BMO and FICO Transform Financial Services with AWS

Muthoot Fincorp, one of India’s leading non-bank financial companies, provides a wide array of financial services to its customers. It was transforming, reading, and storing the data related to these services in a way that was inefficient and costly, causing a strain on the company’s resources. With a solution from AWS Partner Ganit, Muthoot Fincorp was able to optimize its data storage setup and workflows to improve processing speeds and significantly lower costs.

Switzerland-based insurance company SwissCaution consolidated around 25 on-premises databases and its back-office insurance applications into a single platform called msg Unified Administration Platform (msg.UAP) on Amazon Web Services (AWS). SwissCaution can now deliver new insurance products faster and at less cost. The scalable and extensible cloud-based solution supports SwissCaution’s future growth and allows its partners to connect to its back-office processes and gain added-value functionality for the first time. The platform also complies with relevant security and financial sector regulations.

Capitalize, a Fintech startup, worked with Thoropass, an AWS Global Security & Compliance Acceleration Program Partner, to quickly achieve SOC 2 compliance. As a result, Capitalize can demonstrate a commitment to security and data protection and earn trust with its customers. Thoropass is an end-to-end compliance automation platform that includes both software and audit services for customers looking to achieve and maintain compliance.

SingleStoreDB Cloud on AWS provides private connectivity using AWS PrivateLink integration and automatically manages data across a three-tiered storage architecture comprised of memory, persistent cache, and storage. Proof is a FinTech SaaS compnay that connects to SingleStoreDB Cloud using AWS PrivateLink.