Story image

Rackspace achieves AWS Financial Services Competency

30 May 2018

Rackspace has achieved Amazon Web Services (AWS) Financial Services Competency status.

This designation recognises Rackspace for its expertise in implementing solutions that help financial services organisations manage critical issues such as risk management, core systems implementations, data management, navigating compliance requirements, and establishing governance models.

Rackspace delivers transformation-as-a-service across applications, data, security and infrastructure.  

Achieving the AWS Financial Services Competency is an important step in Rackspace’s broader effort to support financial services organisations with their digital transformation.

According to the 2017 EY Fintech Adoption Index, 37% of Australia's digitally active population are using financial technology (FinTech) services, up from 13% in 2015.

While many traditional banking, insurance, investment firms and other financial services organisations are playing catch up with their cloud-native counterparts by moving to the cloud at an increasing rate, most lack the resources and expertise needed to navigate this digital transformation on their own.

Rackspace can serve as an advisor for financial institutions by providing support with security, compliance, workload optimisation, data management and analytics.

Achieving the AWS Financial Services Competency differentiates Rackspace as an AWS Partner Network (APN) member that has demonstrated relevant technical proficiency and proven customer success, delivering solutions on AWS.

To receive the designation, APN Partners must demonstrate deep AWS expertise and undergo an assessment of the security, performance, and reliability of their solutions.

“The Australian government is investing billions in pursuit of becoming a global FinTech hub, from the launch of the National Payment Platform (NPP) to the huge investment in open banking outlined in the recent Federal Budget,” says Rackspace A/NZ director Darryn McCoskery.

“This can’t be achieved unless organisations at the forefront of FinTech innovation invest in the right support to help them reach their digital transformation goals. By achieving AWS Financial Services Competency status, Rackspace has demonstrated its commitment to delivering the expertise and solutions necessary for organisations to drive innovation in the Financial Services space.”

Two Ministers’ thoughts on blockchain in Oz
Minister Karen Andrews, and Minister Simon Birmingham have released a joint statement on the national blockchain roadmap and extra $100,000 funding.
Apple launches revamped iPad Air & iPad mini
Apple loves tinkering with its existing product lines and coming up with new ways to make things more powerful – and both the iPad Air and iPad mini seem to be no exception.
IntegrationWorks continues expansion with new Brisbane office
The company’s new office space at the Riverside Centre overlooks the Brisbane River and Storey Bridge.
DXC subsidiary takes SAP energy industry partner award
Winners of the awards were selected from SAP’s A/NZpartner ecosystem and announced at the recent SAP A/NZ Partner Kick-Off Meeting held in Sydney.
Global server market maintains healthy growth in Q4 2018
New data from Gartner reveals that while there was growth in the market as a whole, some of the big vendors actually declined.
Emerging tech helps savvy SMB’s succeed
A CompTIA report shows SMBs are taking on the challenge of emerging technologies to reach their business goals.
Workflows should benefit people, not devices
It is important that, in digital transformation journeys, managers remember technology should complement, rather than overtake, employee talent and skillsets.
ForgeRock launches Sandbox-as-a-Service to facilitate compliance
The cloud-based testing environment for APIs enables banks to accelerate compliance with Open Banking and PSD2 deadlines.