Category: Financial Services

In this post, we highlight key lessons learned while helping a global financial services provider migrate their Apache Hadoop clusters to AWS and best practices that helped reduce their Amazon EMR, Amazon Elastic Compute Cloud (Amazon EC2), and Amazon Simple Storage Service (Amazon S3) costs by over 30% per month.

Capital Fund Management (CFM) is an alternative investment management company based in Paris with staff in New York City and London. CFM takes a scientific approach to finance, using quantitative and systematic techniques to develop the best investment strategies. In this post, we share how we built a well-governed and scalable data engineering platform using Amazon EMR for financial features generation.

This post is written in collaboration with Clarisa Tavolieri, Austin Rappeport and Samantha Gignac from Zurich Insurance Group. The growth in volume and number of logging sources has been increasing exponentially over the last few years, and will continue to increase in the coming years. As a result, customers across all industries are facing multiple […]

This post is co-written with Toney Thomas and Ben Vengerovsky from Bluestone. In the ever-evolving world of finance and lending, the need for real-time, reliable, and centralized data has become paramount. Bluestone, a leading financial institution, embarked on a transformative journey to modernize its data infrastructure and transition to a data-driven organization. In this post, […]

Towards the end of 2022, AWS announced the general availability of real-time streaming ingestion to Amazon Redshift for Amazon Kinesis Data Streams and Amazon Managed Streaming for Apache Kafka (Amazon MSK), eliminating the need to stage streaming data in Amazon Simple Storage Service (Amazon S3) before ingesting it into Amazon Redshift. Streaming ingestion from Amazon […]

Financial services customers are using data from different sources that originate at different frequencies, which includes real time, batch, and archived datasets. Additionally, they need streaming architectures to handle growing trade volumes, market volatility, and regulatory demands. The following are some of the key business use cases that highlight this need: Trade reporting – Since […]

This post is cowritten with Pramod Nayak, LakshmiKanth Mannem and Vivek Aggarwal from the Low Latency Group of LSEG. Transaction cost analysis (TCA) is widely used by traders, portfolio managers, and brokers for pre-trade and post-trade analysis, and helps them measure and optimize transaction costs and the effectiveness of their trading strategies. In this post, […]

Data sharing is becoming an important element of an enterprise data strategy. AWS services like AWS Data Exchange provide an avenue for companies to share or monetize their value-added data with other companies. Some organizations would like to have a data sharing platform where they can establish a collaborative and strategic approach to exchange data […]

This post is co-written by Martin Zoellner, Thomas Ehrlich and Veronika Bogusch from BMW Group. BMW Group and AWS announced a comprehensive strategic collaboration in 2020. The goal of the collaboration is to further accelerate BMW Group’s pace of innovation by placing data and analytics at the center of its decision-making. A key element of […]

June 2023: This post was reviewed and updated for accuracy. IMM (Institutional Money Market) is a mutual fund that invests in highly liquid instruments, cash, and cash equivalents. IMM funds are large financial intermediaries that are crucial to financial stability in the US. Due to its criticality, IMM funds are highly regulated under the security […]