Thursday, December 12, 2024

Finra: Selected AWS to power CAT processing

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

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