Strands, a CRIF company with extensive expertise in SaaS solutions for financial institutions, is pleased to announce a strategic collaboration with Amazon Web Services (AWS). This collaboration aims to amplify Strands’ activities within the United States via their SaaS platform.
The cornerstone of this collaboration lies in the enhancement of Strands’ flagship product, Strands as a Service (SaaS). Its complete suite of solutions empowers financial institutions to seamlessly integrate digital channels, allowing them to concentrate on their core objectives while relinquishing the burden of technical intricacies. Clients can expect to leverage comprehensive features and continuous updates, all fortified by strong security standards and unwavering project support.
The union of Strands’ expertise in SaaS solutions with AWS’s cloud infrastructure aims to transform the financial landscape. By harnessing the power of AWS Cloud-native modules, Strands will unlock new dimensions of capability, reinforcing its position in the United States market.
This collaboration signifies an exciting leap forward for the complete Strands portfolio, encompassing Personal Financial Management (PFM), Business Financial Management (BFM), Engager, Carbon Footprint Insights, Open Hub, and Data Enrichment. By seamlessly integrating existing strengths with AWS Cloud-native technology, the union will bring forth a host of new possibilities.
A standout advantage of this collaboration is the effortless integration of Strands’ suite into existing systems, facilitated by the intuitive nature of AWS Cloud solutions. Additionally, AWS Cloud-native modules will introduce cutting-edge features like “federated identity,” thereby fortifying existing functionalities and ensuring robust security measures across the entire infrastructure.
Strands’ Managing Director, Edoardo Borsari, commented, “The collaboration between Strands and AWS serves as evidence of our commitment to introducing innovative solutions and steering transformative change within the US financial sector. Together, we will facilitate the creation of disruptive digital banking products, streamlined operational processes, and enduring value for financial institutions in the United States.”
Strands has more than 15 years of expertise in AI, ML, Open Finance, and Customer Engagement, and has been part of the CRIF group since 2020. Its complete suite of solutions for financial institutions and its track record in Personal and Business Financial Management and data-driven personalized banking experiences, recently enriched by a Carbon Footprint manager offering, established it as a point of reference in the financial wellness landscape.
About Amazon Web Services
Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, 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 102 Availability Zones within 32 geographic regions, with announced plans for 12 more Availability Zones and four more AWS Regions in Canada, Malaysia, New Zealand, and Thailand. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.