Luxoft and Amazon Web Services (AWS) leadership series: Luxoft Beyond | Business benefits of as-a-Service models for financial services

The financial services industry is going through a period of unprecedented change, and this is without doubt an exciting time to be involved in the fintech sector.

From unparalleled leaps in technological advancement, challenger startups and shifts in customer expectations to increased regulatory requirements and the dawn of quantum computing, this new era of change presents enormous challenges — but also tremendous opportunities.

This report brings you insights from Luxoft and AWS experts on the rise of as-a-Service, which arises as a cost-efficient and strategic path through much of the industry change we face.

The first article addresses what value as-a-Service models present and how they help solve the challenges faced by the financial services industry. The second article explains in detail how as-a- Service works, while the next article speculates on the journey our financial industry clients face with as-a-Service models in the hypercompetitive world of fintech. The last article explores the views of AWS on the acceleration of cloud adoption and the as-a-Service model.

With so much change upon us, the key to keeping up is to take multiple steps on multiple fronts. Luxoft and AWS are at the center of this journey, and we hope you find this industry report useful and insightful in informing your next steps.