About three years ago the Financial Industry Regulatory Authority (FINRA) began plotting a migration to Amazon’s cloud. Most companies when they do so target low-hanging fruit: Applications that can be relatively easily lifted and shifted to the cloud.
Not FINRA. “We started with the migration of our most critical systems to AWS,” explains Steve Randich, executive vice president and CIO of FINRA, and a former CIO of the NASDAQ stock exchange and Citibank. “We moved our most mission critical, data-intensive services first.” Randich called them FINRA’s “crown jewels.”
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Financial regulators use AWS’s cloud to analyze 75 billion trades daily
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