Elastic achieves fourth AWS Competency — this time in Financial Services

We’re delighted to announce that Elastic has achieved the AWS Financial Services Competency. This distinction is given by AWS to partners with comprehensive cloud solutions that help financial sector companies realize gains in business efficiency, productivity, and innovation.

Elastic earned this achievement after undergoing a thorough validation process, which included a detailed technical audit of Elastic’s financial services capabilities and a review of customer case studies.

Financial services organizations are experiencing tremendous growth in data volume, both within and outside their organizations. This poses key challenges and considerations, such as how to store, access, integrate, analyze, and secure this surge of data — especially as the world of payments, banking, capital markets, and insurance grows. 

This wealth of data creates strategic opportunities to provide customers with tailored client service, better product and service recommendations, and real-time insights. However, it can also significantly expose organizations if bad actors gain access to this data.

Many organizations are on a digital transformation journey to provide increased value to end users. AWS Competency Partners have validated expertise and technical capabilities to help organizations succeed at each stage of their cloud adoption journey.

By attaining the Financial Services Competency, Elastic has demonstrated its ability to deliver best-in-class solutions on AWS that can help companies build next-generation search experiences. It attests Elastic’s deep technical knowledge and proven customer success in aiding financial sector companies to drive innovation and unlock greater business value.

Competency benefits to financial companies include:

• Trusted expertise: Elastic possesses the technical capabilities and industry experience to handle complex financial customer needs.

• Accelerated innovation: Elastic can help global financial firms quickly innovate by leveraging advanced technologies like AI, machine learning, and security and data analytics.

• Regulatory compliance: Elastic understands the regulatory landscape and offers solutions that comply with regional and global financial regulations, reducing the burden on financial services companies to maintain compliance.

• Scalability and security: Elastic provides secure, scalable solutions that can grow with customer needs while maintaining the highest security standards — critical in the financial industry.

Leading financial institutions and providers around the world, including Personal Capital, Discover, and Karbon have benefited from running Elastic on their AWS environments — and you can, too.

Ready to build? Start a 7-day free trial via AWS Marketplace, and create your own generative AI apps. Need some inspiration? Check out the synergies of Elastic on AWS.

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