brokers. Every day, we watch over nearly 6 billion shares traded in U.S. equities markets—using technology powerful enough to help detect fraud, abuse, and insider trading. In […]

AWS Lambda Is Now Available in the AWS GovCloud (US) Region

Serverless Computing Tailored for Regulated IT Workloads and Sensitive Controlled Unclassified Information (CUI) Data AWS Lambda, a serverless compute service, is now available in the AWS GovCloud (US) Region, Amazon’s isolated cloud region built for sensitive data and regulated workloads. Lambda now enables developers to run code in AWS GovCloud (US) without provisioning or managing […]