Citizens Bank Modernizes its Mainframe with AWS Partner Precisely

Bank of Montreal (BMO), a 200-year-old financial institution and eighth-largest bank in the Americas, selected AWS Partner FICO and Amazon Web Services (AWS) to modernize its credit decision. Facing challenges with legacy, on-premises infrastructure, BMO transitioned to cloud services through FICO’s Platform on AWS. This move has provided a secure, scalable environment and eliminated issues with updates, offering seamless, version-free upgrades. The partnership has enabled faster, lower-cost changes, reduced data processing times, and allowed for enhanced data integration—all driving better, quicker service for BMO’s 12 million customers.

Likezero is a UK-based agreement intelligence software company, spun out of professional services company PwC. Its legal agreement application previously ran on PwC’s private network, and is also hosted by two major partners—the London Stock Exchange and S&P Global. Likezero needed a new cloud-based solution after the company became independent from PwC, so it turned to AWS Partner Eviden to help it run its service for customers on Amazon Web Services (AWS). Eviden developed a highly scalable system for Likezero on AWS in 2 months.

Base39, a financial technology provider, has revolutionized its operations by adopting a serverless architecture on Amazon Web Services (AWS). Initially struggling with costly and complex manual searches, Base39 collaborated with AWS Partner MongoDB and AWS Partner Anthropic to leverage their respective solutions—Atlas Vector Search and Claude respectively. This transition cut loan analysis costs by 96% and decision time from three days to under an hour. The serverless model also reduced infrastructure costs by 84%, development costs by 75%, and maintenance by up to 100%. Supported by AWS and the MongoDB for Startups program, Base39 has significantly improved efficiency, customer satisfaction, and innovation, releasing new models weekly and enhancing financial solutions in Latin America.

De Volksbank is the parent company and platform provider for four bank brands that deliver personalized banking to over 3 million customers in the Netherlands. De Volksbank’s mission is to build close relationships with its customers, employees, and shareholders and to make the biggest positive impact on Dutch society. To improve its customer-facing services, de Volksbank wanted to combine data from various sources to create data-driven business insights that help it adhere to compliance, accelerate application development, and drive adoption of cloud-native technologies. The company selected AWS Partner Schuberg Philis to build a resilient and scalable near real-time data platform on Amazon Web Services (AWS).