{"id":389236,"date":"2020-11-30T03:04:24","date_gmt":"2020-11-30T08:04:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=389236"},"modified":"2020-11-30T03:04:24","modified_gmt":"2020-11-30T08:04:24","slug":"itau-unibanco-selects-aws-as-its-long-term-strategic-cloud-provider-to-accelerate-digital-transformation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/itau-unibanco-selects-aws-as-its-long-term-strategic-cloud-provider-to-accelerate-digital-transformation\/","title":{"rendered":"Ita\u00fa Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation"},"content":{"rendered":"

<\/p>\n

Ita\u00fa Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation <\/b><\/p>\n

Latin America’s largest bank leverages the breadth and depth of AWS to increase agility and efficiency, enhance its security posture, and accelerate delivery of customer-centric financial services <\/i><\/p>\n

Ita\u00fa Unibanco will train thousands of employees in advanced cloud skills to empower innovation throughout its lines of business, including Rede, one of the largest electronic payments providers in Brazil<\/i><\/p>\n

SEATTLE–(BUSINESS WIRE<\/a>)–
\nToday, Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced that Ita\u00fa Unibanco Holding (NYSE: ITUB), Latin America\u2019s largest bank, has selected AWS as its long-term strategic cloud provider. Ita\u00fa Unibanco will leverage the world\u2019s leading cloud to accelerate its digital transformation and enhance the banking experience for its 56 million customers around the world. As part of the 10 year deal, which expands on the bank\u2019s existing relationship with AWS, Ita\u00fa Unibanco will move the majority of its IT infrastructure off mainframes and out of its on-premises data centers to the cloud. Ita\u00fa Unibanco will also migrate its core banking platforms, call center solutions, online, and mobile banking applications to AWS, creating a more flexible and efficient technology architecture that will help the bank to introduce new customer-facing services faster with lower operating costs. In addition, the bank will leverage AWS\u2019s proven infrastructure and breadth and depth of services, including capabilities for analytics, machine learning, serverless, containers, managed database, compute, storage, and security, to gain agility and insights, helping it pursue new lines of business, develop new applications, and ensure security and regulatory compliance. The bank also plans to upskill thousands of its employees, expanding on the 1,300 professionals the company has already trained in advanced cloud technologies, to put new customer service ideas into development faster.\n<\/p>\n

\nIta\u00fa Unibanco is expanding its use of AWS\u2019s comprehensive portfolio of capabilities across its banking, credit cards, and insurance lines of business, as well as throughout its subsidiaries, such as Rede, one of the largest electronic payment solution providers in Brazil. The bank leverages Amazon Elastic Compute Cloud (Amazon EC2) to provide secure, scalable compute capacity for Pix<\/a>, Brazil\u2019s first nationwide digital instant payment platform that helps reduce reliance on cash and credit card-based transactions. Similarly, Ita\u00fa Unibanco uses Amazon Elastic Container Service (Amazon ECS) and AWS Lambda (AWS\u2019s serverless computing service), to quickly launch and scale new financial services offerings, including iti<\/a>, the bank\u2019s free digital account platform that allows users to scan QR codes to easily and securely pay for products and services and transfer funds. By modernizing Credicard, one of Brazil’s largest credit card platforms, on AWS Ita\u00fa Unibanco can create a digital payment and banking platform that can easily incorporate new features to meet evolving customer needs. Looking ahead, Ita\u00fa will migrate off legacy databases to AWS\u2019s cloud-native databases, such as Amazon Aurora (AWS\u2019s relational database) and Amazon DynamoDB (AWS\u2019s key-value database that delivers single-digit millisecond performance at any scale with built-in encryption and data recovery) to quickly, reliably, and securely process financial transactions and build new applications that feature microservices architectures to support scalability and simplify updates.\n<\/p>\n

\nIta\u00fa Unibanco is also leveraging AWS analytics and machine learning technologies to gain deeper insights into its customers\u2019 banking needs and deliver more personalized experiences. For instance, the bank is using Amazon SageMaker (AWS\u2019s service that enables data scientists and developers to build, train, and deploy machine learning models quickly) to identify patterns in individual customer\u2019s banking habits and then use that information to help the bank\u2019s customer service chatbots proactively offer assistance and deliver faster and more precise answers to customer questions. Ita\u00fa Unibanco is creating a company-wide machine learning platform on AWS to further expand innovation, automate workflows, and generate predictive insights.\n<\/p>\n

\n\u201cBanking is all about delivering value to customers and AWS helps us improve the time to value in every aspect of our business while expanding the benefits of digital payments to our customers. We are pursuing a complete digital transformation on AWS, moving off legacy mainframe technology, and using its portfolio of services to gain insights and agility that will make us even more responsive to our customers\u2019 needs. At the same time, we\u2019re investing in our employees, training them in the most advanced cloud technologies so that they can continuously innovate on behalf of the individuals and businesses we serve,\u201d said Candido Bracher, CEO of Ita\u00fa Unibanco. \u201cWe chose AWS because of its breadth of capabilities, high levels of security, global infrastructure, and strong financial services experience. We see AWS as a strategic collaborator, and we look forward to aggressively expanding our footprint in the cloud to help our customers\u2019 financial dreams come true.\u201d\n<\/p>\n

