Despite the rise of real-time communication and streaming technologies, traditional file transfer remains the primary method for companies to move data, due to its simplicity, reliability, interoperability, and security file transfer protocols like FTP and SFTP have stood the test of time, offering robust encryption, control over data flow, and compatibility with existing systems. This method also allows for large volumes of data to be transferred efficiently without relying on third-party infrastructure, minimizing risks related to data breaches and ensuring compliance with regulatory requirements.

Managing file transfers for financial services involves significant complexity. Institutions must ensure data security and compliance with regulations like GDPR, SOX, and PCI-DSS while handling high volumes of transaction data. Traditional solutions often require extensive infrastructure, high costs, and complex management, posing risks and inefficiencies.

Our solution, based on AWS Transfer Family, integrates seamlessly with existing systems to provide a scalable, secure, and cost-effective file transfer service. It supports multiple protocols, including FTP, FTPS, and SFTP, directly interfacing with Amazon S3 or Amazon EFS, thus eliminating the need for managing protocol infrastructure and compliance manually.