According to a company press release, Amazon Web Services (AWS) is introducing Amazon FinSpace to help the financial services industry (FSI) reduce the time it takes to analyze data.

Amazon FinSpace offers a specially developed analysis service that makes it easy to find, prepare and analyze financial information “from months to minutes”. By aggregating, cataloging and tagging data, FinSpace makes data searchable by version by anyone in an FSI organization.

“FSI organizations generate and buy huge amounts of data, but it is very difficult to use this data because of the time and effort involved in collecting and preparing data for analysis,” said Saman Michael Far, vice president of financial services technology, AWS. Far…



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