Hyderabad: Technology-driven financial services firm KFin Technologies (KFintech) said it is driving digital transformation and innovation in the financial services industry with Amazon Web Services (AWS).
KFintech is leveraging AWS to help the asset management industry digitally transform and build new products, including interactive dashboards. These dashboards use AWS machine learning to automatically look for investment patterns such as investor age and income, and identify new revenue streams.
Leveraging the depth and breadth of AWS capabilities, KFintech helps its clients digitally transform, providing the best business, program, and portfolio strategies to build the next generation of solutions in the capital market.
For example, KFintech has built a cloud solution serving initial public offering (IPO) information to investors across India, easily handling more than 100,000 investor requests for IPO information per second.
“With AWS, we can accelerate digital innovation in every part of our business, building transformative technology to serve our clients and communities and provide them the best experience. Having worked with AWS for many years, I am confident that we will provide more business solutions driven by data and cloud that solve meaningful customer challenges,” said Sreekanth Nadella, MD and CEO of KFintech.
“KFintech leverages AWS to provide business and technology consulting services to its customers, helping them accelerate their cloud journeys. AWS’s breadth and depth of cloud services helps KFintech develop new capital market offerings, which support the digital transformation efforts of financial services organisations across India,” said Puneet Chandok, President of Commercial Business, AWS India and South Asia (Amazon Web Services India Pvt. Ltd).
KFintech is listed on the National Stock Exchange (NSE) of India Limited and BSE Limited. The company is majority owned by funds managed by General Atlantic Singapore Pte. Ltd., a leading global private equity investor, is also its promoter.