AWS for Industries

Tag: Financial Services

How to improve FRTB’s Internal Model Approach implementation using Apache Spark and Amazon EMR

The Fundamental Review of the Trading Book (FRTB) is a set of proposals by the Basel Committee on Banking Supervision for market risk capital calculation for banks. This new set of rules (often referred to as “Basel IV”) is intended to create a more resilient market and capture risk adequately for stressed market conditions. It […]

Increasing flexibility: Capital Markets firms in the cloud adapt more quickly

In his post titled “Dealing with disruption: How financial institutions are using cloud technology to respond to COVID-19 and reshape the industry,” Scott Mullins, Head of Worldwide Financial Services Business & Market Development for AWS, discussed how COVID-19 has impacted the normal course of business in the Financial Services industry. For Capital Markets firms, scaling […]

How payment companies are using cloud technology to respond to shifts in consumer behavior

COVID-19 has upended the way consumers interact with their financial institutions on an unprecedented scale and speed as detailed in the blog post authored by Scott Mullins, Managing Director of Worldwide Financial Services Business & Market Development for AWS, and the payments industry is no exception. The global pandemic has accelerated the growth of digital […]

Dealing with disruption: How financial institutions are using cloud technology to respond to COVID-19 and reshape the industry

“Disruption.” It’s a word that we hear often in the Financial Services industry, typically when we describe innovations that create new markets or value networks that could potentially displace established norms, market leaders, or products. The unprecedented health challenge that the world is confronting today has brought a different type of disruption to the global […]

How financial institutions can approve AWS services for highly confidential data

As the financial services industry accelerates cloud adoption, it was refreshing to hear directly from David Solomon, Goldman Sachs CEO, on the keynote stage last year at AWS’s annual conference re:Invent 2019 in Las Vegas. Cloud services allow Goldman Sachs to simplify financial services technology in a safe, secure, and responsible manner. (For more on […]

Enabling mainframe automated code build and deployment for financial institutions using AWS and Micro Focus solutions

Mainframes are used by financial institutions for critical applications, batch data processing, online transaction processing, and mixed concurrent workloads. They have non-functional requirements such as performance, security, and resource availability to process all workloads, even in development environments. However, potential resource and parallelism reduction may occur during the development of new programs and subsequent testing. […]

AWS re:Invent 2019 – Financial services industry recap

60,000+ attendees. 3,000+ technical sessions. 75+ service launches. 50+ breakout sessions focused on Financial Services. In case you missed it or would like to re-visit content about how financial institutions are using AWS to transform their businesses and bring new ideas to market, check out this recap guide created by the Financial Services Content team. […]

AWS re:Invent 2019 – Financial Services Industry Guide

We have a full re:Invent program planned for the Financial Services industry in December. This year’s conference will be our biggest yet with 60,000+ attendees and 2,500+ technical sessions along with a dedicated industry track, more hands-on learning opportunities, and unique events. Below is some key information to help the thousands of Financial Services attendees […]