Digital Banking with VMware Cloud on AWS - Beinex

Design patterns for building a digital banking environment with VMware Cloud on AWS and AWS native services

AWS and VMware teamed together to produce the integrated cloud service known as VMware Cloud on AWS. By extending and transferring your on-premises VMware vSphere-based infrastructures to the AWS Cloud, which Amazon Elastic Compute Cloud powers, you can provide a highly scalable and secure service (Amazon EC2).

For all workloads based on vSphere, VMware Cloud on AWS is AWS's preferred offering. Enterprise-class SDDC software from VMware is brought to the AWS Cloud with optimised access to native AWS services by VMware Cloud on AWS. The compute, storage, and network virtualisation products from VMware (VMware vSphere, VMware vSAN, and VMware NSX), as well as VMware vCenter Server management, are integrated into VMware Cloud on AWS, which VMware Cloud Foundation powers and optimised to run on dedicated, elastic, bare-metal AWS infrastructure.

For all vSphere-based workloads, VMware prefers AWS as its public cloud partner. You may minimise the complexity and hazards of managing various environments by utilising VMware Cloud on AWS, which offers uniform and interoperable infrastructure and services between VMware-based data centres and the AWS cloud. Offering native access to AWS services and innovation, VMware Cloud on AWS increases the value of enterprise applications throughout their lifespan.

How does VMware Cloud on AWS transform the banking sector?

Digital client interaction and automation technologies are still making enormous strides in the banking sector, which has opened many prospects for the industry. The banks experienced significant time and cost reductions, which improved their capacity to handle new clients’ needs. The cost savings, productivity, resilience, and agility of the cloud were advantageous.

Banks may focus on business transformation rather than running on-premises data centres using VMware Cloud on AWS. The banks use the high throughput and low latency link between the VMware Cloud SDDC and AWS to innovate and optimise business processes. More than 200 native Amazon Web Capabilities (AWS) services, such as those for analytics, machine learning, artificial intelligence (AI), and the Internet of Things (IoT), may help them modernise the processes.

The partnership enables the banks to offer their clients cutting-edge services like conversational AI. They can use a proprietary casual AI system that uses automatic speech recognition and natural language comprehension to quickly handle client calls and runs on native AWS services.

Maintaining customer trust in banking is difficult, complex, and prone to losses. Banks can develop better client experiences employing VMware Cloud on AWS technology solution, which also increases operational effectiveness.

With VMware Cloud on AWS, rapid migration to the AWS cloud is possible even for:

  1. Core banking solutions (such as Fiserv)
  2. Corporate and retail banking solutions
  3. Hosted Independent Software Vendor (ISV) solutions
  4. Manage multiple SDDCs as a single logical entity-simplifying operation
AWS native service can be helpful to:
  1. Set up and govern your new, secure, multi-account AWS environment based on best practices established through AWS’ experience working with thousands of enterprises
  2. Account groups and organisational units (OUs) should be based on function or standard controls, starting with security and infrastructure
  3. Organise resources into accounts based on categories of service, such as (6a) networking or (6b) security tooling
  4. Transit Gateway provides high-bandwidth, simplified connectivity within the AWS estate or traffic flows where a resource within the SDDC is not one of the endpoints.
  5. Seamlessly integrate your VMware workloads with AWS analytics and machine learning services to start driving new insights and value from your data