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For 12 years, Amazon Web Services (AWS) has been the world’s most comprehensive and broadly adopted cloud platform. AWS offers over 100 fully featured services for compute, storage, networking, database, analytics, application services, deployment, management, developer, mobile, Internet of Things (IoT), Artificial Intelligence (AI), security, hybrid, and enterprise applications. This is provided from 55 Availability Zones (AZs) across 18 geographic regions and 1 local region around the world, with announced plans for 12 more Availability Zones and four more Regions in Bahrain, Hong Kong SAR, Sweden, and a second AWS GovCloud Region in the US. AWS services are trusted by millions of active customers around the world – including the fastest growing startups, largest enterprises, and leading government agencies – to power their infrastructure, make them more agile, and lower costs.
AWS works with all types of financial institutions—from established global investment banks to pioneering fintech startups—to help reinvent and optimize their relationship with technology to quicken go-to-market speeds, automate and strengthen security, increase stakeholder value, improve customer experiences, and lower costs. Because the Financial Services industry is so highly regulated, AWS also works closely with financial institutions to strengthen their governance, risk, and compliance (GRC) programs without sacrificing their ability to innovate. With the surge in data and new business models, managing GRC has become increasingly complex, driving a need for enhanced security mechanisms, complex financial calculations, and advanced analytics to simulate evolving market conditions. These capabilities require virtually unlimited storage and computing power as well as powerful but user-friendly tools to facilitate artificial intelligence and machine learning. As a result, the cloud has become central to risk management, and leading GRC solution providers, including emerging regtech solutions, are choosing to run their applications on AWS.