ATLANTA, June 27, 2019 – Xtensifi, a digital consulting firm that enables financial institutions to create and execute their mobile and online strategies, announced it has become an AWS Partner Network (APN) Standard Partner with Amazon Web Services (AWS), a cloud computing service provider. APN is the global partner program for AWS. It is focused on helping APN Partners build successful AWS-based businesses or solutions by providing business, technical, marketing, and go-to-market support. Being part of this network is significant for Xtensifi because it
The news that TD Bank Group will migrate its technology platforms to the cloud — in a similar vein to what Capital One Financial did earlier this year, but using a more gradual approach — may have come as a surprise to some. As American Banker editor at large Penny Crossman pointed out: at one time financial institutions thought their data and their customers’ data was too sacrosanct to ever store in a public cloud. It was no surprise here.
Like many companies, your business may be migrating to the cloud, building new systems or solutions in the cloud, or both. Businesses are moving to cloud computing because it’s economical, scalable, fast, and advanced—with more and better features than conventional technology. With cloud computing, companies can avoid extensive integration and maintenance efforts, because cloud services offer nearly everything you need in a single platform. Cloud-certified professionals Whether you’re designing a new, cloud-based system or solution or moving an existing application to the cloud, you’ll likely need the help of IT
As Amazon Web Services (AWS) and other cloud service providers continue to gain ground, many banks are moving their fintech applications to the cloud. They have sound reasons for doing so, as cloud computing saves costs, boosts efficiency, and offers layered security approaches as well as automated deployment models. Moreover, the barriers to entry are lower than ever before. Lower-cost, more efficient Cloud computing is less expensive and more efficient than traditional computing in a number of ways. With cloud services, organizations only pay for what they use; they
Fintechs are increasingly finding Amazon Web Services (AWS) to be the perfect vehicle for setting up and going to market quickly and cheaply. AWS provides a fintech everything it needs—networking, multiple layers and segments, and automation capabilities for environment creation, code promotion and other processes—to move from development and testing to staging and production. With automation, this four-layer stack can be created in a matter of minutes with AWS. The fintech has to develop scripts for automation, but once that
As cloud hosting matures and becomes mainstream, many banks are putting aside their early concerns about regulation and security as they realize that cloud hosting can save them significant costs. Banks have discovered how quick and inexpensive it is to set up the necessary architecture for cloud hosting; when it used to take a month to obtain an IP address, now an entire architecture can be set up in a day. Moreover, development operations (DevOps) — the collaborative efforts of developers