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Guidance for Digital User Onboarding in Financial Services on AWS

Overview

This Guidance helps automate and deliver a seamless digital user onboarding process for financial institutions that enable users to open a bank account in a matter of minutes rather than days.

How it works

Use this reference architecture for building a digital onboarding platform on AWS using AI/ML and cloud-native services.

Well-Architected Pillars

The architecture diagram above is an example of a Solution created with Well-Architected best practices in mind. To be fully Well-Architected, you should follow as many Well-Architected best practices as possible.

This architecture is built using native AWS services that integrate with Amazon CloudTrail and Amazon CloudWatch for monitoring, logging, and auditing purposes. With the use of fully managed services, it becomes easy to manage the workload, as AWS takes care of the operational aspects of the services.

Read the Operational Excellence whitepaper

With fully managed services, AWS manages the security aspects of the hosting and management of the services, while customers need only to use the services securely. Managed services also offer better integration with logging and monitoring services such as CloudWatch and CloudTrail, leading to better auditability.

Read the Security whitepaper

Services such as Amazon Textract and Amazon Rekognition are fully managed services, and inherently reliable, because AWS manages the scalability of the services.

Read the Reliability whitepaper

The use of fully managed services makes it easy for customers to try out various patterns that meet their performance requirements.

Read the Performance Efficiency whitepaper

The use of managed services lets the customer build a platform that scales with the growing business needs. With this option, the customer pays only for what they use, and don’t have to worry about long term investments.

Read the Cost Optimization whitepaper

Using native AWS services and serverless technologies (Amazon Textract, Amazon Rekognition, Amazon API Gateway, Amazon S3, Amazon DynamoDB, and so on) helps build a platform that scales with growth in business, so the customer doesn’t need to  build and keep over-provisioned resources.

Read the Sustainability whitepaper

Disclaimer

The sample code; software libraries; command line tools; proofs of concept; templates; or other related technology (including any of the foregoing that are provided by our personnel) is provided to you as AWS Content under the AWS Customer Agreement, or the relevant written agreement between you and AWS (whichever applies). You should not use this AWS Content in your production accounts, or on production or other critical data. You are responsible for testing, securing, and optimizing the AWS Content, such as sample code, as appropriate for production grade use based on your specific quality control practices and standards. Deploying AWS Content may incur AWS charges for creating or using AWS chargeable resources, such as running Amazon EC2 instances or using Amazon S3 storage.