Financial Industry Regulatory Authority (Finra): Selected Amazon Web Services to power CAT processing
- Finra’s CAT processes the order information for all public US equities and listed options
- It will be using Amazon Aurora for its primary database needs, Amazon Redshift for data warehousing, and also the Amazon Simple Storage Service (S3)
- In the Q2 2019 Amazon, via AWS, held around 33% of the cloud infrastructure services market
- The company has maintained that third share in the market consistently since 2017
- AWS has an operating income of around $7 billion and a revenue of $25 billion
- It also experienced a 35% growth in revenue in Q3 2019