BBVA uses AWS to build a new data platform

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As part of a new data platform that will serve as a secure repository for the Spanish bank’s operations and customer data, BBVA has chosen analytics and AI technology from Amazon Web Services.

The data platform will be created, managed, and secured using AWS Lake Formation and Amazon DataZone, ensuring data governance and compliance. According to the bank, the platform’s integration of data lakes and warehouses will give business units access to a unified view of their data as well as more effective processing, analysis, and insights.

In the meantime, Amazon SageMaker will enable more than a thousand data scientists at the BBVA AI Factory and other data-specialized units to build, train, and deploy machine learning models for any use case and to conduct more efficient data analysis.

Read More: BBVA taps AWS for new data platform

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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