Activity

Total Records: 14

New Article Created

11 months ago
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Guest Blog: Accelerating Adoption of Machine Learning in the Financial Services Industry

Amazon Web Services -

Amazon Web Services (AWS) - Machine Learning (ML) is such a powerful new set of technologies, opening up so many business possibilities, that it’s sometimes difficult to imagine how best to put it to use. The possibilities are overwhelming, and there is little history to build on. In this post Baran Karlidag ties ML to the specific challenges that financial services companies are facing in today’s economy, and provides a number of concrete ideas that FinServ firms should be considering. He also addresses issues like governance and regulations that often constrain FinServ firms.

Authored by: Mark Schwartz

New Article Created

11 months ago
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Brian , created a new article Time to Rethink Build vs Buy

Time to Rethink Build vs Buy

Amazon Web Services -

Amazon Web Services (AWS) - The deployment of large amounts of resources and budgets to remediate Y2K, followed by the dot-com bubble bust, seems to have made enterprises extremely conservative when it comes to building products. Instead, they've defaulted to buying off the shelf wherever possible. In the era of the cloud, fundamentals of building have changed significantly in terms of cost, effort, and time. It’s time to re-examine some long-standing arguments and refresh the thinking on build vs. buy.

Authored by: Ishit Vachhrajani

New Article Created

11 months ago
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Brian , created a new article AWS Well-Architected for Financial Services

AWS Well-Architected for Financial Services

Amazon Web Services -

Amazon Web Services (AWS) - Cloud is part of the new normal in the financial services industry. Higher customer expectations have raised the stakes, pushing institutions to streamline operations, lower costs, and accelerate innovation. The conversation is no longer about whether to embrace the cloud, but rather, how quickly it can be done. To address the need to provide tailored advice, AWS added the concept of AWS Well-Architected Lenses in 2017. AWS now is happy to announce Financial Services lens, the first industry specific guidance for the AWS Well-Architected Framework. This post provides an introduction of its purpose, topics covered, and common scenarios included.

Authored by: Arjun Chakraborty

New Article Created

11 months ago
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Brian , created a new article The Consolidated Audit Trail and the Cloud

The Consolidated Audit Trail and the Cloud

Amazon Web Services -

Amazon Web Services (AWS) - John Kain, Worldwide Business and Market Development for Banking and Capital Markets at AWS shares his thoughts on what testing for the Consolidated Audit Trail (CAT) means for Capital Markets firms and how industry members are using the cloud to comply.

Authored by: Jonathan Allen and John Kain

New Article Created

11 months ago
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Liveness Detection to Improve Fraud Prevention in Financial Institutions with Amazon Rekognition

Amazon Web Services -

Amazon Web Services (AWS) - Facial biometrics are increasingly popular with financial institutions that are trying to balance between enhanced fraud prevention and a high-quality user experience. his blog post describes, step by step, how financial institutions can build a liveness detection solution to improve fraud prevention in payment-authorization systems.

Authored by: João Aragão Pereira, Henrique Fugita, and Rafael Werneck

New Article Created

11 months ago
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Improving fraud prevention in financial institutions by building a liveness detection architecture

Amazon Web Services -

Amazon Web Services (AWS) - Facial recognition systems are already popular worldwide and are used to prevent fraud, particularly in financial institutions. However, counterfeiters have already developed ways to bypass them. This flaw in recognition systems can be overcome by liveness detection, which can help improve the level of security while maintaining a high level of user experience in a complete frictionless flow.

Authored by: Rafael Werneck, Henrique Fugita, and João Aragão Pereira

New Article Created

11 months ago
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Maintain business continuity during unexpected events

Amazon Web Services -

Amazon Web Services (AWS) - In today's commercial landscape, business continuity depends on the efficient, uninterrupted flow of data across an organization. But IT outages can arise from a variety of fronts – from technical failures and human error to ransomware and natural disasters – and result in unexpected downtime and recovery costs. To mitigate these risks, organizations need a comprehensive disaster recovery strategy. This eBook shows how you can implement a disaster recovery strategy that is tailored to your business model and specific needs.

New Article Created

11 months ago
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A Guide to Cloud Security for Financial Services Executives

Amazon Web Services -

Amazon Web Services (AWS) - The Financial Services industry is one of the most regulated industries in the world. In order to stay competitive, Financial Services companies need to push the boundaries of innovation while complying with strict security requirements. AWS understands the security, regulatory, and compliance obligations financial institutions face and has worked with the industry’s most complex organizations to meet their requirements at every stage of their cloud journeys. Learn how financial services customers can scale and innovate, while maintaining a secure environment.

New Article Created

11 months ago
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Brian , created a new article AWS in Capital Markets eBook

AWS in Capital Markets eBook

Amazon Web Services -

Amazon Web Services (AWS) - Why are Capital Markets firms adopting the cloud? The Capital Markets industry is facing challenges—continuous automation, changing regulatory demands, dynamic market conditions, growing customer expectations—and legacy technologies can’t keep up. As a result, Capital Markets firms are adopting the AWS cloud in order to discover new opportunities, re-think and re-design operating models, and implement cost-saving measures that increase efficiency. learn through use cases how Capital Markets customers are working with AWS to accelerate their speed to market, strengthen security, enrich customer experiences, and make better data-driven decisions.

New Article Created

11 months ago
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Mining Intelligent Insights with Machine Learning in Financial Services

Amazon Web Services -

AWS Financial Services - In today's rapidly changing environment, banks are using artificial Intelligence/machine learning (AI/ML) tools to enhance customer experiences. This ebook provides business executives with a framework to leverage AI/ML for a competitive edge, including examples of AI/ML success stories within the financial services sector.

Authored by: AWS Financial Services

New Article Created

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

Amazon Web Services -

Amazon Web Services (AWS) - With record-breaking trading volumes and tremendous market volatility during the pandemic, firms recognize that their legacy applications and infrastructure are hard-pressed to ramp up at the scale and speed required. As firms think about a post-COVID-19 world, they realize the way they’ve historically approached their businesses will need to change.

Authored by: John Klain

New Article Created

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

Amazon Web Services -

Amazon Web Services (AWS) - The unprecedented health challenge the world is confronting today has brought a different type of disruption to the global economy and its citizens. It is directly impacting how financial services are delivered today and will shape the way the industry works and interacts with financial consumers in the future.

Authored by: Scott Mullins

New Article Created

11 months ago
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Brian , created a new article The Cloud Era of Financial Services

The Cloud Era of Financial Services

Amazon Web Services -

Amazon Web Services (AWS) - Leading financial services institutions are embracing cloud to both solve infrastructure needs in new ways, and create new experiences customers love. In this eBook, industry leaders share how they are navigating the technology and the organizational changes required.

Authored by: Miriam McLemore and Jonathan Allen

New Article Created

11 months ago
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How cloud increases flexibility of trading risk infrastructure for FRTB compliance

Amazon Web Services -

Amazon Web Services (AWS) - The Basel Regulatory Framework strives for a strict boundary between trading and banking. The Fundamental Review of the Trading Book seeks to strengthen trade risk management and optimize reserve capital levels. Addressing these challenges, risk managers and trading desk heads implementing IMA or SA must look beyond legacy IT systems.

Authored by: Richard Nicholson and Stephan Schmidt-Tank