#Japan #Financial Services #AWS Cloud #Chiyoda #Finatext

Finatext Unveils AWS-Based Financial Cloud Solution

Finatext, a leading player in the fintech sector, specializes in creating next-gen financial infrastructure that supports embedded finance. Recently, they launched the Finatext Financial Cloud, an infrastructure solution specifically designed for the banking industry utilizing AWS technology. This strategic offering aims to facilitate the digital transformation of financial institutions by tailoring secure AWS environments to meet diverse requirements effectively.

Background: The Growing Need for Cloud Solutions in Finance

As the financial industry continues to evolve, increasing IT resilience and agile strategies have become essential. The integration of cloud services is no longer optional but a necessity for financial institutions. Regulatory changes, exemplified by the updates to the FISC security standards, have further underscored the urgency of developing cloud capabilities within this sector. However, financial institutions face stringent regulations regarding customer information protection and system stability, necessitating the development of flexible cloud systems that simultaneously adhere to these requirements.

Finatext operates across various domains, including securities, insurance, and lending services, with a significant portion of their systems hosted on AWS. Currently, they manage over 200 AWS accounts across their group. By capitalizing on AWS managed services, Finatext has been able to implement effective cloud security measures, enabling agile system development while alleviating the operational burdens typically encountered by financial institutions. To date, they have successfully supported 37 organizations, including major banks, in establishing their cloud systems and are driven to assist others in focusing on creating added value through their core business.

Overview of the ‘Finatext Financial Cloud’ Solution

The Finatext Financial Cloud is built upon AWS to meet the unique demands of financial institutions, balancing both secure infrastructure and agility. This service operates under a PaaS + MSP model, wherein Finatext not only provides the platform but also a managed service model that delivers ongoing support to clients.

Key Features

• - Dedicated Secure Cloud Environment: Tailored AWS environments that prioritize security while ensuring flexibility.
• - Robust Cyber Resilience: A strong emphasis on maintaining a resilient cyber environment.
• - Comprehensive Support: Assistance from design and build phases through to operational maintenance.
• - Cost-Effective and Flexible Solutions: Services are offered at reasonable prices, ensuring adaptability to various client needs.

Contact Information

For inquiries regarding this service, interested parties can reach out through the contact form available on Finatext's website: Contact Finatext.

Conclusion

Finatext is committed to redefining financial services through innovation and collaboration. By launching the Finatext Financial Cloud, they aim to propel the digital transformation of the financial sector, ensuring that institutions can thrive in a rapidly changing landscape. This initiative not only provides state-of-the-art cloud solutions but also supports the broader vision of embedding finance into everyday life through advanced technological solutions.

About Finatext Group

The Finatext Group operates under the mission of reimagining finance as a service. The group includes various companies, such as Finatext, which focuses on fintech shifts and infrastructure development, Nowcast for alternative data analysis, SmartPlus for securities platforms, and SmartPlus Small Amount Short-Term Insurance for next-gen digital insurance solutions. Together, they aspire to create a world where finance closely aligns with everyday life, championing a customer-centric view of financial services.

Corporate Information

• - Company Name: Finatext Holdings, Inc.
• - CEO: Ryota Hayashi
• - Listing: TSE Growth Market, Stock Code 4419
• - Founded: December 2013
• - Address: 9F, Sumitomo Realty & Development Kudanshita Building, 1-8-10 Kudankita, Chiyoda, Tokyo
• - Website: Finatext Official Site

About Finatext, Inc.

Finatext, Inc. plays a pivotal role within the Finatext Group, delivering fintech infrastructure and insurance solutions aiming at promoting embedded finance through next-generation systems. They have been involved in creating innovative financial services that enhance user experience. Some notable projects include the Money Canvas platform for MUFG Bank and a smartphone-compatible product for Mitsui Sumitomo Insurance.

• - Company Name: Finatext, Inc.
• - CEO: Akane Kinoshita
• - Founded: December 2018
• - Address: 9F, Sumitomo Realty & Development Kudanshita Building, 1-8-10 Kudankita, Chiyoda, Tokyo
• - Website: Finatext Business