Category: Financial Services

In this blog post we shall cover how understanding real-time payout performance, identifying customer behavior patterns across regions, and optimizing internal operations required more than traditional business intelligence and analytics tools. And how since implementing Amazon Redshift and Zero-ETL, MassPay has seen 90% reduction in data availability latency, payments data available for analytics 1.5x faster, leading to 45% reduction in time-to-insight and 37% fewer support tickets related to transaction visibility and payment inquiries.

In our previous post Backtesting index rebalancing arbitrage with Amazon EMR and Apache Iceberg, we showed how to use Apache Iceberg in the context of strategy backtesting. In this post, we focus on data management implementation options such as accessing data directly in Amazon Simple Storage Service (Amazon S3), using popular data formats like Parquet, or using open table formats like Iceberg. Our experiments are based on real-world historical full order book data, provided by our partner CryptoStruct, and compare the trade-offs between these choices, focusing on performance, cost, and quant developer productivity.

In this post, we highlight key lessons learned while helping a global financial services provider migrate their Apache Hadoop clusters to AWS and best practices that helped reduce their Amazon EMR, Amazon Elastic Compute Cloud (Amazon EC2), and Amazon Simple Storage Service (Amazon S3) costs by over 30% per month.

Capital Fund Management (CFM) is an alternative investment management company based in Paris with staff in New York City and London. CFM takes a scientific approach to finance, using quantitative and systematic techniques to develop the best investment strategies. In this post, we share how we built a well-governed and scalable data engineering platform using Amazon EMR for financial features generation.

This post is written in collaboration with Clarisa Tavolieri, Austin Rappeport and Samantha Gignac from Zurich Insurance Group. The growth in volume and number of logging sources has been increasing exponentially over the last few years, and will continue to increase in the coming years. As a result, customers across all industries are facing multiple […]

This post is co-written with Toney Thomas and Ben Vengerovsky from Bluestone. In the ever-evolving world of finance and lending, the need for real-time, reliable, and centralized data has become paramount. Bluestone, a leading financial institution, embarked on a transformative journey to modernize its data infrastructure and transition to a data-driven organization. In this post, […]

Towards the end of 2022, AWS announced the general availability of real-time streaming ingestion to Amazon Redshift for Amazon Kinesis Data Streams and Amazon Managed Streaming for Apache Kafka (Amazon MSK), eliminating the need to stage streaming data in Amazon Simple Storage Service (Amazon S3) before ingesting it into Amazon Redshift. Streaming ingestion from Amazon […]

Financial services customers are using data from different sources that originate at different frequencies, which includes real time, batch, and archived datasets. Additionally, they need streaming architectures to handle growing trade volumes, market volatility, and regulatory demands. The following are some of the key business use cases that highlight this need: Trade reporting – Since […]

This post is cowritten with Pramod Nayak, LakshmiKanth Mannem and Vivek Aggarwal from the Low Latency Group of LSEG. Transaction cost analysis (TCA) is widely used by traders, portfolio managers, and brokers for pre-trade and post-trade analysis, and helps them measure and optimize transaction costs and the effectiveness of their trading strategies. In this post, […]

Data sharing is becoming an important element of an enterprise data strategy. AWS services like AWS Data Exchange provide an avenue for companies to share or monetize their value-added data with other companies. Some organizations would like to have a data sharing platform where they can establish a collaborative and strategic approach to exchange data […]