Finance Recap: AWS re:Invent 2019 | Business Operations | Deloitte Netherlands

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Finance Recap: AWS re:Invent 2019 

Reimagining SME Banking with the Deloitte OpenDATA platform

With exclusive sponsorship of the financial services track and popular demo booths – Deloitte’s presence at AWS re:Invent 2019 was hard to miss. During the event, Deloitte explored Open Banking and shared how the OpenDATA platform enables traditional financial institutions to innovate and act like unicorns in this new Open Banking era.

re:Invent - the AWS event of the year

With over 65,000 attendees in person and millions more online, AWS re:Invent is Amazon Web Services prime event of the year. The global AWS conference was held the 2nd to 6th of December in Las Vegas. The event goes across all industries and showcases the newest, best and biggest in technology and cloud innovation. Deloitte were well represented at the event including key presentations showcasing world-class innovation being led by Dutch organizations. 

The Dutch presence was strong

Deloitte Netherlands was proud to present three sessions during the week based on the successful and impactful work done over the course of 2019. The three sessions drew hundreds of attendees and included showcasing two innovative client stories from Dutch banks. 

Reimagining SME Banking at Rabobank

Bart-Jan Schenkels, Consulting Partner, discussed and explored innovation in the Open Banking era. Today, banks face unprecedented challenges as customer needs evolve, regulations change, and fintech disrupts the market. The session detailed the innovation journey of a leading Dutch bank and how they have been able to build and launch winning products in an open banking world. The session also introduced Deloitte’s OpenDATA platform, powered by AWS, and explained how this end-to-end platform acts as a toolkit to kick-start rapid innovation and delivery through an integrated set of cloud services and accelerators. 

Our key take-aways from the Keynotes

There were some exciting announcements (& music) during this year’s keynotes. Some highlights were: 

  • AWS EC2 - nine new Amazon Elastic Compute Cloud (EC2) innovations e. new Arm-based instances (M6g, C6g, R6g)
  • AWS Quantum - these are AWS’s quantum computing services including the bracket managed service, research lab, and application office
  • AWS Nitro Enclaves-  this provides further isolation of hardware components e.g. the processor
  • AWS Wavelength - enables developers to build end user applications that use 5G
  • AWS Fargate for EKS - easily deploy, manage and scale Kubernetes running serverless on AWS
  • AWS Outposts - the AWS outposts are now available

Listen along to our re:Invent podcast here: Recap of re:Invent keynotes and announcements

What else was going on during re:Invent?

The Deloitte demo booth was busy all week in the Sands Expo Hall. The Deloitte Netherlands team led demo sessions and AWS partner network booth events throughout the week to share our experiences in cloud led transformations. There was plenty of Deloitte SWAG on offer and visitors were kept busy shooting hoops at the Deloitte basketball game.

The Deloitte team were also busy joining cutting edge training events on the latest and greatest AWS solutions. This included participating in hands on labs e.g. networking and containerizing and participating in various workshops learning about the new AWS technologies and how to apply them at scale. 

AWS + AWS amplified value

Deloitte and AWS bring a holistic approach to our clients' business transformations. Before we design and orchestrate innovative solutions that leverage AWS technologies, our first step is to understand what our clients are confronting along with the compliance, governance, data analytics, cyber risk, and regulatory issues that may be pertinent to not only meeting but exceeding expectations. 

Building on key events like re:Invent, Deloitte are excited to continue our winning alliance with AWS. 

Reimagine SME banking: OpenDATA-enabled innovation

More information

Do you want to know more about Cloud Transformation or Amazon Web Services? Please contact Bart-Jan Schenkels or David Ruis via the contact details below. 

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