Global financial technology company FIS today announced the launch of FIS Enterprise Risk Suite on Amazon Web Services (AWS).

Enterprise Risk Suite on AWS resolves represents a fundamental shift in how clients deploy, scale and consume enterprise risk technology, by replacing the lengthy, disruptive upgrade cycles of legacy infrastructure with continuous, seamless delivery of the latest capabilities.

With Enterprise Risk Suite now available on AWS, FIS manages upgrades on behalf of its clients through a CI/CD model, meaning institutions always run the most current version of the software without needing to divert focus from risk management to infrastructure.

The platform’s microservice-based, cloud-native architecture enables clients to linearly scale their risk architecture in the cloud and run higher volumes of calculations with lossless performance, and through burst computing, clients can instantly acquire additional processing power for large calculations or peak workloads, without maintaining costly on-premise hardware.

Andrés Choussy, President of the Capital Markets at FIS, said:

“The move to a cloud-native architecture on AWS showcases our commitment to unlock financial technology across the money lifecycle, and removes the trade-off between staying current and staying operational. Our clients can now run the latest, most powerful version of Enterprise Risk Suite at all times, while scaling their risk infrastructure dynamically to meet whatever the market demands. This modern framework combined with comprehensive risk coverage enables smarter, faster and more capital-efficient risk management decisions that drive revenue growth.”

John Kain, Head of Financial Services Market Development, Amazon Web Services, said:

“Financial institutions need risk management infrastructure that keeps pace with market volatility without sacrificing operational continuity. By deploying Enterprise Risk Suite on AWS, FIS is delivering exactly that — a cloud-native platform that gives clients continuous access to the latest capabilities, elastic compute power for peak workloads, and the scalability to grow without the burden of legacy upgrade cycles. We’re proud to support FIS in transforming how the insurance industry manages risk.”