Latest Amazon Web Services News: Finextra Research

How to build the regulator’s confidence in the cloud

When moving to the cloud, meeting all risk, legal and compliance requirements is non-negotiable. The key question regulators are asking financial services providers is whether they have identified the operational risks associated with migrating to cloud computing, and if banks understand the process of managing these obstacles.

12 July 2019

/cloud

Maintaining data integrity in the cloud amid regulatory change

The cloud is beckoning, and security is job number one. Regulatory reporting has shifted from accounting values to full-fledged risk management, encompassing credit, liquidity and market risk as financial institutions (FIs) increase in size, have larger geographic footprints and continue to offer complex products.

12 July 2019

/cloud

Compliance in the cloud for a demanding regulatory environment

The cloud has fundamentally altered the economics and time to value of risk management and regulatory reporting. By allowing banks to handle the real-time, daily and periodic nature of regulatory reporting in an elastic manner, cloud computing has also provided cost-effective, long-term (and immutable) data storage to respond to queries from regulators.

12 July 2019

/ai

Emirates NBD taps AWS for AI-enabled bank

Emirates NBD is using Amazon Web Services (AWS) machine learning and data analytics technology to help build a "bank of the future".

30 May 2019

/cloud

SGX to move blockchain platform to Amazon Web Services

The Singapore Exchange is to port its investments in Hyperledger Fabric to Amazon Web Services as the big tech giant unveils its cloud-based Managed Blockchain network.

01 May 2019

/cloud

Standard Bank contracts with AWS for mass migration to the cloud

Standard Bank of South Africa is to adopt a cloud-first approach to its business, contracting with Amazon Web Services for a mass-migration of its IT architecture in a bid to drive its digital transformation strategy.

27 March 2019

/regulation

State Street signs up for AWS Backup service

Financial services giant State Street is one of the first firms to sign on for Amazon Web Services' new AWS Backup, a fully-managed, centralised service to automate backups of data and meet regulatory requirements.

18 January 2019

/cloud

Santander's Openbank migrates to AWS

Banco Santander's digital-only subsidiary Openbank has moved to the cloud, going all-in on Amazon Web Services.

28 November 2018

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