BMO and FICO Transform Financial Services with AWS

AB CarVal, an alternative investment fund management company, sought a cost-effective data storage and backup solution to enhance security and reduce growing expenses. The company’s legacy processes involved manual audits that left room for error and were an inefficient use of resources. AWS Partner Druva delivered a secure, scalable data backup solution on Amazon Web Services (AWS) that automated tasks, reduced costs, simplified compliance monitoring, and enhanced data recovery.

Cyprus-based financial services group Oneworld Global Business Services migrated to Amazon Web Services (AWS) to comply with strict industry regulations, cut its energy spending, and improve the security of its businesses. Beginning with investment firm One Plus Capital, it migrated its infrastructure from an on-premises data center to AWS with the help of AWS Partner Ralliton using AWS Migration Hub. The initial migration project was so successful that Oneworld replicated the solution for four other companies within its group.

Esperanza, a non-profit microfinance organization based in the Dominican Republic, was struggling to provide loans efficiently due to a legacy system that was costly and outdated. The on-premises solution required transcribing content from physical loan files, and managing loans and reporting on customer data was manual, complicated, and time-consuming. To advance the capabilities of its organization, Esperanza turned to AWS Partner Mambu. Working with Mambu and Amazon Web Services (AWS), Esperanza migrated to digital, cloud-based operations to significantly improve their loan processing speed and agility. Moving to Mambu’s cloud banking platform led to dramatic improvements in management efficiency, access to data and reporting, and the ability to expand the breadth of their services.

Bridge, a France-based company that specializes in enabling and initiating payments, chose AWS Partner Padok to help it maintain its open banking platform 24/7 while optimizing costs and complying with French employment laws that limit overnight working hours for developers. Built on Amazon Web Services (AWS), Bridge’s infrastructure uses APIs to help customers’ systems connect with its platform in real time. Working with Padok, Bridge now has a platform that is secure and available, and the two companies have developed a trusted partnership.