As part of the company’s cloud-first strategy, Experian will shift its core business operations, analytics tools, consumer-services products, and on-premises servers to AWS
Experian to shift core business operations, analytics tools, consumer-services products, and on-premises servers to AWS. (Credit: Ajay Suresh from New York, NY, USA/Wikimedia Commons)
Amazon Web Services (AWS) announced that Ireland-based information services and credit reporting bureau Experian has selected it as a preferred cloud provider.
With AWS, Experian is expected to drive its multi-year information technology (IT) modernisation initiative.
As part of the company’s cloud-first strategy, the Irish firm will shift its core business operations, analytics tools, consumer-services products, and on-premises servers to AWS.
By centralising the key technology platforms on AWS, the company is expected to boost its IT security and reliability along with reducing operating costs and improving time to market for new offerings.
The Irish company also seeks to extend the usage of AWS’ range of cloud services to develop personalised programmes.
Besides, it is expected to offer real-time financial services to clients and business customers.
Experian global technology group president Joe Manna said: “Our digital transformation strategy is accelerating our ability to make advanced data-driven decisions as we develop new and enhanced products that help our customers make smarter, more informed financial decisions.
“AWS provides the technology foundation and ever-expanding set of capabilities that will help us achieve our goals of giving customers complete visibility into their financial health and fostering financial inclusivity.”
According to AWS, it will help Experian expedite the rollout of new financial services products for businesses and customers by providing a robust and secure IT infrastructure.
Besides, Experian will continue to make use of the most advanced services and deploy machine learning and analytics across its large amount of data, said the Amazon company.
The Irish firm is expected to gain the capability to discover trends and insights to support the quick development of new services to address client expectations.
AWS worldwide financial services business development managing director Scott Mullins said: “AWS is powering Experian’s services to help consumers and businesses around the world make smarter credit decisions while safeguarding their data with the most stringent security standards.
“By running its largest divisions on AWS, Experian can expand its service offerings, empowering businesses and financially underserved consumers to build, improve, and take control of their financial future.
“AWS will also help Experian integrate data across its business, providing new and faster insights and predictions that will allow businesses and consumers to improve their financial health and save money.”