External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. AWS launches FinSpace analytics service for FS firms 04 May 2021 Source: Amazon Web Services Today, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ:AMZN), announced Amazon FinSpace, a purpose-built analytics service that reduces the time it takes FSI organizations to find, prepare, and analyze financial data from months to minutes. Amazon FinSpace aggregates, catalogs, and tags data across an organization’s data silos, making the data easily searchable by the entire organization. The service includes a purpose-built managed Apache Spark analytics engine that contains over 100 data transformations commonly used in the capital markets industry to prepare data for analytics at petabyte scale. To make it easier for FSI organizations to meet their compliance requirements, Amazon FinSpace ensures that data access controls are enforced and usage is tracked at all times. Amazon FinSpace provides an easy-to-use web application that gives analysts at hedge funds, asset management firms, insurance companies, investment banks, and other FSI organizations access to the information they need and the ability to run powerful analytics on demand across all of their data. There are no upfront costs or commitments to use Amazon FinSpace, and customers only pay for the data stored, the users enabled, and the compute used to prepare and analyze data. To learn more about Amazon FinSpace, go to https://aws.amazon.com/finspace.