Cloud technology drivesinnovation in the financial industry

Cloud technology drives innovation in the financial industry.

In the face of technological advances, the change in the ways of interacting and the growing need for increasingly personalized customer experiences, the financial services industry faces the challenge of digitalization.

One of the key points in the digital transformation that will allow financial institutions to continue boosting their business lies in the proper management of the information they collect and this, of course, derived from a strategy designed according to their specific needs.

Adapting to change

Beyond the digitization of their processes and services, the financial institutions that will obtain the best results will be those that achieve a true business transformation that impacts the organizational culture, as well as their products and the way in which their services are more accessible and innovative.

That’s right: innovate to meet the needs of the market.

And, in that sense, legacy systems are not exactly the best option due to their monolithic and inflexible nature that makes them less and less efficient and more expensive.

Cloud Powers Innovation

Unlike traditional on-premise data centers, the cloud allows it to be scalable, have high availability and security, to which is added the ability to incorporate technologies such as Artificial Intelligence, Machine Learning or Internet of Things (IoT) in its digital offer.

This evolution leads financial institutions towards the visualization and predictive analysis of data, leading them to make better decisions that also give them the ability to interconnect information and processes to generate new solutions.

In short: to be Data Driven.

Analytics + Agility

The Amazon Web Services (AWS) platform that Itera puts at the service of financial institutions allows them to create innovative cloud solutions according to the specific requirements of each organization, providing them with data analytics capabilities to obtain information that is useful for the business.

To that end, Itera works with data warehouses using Amazon Redshift; consolidating the design and creation of data lakes with S3 Lake Formation; making it easy to extract, transform, and load data using Amazon Glue; enabling database replication using Amazon Relational Database Service (Amazon RDS); and simplifying both building and visualizing analytic dashboards with Amazon QuickSight.

These are just some of the services we have for your company that will help you transform your traditional data centers into a cloud infrastructure that generates efficiency, flexibility and improvement in time-to-market, as it allows you to develop products with greater agility.

As an AWS Advanced Partner in Ibero-America, at Itera we promote innovation and competitiveness through the support of our specialists with a loud-centric approach, guaranteeing the construction of tailor-made solutions that meet the business needs of financial institutions.

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