{"id":7516,"date":"2021-06-17T16:07:54","date_gmt":"2021-06-17T15:07:54","guid":{"rendered":"https:\/\/www.intelligentcio.com\/north-america\/?p=7516"},"modified":"2021-06-23T11:12:35","modified_gmt":"2021-06-23T10:12:35","slug":"bmo-financial-group-selects-aws-as-its-preferred-cloud-provider","status":"publish","type":"post","link":"https:\/\/www.intelligentcio.com\/north-america\/2021\/06\/17\/bmo-financial-group-selects-aws-as-its-preferred-cloud-provider\/","title":{"rendered":"BMO Financial Group selects AWS as its preferred cloud provider"},"content":{"rendered":"\n<p><strong><em>BMO Financial Group, one of Canada\u2019s largest financial institutions, is leveraging AWS to modernize its banking platforms and power its Digital Transformation into a cloud-first organization.<\/em><\/strong><\/p>\n\n\n\n<p>Amazon Web Services&nbsp;(AWS) has announced that&nbsp;BMO Financial Group&nbsp;(BMO) has selected AWS as its preferred, strategic cloud provider.<\/p>\n\n\n\n<p>BMO will use AWS to modernize its banking platforms and build digital financial services applications as part of the company\u2019s on-going Digital Transformation. Using AWS\u2019s extensive portfolio of cloud capabilities, including analytics, Machine Learning, serverless, compute, storage and database, BMO will develop and scale digital platforms and services for its global customers, meeting and strengthening stringent security and compliance standards.<\/p>\n\n\n\n<p>In addition, BMO will launch a comprehensive, hands-on cloud skills training program for its non-technical and IT employees.<\/p>\n\n\n\n<p>With over 12 million customers and&nbsp;US$950 billion&nbsp;in assets, BMO is the eighth-largest bank in&nbsp;North America. The financial services company chose AWS for its comprehensive set of cloud technologies and proven reliability and operational experience, which will help the bank streamline its internal business processes, extract insights from decades of financial transaction data, and deliver secure applications and services to customers.<\/p>\n\n\n\n<p>BMO is moving strategic workloads to AWS that support its retail and commercial banking, investment banking and wealth management operations. The bank is also migrating its online and mobile banking applications to AWS to innovate faster and set up an operating model that will enable broad and rapid cloud adoption; this includes creating a consolidated data lake, adopting serverless architecture, and deploying advanced capabilities like high-performance computing and Machine Learning.<\/p>\n\n\n\n<p>As part of its move to personalize services, the bank is using&nbsp;Amazon&nbsp;Connect (AWS\u2019s easy-to-use, scalable cloud contact center) to provide a seamless and more customer-centric experience for its call center, as well as to support remote working capabilities for employees.<\/p>\n\n\n\n<p>\u201cWe continue to make bold moves at BMO to accelerate our Digital Transformation. AWS\u2019s proven experience in the financial services industry is helping us advance our long-term strategy and deliver on our mission to innovate relentlessly on behalf of our customers,\u201d said&nbsp;Steve Tennyson, Chief Technology and Operations Officer,&nbsp;BMO Financial Group.<\/p>\n\n\n\n<p>\u201cAWS gives us the reliable global infrastructure we need to rapidly scale our business, as well as the comprehensive set of cloud capabilities to move faster and expand the use of analytics, Machine Learning and high-performance computing across our entire operation.\u201d<\/p>\n\n\n\n<p>Matt Garman, Senior Vice President of Sales and Marketing at&nbsp;AWS, said: \u201cBMO is reimagining banking and financial services, and embracing a cloud-first strategy that will help the company continuously develop new services for its customers.<\/p>\n\n\n\n<p>\u201cBy selecting AWS as its preferred cloud provider, BMO can rely on AWS\u2019s scale, performance, and unparalleled portfolio of capabilities to drive innovation across its entire business to continue to differentiate its offerings and remain a leader in financial services.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BMO Financial Group, one of Canada\u2019s largest financial institutions, is leveraging AWS to modernize its banking platforms and power its Digital Transformation into a cloud-first organization. Amazon Web Services&nbsp;(AWS) has announced that&nbsp;BMO Financial Group&nbsp;(BMO) has selected AWS as its preferred, strategic cloud provider. BMO will use AWS to modernize its banking platforms and build digital [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":7517,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5,51,9,11,513,43,514],"tags":[243,859,2104,2105,139,194],"class_list":["post-7516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-finance","category-canada","category-case-studies","category-cloud","category-regional-news-newsletter","category-top-stories","category-used","tag-aws","tag-banking","tag-bmo","tag-bmo-financial-group","tag-canada","tag-cloud"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/posts\/7516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/comments?post=7516"}],"version-history":[{"count":4,"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/posts\/7516\/revisions"}],"predecessor-version":[{"id":7686,"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/posts\/7516\/revisions\/7686"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/media\/7517"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/media?parent=7516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/categories?post=7516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/north-america\/wp-json\/wp\/v2\/tags?post=7516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}