Amazon Web Services - News, Articles & Research

The old rules no longer apply: Risk management and regulatory reporting in the cloud

Deploying new applications on the cloud is now the default. The question is not if applications should be built in the cloud or existing workloads should be migrated, but how fast can financial institutions (FIs) remove traditional IT constraints in the age of digitalisation.

12 July 2019

News/cloud

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

News/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

News/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

Research

The New Consolidated Audit Trail (CAT) Timeline: Rethinking Your Implementation Plan

12 July 2019 29 downloads

Research

Unclouding the Risks of Cloud Implementations for Regulatory and Risk Reporting

12 July 2019 119 downloads

Research

Transforming Risk Systems for Financial Institutions

12 July 2019 185 downloads

Company announcement/cloud

AWS ships Textract

Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced the general availability of Amazon Textract, a fully managed service that uses machine learning to automatically extract text and data, including from tables and forms, in virtually any document without the need for manual review, custom code, or machine learning experience.

30 May 2019

News/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

Company announcement/cloud

Torstone joins AWS partner network

Torstone Technology, a leading global provider of post-trade securities and derivatives processing, today announced that it has been granted the status of Financial Services Competency Partner in the Amazon Web Services (AWS) Partner Network.

01 May 2019

News

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

Company announcement/cloud

Insurance software firm Vertafore signs on with AWS

Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced that Vertafore, a leading software and data provider to the insurance industry, is migrating its business-critical products and workloads to the world’s leading cloud and has selected AWS as its standard for artificial intelligence and machine learning workloads.

24 April 2019