AWS for Industries
Tag: Financial Services
How Legal & General manage diverse requirements and deliver value at speed in a highly regulated environment
In virtually every country, financial services organizations are heavily regulated. Although this has often been used as a rationale for a lack of innovation, leveraging controls that are designed for both accountability and speed can allow for innovation and regulation to co-exist. This post discusses how Legal & General’s central IT function, Group Technology, have […]
Faster End-of-Life Insurance Claims Payouts with Automated Fraud Checks
Handling the end-of-life expenses of a loved one can present a significant and often unexpected cost burden to the survivors. Purchasing an insurance policy with a death benefit (often called funeral insurance) can help cover the costs associated with fulfilling the last wishes of the deceased, including burial, travel expenses to attend a memorial service, […]
Post Processing Capital Market and Insurance Grid output data in AWS
The computing needs of capital market and insurance firms have evolved with regulatory regimes requiring firms to develop more complex models that run more frequently and provide transparency. In response, firms are creating more complex models that require greater compute capacity. As financial institutions run their grid workloads on AWS, two core aspects stand out […]
AWS Glue successfully assessed for all 14 controls in the EDM Council’s CDMC (Cloud Data Management Capabilities) framework
AWS Glue has successfully completed an external assessment that confirms that its reference architecture provides comprehensive controls for protecting sensitive data in the cloud. AWS is the first cloud service provider to have completed an internal and external assessment of the CDMC controls framework. A leading data and strategy consulting organization (the firm) assessed the […]
FSI Services Spotlight: Featuring AWS Managed Microsoft Active Directory
Welcome back to the Financial Services Industry (FSI) Service Spotlight monthly series. Each month we look at five key considerations that FSI customers should focus on to help streamline cloud service approval for one particular service. Each of the five key considerations includes specific guidance, suggested reference architectures, and technical code that can be used […]
Is your Enterprise Risk Management Framework ready for the Cloud?
Chief Risk Officers (CROs) and the risk function both have an important role to play in the continued digital transformation of financial services institutions (FSIs), and the use of Cloud technology to enable it. Cloud technology differs from traditional (on-premises) IT solutions, and the relationship between FSIs and cloud service provider is also different to […]
How to perform price action analysis with Amazon FinSpace
Price Action Analysis is a trading methodology that solely focuses on recent price movements of securities. It allows traders to understand and capture the current market structure in patterns, further serving as trading signals. Reading price action intuitively is an effective way to maximize trading profits for retail traders, institutional traders, and hedge fund managers. […]
See how Capital One is using AWS machine learning at scale to transform banking and payments
Capital One has been a disrupter in the financial services industry since 1994, using technology to transform banking and payments. Today, the “digital bank” is all in on Amazon Web Services (AWS), embracing data analytics, microservices, artificial intelligence (AI), machine learning (ML), and other solutions to continue to innovate. We have successfully exited all of […]
FSI Service Spotlight: Amazon Managed Streaming for Kafka (MSK)
In this edition of the Financial Services Industry (FSI) Services Spotlight monthly blog series, we highlight five key considerations of Amazon MSK: achieving compliance, data protection, isolation of compute environments, automating audits with APIs, and operational access and security respectively. Each of the five areas includes specific guidance, suggested reference architectures, and technical code that […]
CloudFront FSI Service Spotlight
In this edition of the Financial Services Industry (FSI) Services Spotlight monthly blog series, we highlight five key considerations for customers running workloads on Amazon CloudFront: achieving compliance, data protection, isolation of compute environments, audits with APIs, and access control/security. Across each area, we’ll examine specific guidance, suggested reference architectures, and technical code to help […]