Rackspace Achieves AWS Financial Services Competency
Rackspace today announced that it has achieved Amazon Web Services (AWS) Financial Services Competency status. This designation recognizes Rackspace for leveraging its deep expertise to implement effective solutions that help financial services organizations manage critical issues such as risk management, core systems implementations, data management, navigating compliance requirements, and establishing governance models. Rackspace delivers true transformation as a service across applications, data, security and infrastructure. Achieving the AWS Financial Services Competency is an important step in Rackspace’s broader effort to support financial services organizations with their digital transformation.
According to a recent report from the Financial Executives Research Foundation (FERF), 72 percent of U.S. finance executives were either using cloud-based solutions in 2017 or they planned to do so in the future. While many banking, insurance, investment firms and other financial services organizations are moving to the cloud at an increasing rate, most lack the resources and expertise needed to navigate this digital transformation on their own.

