WHY CONTEMI SOLUTIONS & AWS COLLABORATION?

The financial services industry’s top motivations for modernising their IT infrastructure are to gain greater control of IT resource usage (59%), speed (58%) and flexibility (55%) to meet business requirements, according to a report.

The collaboration between Contemi and AWS is a perfect match to meet these motivations and stride through the path of digital innovations in financial services. Our 25+ years of experience of delivering value to financial services companies across the world, combined with unparalleled cloud capabilities of AWS, helps us build modern, cloud-based, Software as a Service (SaaS) solutions.

It enables us to provide our customers - across insurance, wealth management, capital markets, banking and more, with the cost-saving, agility, speed, and performance they need to boost their business and scale up at rates previously unimaginable in the ever-evolving digital world.

Amazon Web Services as part of Contemi IT architecture

We leverage AWS for workloads like Elastic Kubernetes Service (EKS), Elasticsearch service, Elastic Container Service (ECS), Route 53, Cognito, API Gateway, Aurora Serverless, ElasticCache, Document DB, Amazon SNS, Amazon SQS, and Amazon CloudWatch.

We use AWS Transfer Family to transfer client data into and out of AWS and Simple Email Service (SES) for sending emails and Elastic File System (EFS) and S3 for storage. The AWS backup is used for backing up across the services we use.

The deployment of these workloads has been very seamless and has zero downtime.

Our Insurance, Wealth Management and Post Trade Processing Software Platforms are powered by AWS high performance infrastructure.

Our Differentiator Solutions

• Seamless: We offer a cloud-native, Insurance Software as a Service (SaaS) platform ‘Seamless’. Delivered as a service though AWS, it is built around holistic customer management and multichannel sales. Its microservices architecture enables optimal fit for insurers, brokers, and MGAs specific needs.
• Wealth Intelligence (WIN) - Wealth management companies are under constant pressure from customers demanding superior and instant services, as well as ever-evolving requirements from the regulatory bodies.
  Our cloud based, Wealth Intelligence (WIN) platform provides wealth management firms with increased network dependability, availability of modular applications, and increased data confidentiality and protection, while reducing general IT responsibilities and the up-front infrastructure expenses and any scalability concerns.
• Nova: Complex IT infrastructures remain a challenge for capital markets participants that can stand in the way of innovation. Contemi’s cloud-based post trade processing platform, Nova efficiently automates end-to-end workflows in post trade and reduces complexity across the board. It provides scalability and flexibility in post trade processes and facilitate faster time-to-market for new products and further improve customer service.

Contemi on AWS Success Stories

A leading Nordic Managing General Agent (MGA), House of Guarantees (HOGS), called on Contemi Solutions to help the company distinguish itself from its competition by including the latest digital technologies in its Guarantee Management offering. Contemi helped migrate HOGS to the AWS cloud, transitioning the customer's digital applications to the AWS cloud operating model, complete with security and governance, and without any disruption to the business.

As a result, the company became fully digitalised and are seeing big improvements in performance, operational costs and speed to market. With the new system they are saving nearly 70-man hours per month, reduced time to market by 40% and by 90% for SMB. Read more here!

About Amazon Web Services

For 14 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud platform. AWS offers over 175 fully featured services for compute, storage, databases, networking, analytics, robotics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 77 Availability Zones (AZs) within 24 geographic regions, with announced plans for 18 more Availability Zones and six more AWS Regions in Australia, India, Indonesia, Japan, Spain, and Switzerland. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.

In 2006, Amazon Web Services (AWS) began offering IT infrastructure services to businesses in the form of web services – now commonly known as cloud computing. One of the key benefits of cloud computing is the opportunity to replace up-front capital infrastructure expenses with low variable costs that scale with your business. With the Cloud, businesses no longer need to plan for and procure servers and other IT infrastructure weeks or months in advance. Instead, they can instantly spin up hundreds or thousands of servers in minutes and deliver results faster. Today, Amazon Web Services provides a highly reliable, scalable, low-cost infrastructure platform in the cloud that powers hundreds of thousands of businesses in 190 countries around the world. With data center locations in the U.S., Europe, Brazil, Singapore, Japan, and Australia, customers across all industries are taking advantage of its benefits.