\n\u201cAWS is helping Ita\u00fa Unibanco deliver the transformative benefits of online banking and digital payments to its customers in Latin America and around the globe. By migrating its core applications to the world\u2019s leading cloud, Ita\u00fa Unibanco can rely on the proven performance, scale, and unparalleled portfolio of capabilities of AWS to complete its transformation into an agile, more customer-centric business,\u201d said Andy Jassy, CEO of Amazon Web Services, Inc. \u201cFinancial institutions rely on AWS for our secure, resilient global cloud infrastructure and services, industry expertise, and expansive network of partners. We continuously innovate so that AWS customers like Ita\u00fa Unibanco have the best resources to grow their businesses and meet rapidly changing customer behaviors and expectations.\u201d\n<\/p>\n

About Amazon Web Services<\/strong><\/p>\n

\nFor 14 years, Amazon Web Services has been the world\u2019s most comprehensive and broadly adopted cloud platform. AWS offers over 175 fully featured services for compute, storage, databases, networking, analytics, robotics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 77 Availability Zones (AZs) within 24 geographic regions, with announced plans for 15 more Availability Zones and five more AWS Regions in India, Indonesia, Japan, Spain, and Switzerland. Millions of customers\u2014including the fastest-growing startups, largest enterprises, and leading government agencies\u2014trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com<\/a>.\n<\/p>\n

About Amazon<\/strong><\/p>\n

\nAmazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com\/about<\/a> and follow @AmazonNews<\/a>.\n<\/p>\n

About Ita\u00fa Unibanco<\/b><\/p>\n

\nIta\u00fa Unibanco\u2019s purpose is to promote people\u2019s power of transformation and we do it through a strategic agenda focused on client centricity and digital transformation, based also on the diversity of our people. The largest bank in Latin America, Ita\u00fa Unibanco is present in 18 countries and has more than 56 million customers, among individuals and companies in all segments, to whom we offer the best experiences in financial products and services. Ita\u00fa Unibanco has been selected for the 21st consecutive time to be part of the Dow Jones Sustainability World Index (DJSI World), being the only Latin American financial institution to be part of the index since its creation in 1999.\n<\/p>\n

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View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201130005192\/en\/<\/a><\/span><\/p>\n

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KEYWORDS:<\/b> United States South America North America Brazil Washington<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Software Mobile\/Wireless Professional Services Online Retail Internet Data Management Technology Retail Public Relations\/Investor Relations Communications Finance Consulting<\/p>\n

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Ita\u00fa Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation Latin America’s largest bank leverages the breadth and depth of AWS to increase agility and efficiency, enhance its security posture, and accelerate delivery of customer-centric financial services Ita\u00fa Unibanco will train thousands of employees in advanced cloud skills to empower innovation throughout its lines of business, including Rede, one of the largest electronic payments providers in Brazil SEATTLE–(BUSINESS WIRE)– Today, Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced that Ita\u00fa Unibanco Holding (NYSE: ITUB), Latin America\u2019s largest bank, has selected AWS as its long-term strategic cloud provider. Ita\u00fa Unibanco will leverage the world\u2019s leading cloud to accelerate its digital transformation and enhance the … <\/p>\n

Continue reading “Ita\u00fa Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-389236","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nIta\u00fa Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/itau-unibanco-selects-aws-as-its-long-term-strategic-cloud-provider-to-accelerate-digital-transformation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ita\u00fa Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Ita\u00fa Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation Latin America’s largest bank leverages the breadth and depth of AWS to increase agility and efficiency, enhance its security posture, and accelerate delivery of customer-centric financial services Ita\u00fa Unibanco will train thousands of employees in advanced cloud skills to empower innovation throughout its lines of business, including Rede, one of the largest electronic payments providers in Brazil SEATTLE–(BUSINESS WIRE)– Today, Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced that Ita\u00fa Unibanco Holding (NYSE: ITUB), Latin America\u2019s largest bank, has selected AWS as its long-term strategic cloud provider. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/itau-unibanco-selects-aws-as-its-long-term-strategic-cloud-provider-to-accelerate-digital-transformation\/","og_locale":"en_US","og_type":"article","og_title":"Ita\u00fa Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation - Market Newsdesk","og_description":"Ita\u00fa Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation Latin America’s largest bank leverages the breadth and depth of AWS to increase agility and efficiency, enhance its security posture, and accelerate delivery of customer-centric financial services Ita\u00fa Unibanco will train thousands of employees in advanced cloud skills to empower innovation throughout its lines of business, including Rede, one of the largest electronic payments providers in Brazil SEATTLE–(BUSINESS WIRE)– Today, Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced that Ita\u00fa Unibanco Holding (NYSE: ITUB), Latin America\u2019s largest bank, has selected AWS as its long-term strategic cloud provider. Ita\u00fa Unibanco will leverage the world\u2019s leading cloud to accelerate its digital transformation and enhance the … Continue reading \"Ita\u00fa Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/itau-unibanco-selects-aws-as-its-long-term-strategic-cloud-provider-to-accelerate-digital-transformation\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-30T08:04:24+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201130005192r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/itau-unibanco-selects-aws-as-its-long-term-strategic-cloud-provider-to-accelerate-digital-transformation\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/itau-unibanco-selects-aws-as-its-long-term-strategic-cloud-provider-to-accelerate-digital-transformation\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Ita\u00fa Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation","datePublished":"2020-11-30T08:04:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/itau-unibanco-selects-aws-as-its-long-term-strategic-cloud-provider-to-accelerate-digital-transformation\/"},"wordCount":1282,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/itau-unibanco-selects-aws-as-its-long-term-strategic-cloud-provider-to-accelerate-digital-transformation\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201130005192r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/itau-unibanco-selects-aws-as-its-long-term-strategic-cloud-provider-to-accelerate-digital-transformation\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/itau-unibanco-selects-aws-as-its-long-term-strategic-cloud-provider-to-accelerate-digital-transformation\/","name":"Ita\u00fa Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation - 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