Tag: financial

This post discusses how FIA Tech, a leading technology provider for the exchange traded derivatives (ETD) industry, built the Trade Data Network (TDN) on Amazon Web Services (AWS). TDN is an industry initiative that provides a shared ledger of trading information to address the fragmentation and lack of transparency in ETD post-trade processing. The TDN initiative currently includes 17 banks/brokers and 40 investment managers and hedge funds with combined assets under management of more than $34 trillion.

Hong Kong Science and Technology Parks Corporation (HKSTP) and Amazon Web Services (AWS) announced the establishment of the first AWS Joint Innovation Center (JIC) in Hong Kong at last fall’s AWS Startup Day. AWS JIC is a collaborative innovation program designed to help enterprises and institutions combine resources, incubate promising startups, and nurture digital talent that further strengthens Hong Kong’s technology ecosystem.

At this year’s re:Invent conference, AWS is introducing Innovation Talks, which are deep dives hosted by AWS thought leaders. Dave Levy, vice president of AWS worldwide public sector, is hosting the session, “Empowering citizens through digital innovation” and will be joined by speakers from the Federal Reserve Bank of Boston, Covered California, and Singapore’s Smart Nation and Digital Government Group (SNDGG). Read this blog post to learn more about these featured customers.

Moving a college’s or university’s on-premises IT infrastructure to the cloud involves a lot of change in organization, culture, and practice. However, in my experience as a former chief financial officer (CFO) in higher education, financial planning for cloud computing is often not attended to with as much diligence. Financial planning needs to be understood as a positive feature of digital transformation, even if it means changing how financial plans are developed and managed. In this blog post, learn four strategies to consider when deciding to migrate to the cloud.

To understand how a regional institution approaches cloud migration as a catalyst to deliver more agility and value from IT, AWS invited Mark Michaels, chief information officer (CIO), and Jeff McLauchlin, vice president of DevOps, from Columbia Credit Union to share their experiences embracing cloud technology.

Before building in the cloud, government agencies need to determine how they want to allocate cloud costs in accordance with their jurisdictions’ transparency requirements and legislative oversight. A cloud cost allocation strategy–deciding how to distribute cloud costs to the users or beneficiaries of those incurred costs in a pre-defined way—is a foundational part of any agency’s cloud journey. Even though every organization’s cost allocation model may be unique, there are some common patterns, approaches, and best practices that you can leverage to design an effective strategy to meet your organization’s needs.

This year, AWS is a gold sponsor of AI for Good, the action-oriented technology-education platform hosted by the United Nations (UN). The organization is delivering a webinar series to provide best practices around how to adopt AI and ML technologies. With less than 10 years remaining to achieve the 17 United Nations’ Sustainable Development Goals (SDGs) by 2030, organizations all over the world are using AWS services to deliver various AI and ML-enabled solutions—from delivering disaster-relief services at the edge to reconnecting telecommunications after a hurricane. We are also helping organizations adopt AI and ML technologies more readily in the areas of computer vision, automatic speech recognition, and natural language process to solve ongoing global challenges.

One of the most difficult aspects in IT modernization in any industry—especially in highly regulated ones like government, financial services, and healthcare—can be getting data securely from on premises to the Amazon Web Services (AWS) Cloud. In capital markets, moving fast while staying secure can determine an organization’s ability to modernize, optimize, and innovate with new technologies such as data lakes, big data analytics, and machine learning.

Each year since 1978, thousands of financial services executives and thought leaders gather at Sibos, the largest industry conference focused on emerging technology trends. Sibos will take place September 23-26, 2019, moving to London for the first time, in honor of the city’s central role in the global financial services ecosystem. In the spirit of the conference theme, “thriving in a hyper-connected world,” Amazon Web Services (AWS) will join Sibos to help attendees differentiate technologies that drive long-term business value from short-lived trends, and discover growth opportunities from new platforms and operating models.