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Nomura Uses Llama Models from Meta in Amazon Bedrock to Democratize Generative AI
Learn about Nomura's journey to democratize generative AI firm-wide using Llama models from Meta in Amazon Bedrock.
Aniruddh Singh, Nomura's executive director and enterprise architect, outlines the financial institution’s journey to democratize generative AI firm-wide using Amazon Bedrock and Llama models from Meta. Amazon Bedrock provides critical access to leading foundation models like Llama, enabling seamless integration. Llama offers key benefits to Nomura, including faster innovation, transparency, bias guardrails, and robust performance across text summarization and code generation.
AWS Services Used
Amazon Bedrock
Amazon Bedrock is a fully managed service that offers a choice of high-performing foundation models (FMs) from leading AI companies like AI21 Labs, Anthropic, Cohere, Meta, Mistral AI, Stability AI, and Amazon through a single API, along with a broad set of capabilities you need to build generative AI applications with security, privacy, and responsible AI.
Llama 3.1 demonstrates state-of-the-art performance on a wide range of industry benchmarks and offers new capabilities, including a 128K context length, improved reasoning supported by eight languages, and Llama 3.1 405B—the largest publicly available foundation model.
One of the big four banks in Australia, National Australia Bank (NAB) provides retail banking services to more than 10 million customers and is the largest business lender in the country.
As Australia’s leading business bank, National Australia Bank (NAB) continue their cloud migration at great speed, and the numbers come in for customer — and developer — satisfaction.
Crece Más, a company devoted to helping entrepreneurs thrive, wanted to develop a platform to give small businesses tools to automate operations and grow—but struggled to secure funding. With the help of AWS Partner Facele and Amazon Web Services (AWS) infrastructure, Crece Más secured funding to develop a platform to manage inventory, sales, deliveries, and more. With an impressive new application, Crece Más has grown its customer base by 45 percent in just six months. The platform allows small businesses to scale, increase sales by up to 45 percent, and reduce operational costs by 25 percent, helping them expand into new markets and contribute to regional economic growth.
Factoring services company Capital Express wanted to improve client evaluations and grow its business, but it had an outdated system that made accessing data difficult. The company teamed up with AWS Partner NetRed to migrate its data using capabilities from Amazon Web Services (AWS). Migrating helped Capital Express create Advance, an innovative financial management tool that offers real-time data processing. Implementing Advance cut monthly operating costs by 94 percent. It also reduced the time needed for client enrollment and IT consultations to just five minutes. These improvements streamlined operations and enabled faster service delivery, dramatically increasing the growth potential of Capital Express and helping it meet customer needs faster.
Organizations of all sizes across all industries are transforming their businesses and delivering on their missions every day using AWS. Contact our experts and start your own AWS journey today.
