Amazon Web Services launches Financial Services Competency to certify fintech firms

The Amazon Web Services (AWS) has announced the launch of its Financial Services Competency, which is designed to recognize the partners of AWS Partner Network (APN) who have specialized in the financial industry. The AWS certification is open to any partner company that focuses on fintech.

The AWS Financial Services partner ecosystem is made up of industry-leading consulting and technology partners with solutions for banking and payments, capital markets, and insurance, the release stated. The foundation members include Accenture, Infosys, Capgemini, Cognizant, Cloud Technology Partners, Wipro, among others.

“More than 10,000 new partners have joined the Amazon Partner Network in the past 12 months, offering customers an ever-expanding selection of software solutions hosted on, or integrated with, AWS,” the company stated.

The partners, in order to qualify for the Competency, must showcase expertise on AWS within the fintech industry. The partner firm has to undergo an AWS assessment of the security, performance, and reliability of its every solution.

The initial launch partners who have qualified for the Financial Services Competency include Calypso, Avoka, EIS Group, Corezoid, under the Core Systems category; FICO, FIS-Prophet and NICE Systems under the Risk Management category and IHS Markit under the Data Management category.