Tag: Financial Services

In this edition of the Financial Services Industry (FSI) Services Spotlight monthly blog series, we highlight five key considerations of Elastic Load Balancing (ELB): achieving compliance, data protection, isolation of compute environments, automating audits with APIs, and operational access and security. Each of the five areas will include specific guidance, suggested reference architectures, and technical […]

John Kain, Head of Financial Services Market Development at Amazon Web Services (AWS) is joined by Vikram Dewan, Chief Information Officer at Jefferies, who recently announced plans to move core business systems, internal and customer-facing applications, IT resources, and companywide data to AWS. In this post, Vikram discussed Jefferies’ digital transformation and explained the value […]

Following the 8 June 2022 HM Treasury’s policy statement on critical third parties, on 21 July 2022, the UK regulatory authorities, the Bank of England (BoE), Prudential Regulation Authority (PRA), and Financial Conduct Authority (FCA) published a joint discussion paper: Operational resilience: Critical third parties to the UK financial sector. The paper sets out detailed […]

Black Knight, Inc. (NYSE:BKI) is transforming the mortgage industry and reimagining the home ownership journey for its customers by utilizing digital engagement, automation, and machine learning (ML). Black Knight Origination Technologies leverages AWS ML solutions to better standardize and validate bank statements, thereby increasing accuracy, reducing manual effort, and lowering costs. This is an example […]

According to one McKinsey Report, cash forecasting is cited among the most inefficient processes by small and large organizations alike. In turn, CFOs are seeking partners to help them navigate from reporting to predicting. Although corporate treasurers are challenged to achieve these efficiencies due to paper-based process (e.g., invoicing, wet signatures) and a lack of […]

You know you should be investing for the future, but you don’t have much money in reserve, and you’re not even sure where to start. The stock market is complicated, and you don’t fully understand how to get started with investing. And what exactly is cryptocurrency, anyway? That’s where Wealthsimple comes in. The Canadian financial […]

The technology integration process that occurs as a result of mergers and acquisitions (M&A) can be complex and broad, ranging from re-platform to re-architecture. Planning for a technology integration can take months. While CFOs make sure of compliance with local and global requirements, such as exposure reporting, OFAC screening, and customer communication, CIOs are involved […]

Ransomware, a malicious software that is designed to disrupt, damage, and/or gain unauthorized access to a computer system and its data, has been on the rise. As per Sophos, 34% of financial services organizations that were surveyed indicated that they had been hit by ransomware in 2020. Moreover, 51% of those attacks succeeded in encrypting […]

Banks must continually innovate to gain a competitive edge in protecting customer transactions and data. For decades now, modern banking has relied on the TLS (formerly known as SSL) protocol to encrypt and provide confidentiality for online transactions. In turn, the security of TLS relies on the assumption that it’s extremely difficult for even the […]

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 FSx for NetApp ONTAP (FSx for ONTAP) achieving compliance, data protection, isolation of compute environments, audits with APIs, and access control/security. Across each area, we will examine specific guidance, suggested […]