Starburst achieves AWS Financial Services Competency Partner

Starburst is thrilled to announce that we have officially earned our Amazon Web Services (AWS) Financial Services Competency!

This designation recognizes our commitment to providing a secure, scalable data platform for apps and AI that meets the needs of financial services organizations worldwide. Today, we help some of the largest financial services companies on the planet connect data across their complex and multinational operations, including four of the top five global banks and core financial institutions such as S&P Global, Banco Inter, doxo.

Financial institutions are leveraging AWS and Starburst to enhance fraud detection, streamline risk management, personalize customer experiences, and drive market analytics—while optimizing operational efficiency. By unifying data across payment networks, credit bureaus, and banking systems, Starburst empowers institutions with real-time insights, AI-driven decision-making, and scalable analytics. This future-proof approach not only accelerates AI innovation in financial services but also ensures compliance with evolving regulatory requirements.

As Justin Borgman, CEO and Co-founder of Starburst says, “This AWS Financial Services Competency underscores Starburst’s dedication to providing financial institutions with the data foundation they need to not only keep pace but lead in an era of rapid digital transformation and AI innovation. Starburst enables firms to unify their data, drive AI initiatives from experimentation to impactful outcomes, and confidently navigate the complex regulatory landscape, all while ensuring robust governance and security.”

What does achieving the AWS Financial Services Partner Competency mean for our customers?

The AWS Financial Services Partner Competency is a testament to Starburst’s demonstrated technology specialization, validated expertise, and proven customer success in delivering data architecture solutions to financial institutions. Achieving this competency requires a stringent and comprehensive evaluation process conducted by AWS, ensuring partners possess deep industry knowledge and technical proficiency. Starburst has passed this rigorous assessment, which means our customers gain even greater confidence in our ability to deliver transformative outcomes.

Helping financial services achieve business value from their data

This achievement highlights Starburst’s unwavering commitment to empowering financial services organizations on their digital transformation journey with AWS. It signifies that Starburst provides:

• Validated Financial Services Expertise on AWS: Starburst has a proven track record of enabling leading financial institutions to modernize their data architecture and drive innovation on AWS. As evidenced by our work with 4 of the top 5 global banks, we bring specialized knowledge of the financial services landscape to help firms navigate their unique challenges, from modernizing core systems to navigating evolving regulatory landscapes.
• A Data Platform for Apps and AI: Starburst provides the secure, scalable data platform financial institutions need to future-proof their data architecture for AI. We address the critical need for better data access, collaboration, and governance, which are essential for accelerating time to value for AI initiatives. Our platform enables firms to:
  • Modernize Core Systems: Starburst helps financial institutions break free from legacy systems and modernize their infrastructure, enabling seamless integration of financial services into the lives of consumers and businesses.
  • Harness the Power of Data: We empower financial institutions to unlock the full potential of their data, wherever it resides, for advanced analytics, innovative applications, and transformative AI initiatives.
  • Deliver Innovative Digital Experiences: Starburst provides the data foundation necessary for financial institutions to create personalized, data-driven customer experiences that meet the evolving expectations of today’s customer landscape.
• Enhanced Data Governance: Starburst understands the importance of security and compliance in the financial services industry. Our platform provides the data governance capabilities financial institutions require to navigate stringent regulatory requirements while protecting sensitive data confidently.

This recognition affirms Starburst’s ability to equip financial institutions with the data access, collaboration, and governance necessary to accelerate AI initiatives, drive innovation, and transform their businesses on AWS.

Starburst’s Solutions for Financial Services

Starburst provides a powerful data platform that empowers financial services organizations to accelerate data-driven insights, reduce risk and compliance costs, and improve customer experience. Our platform, built around open-source technologies like Trino and Iceberg, is deployed at cutting-edge technology firms operating at petabyte scale. Our analytics and AI accelerators are designed to handle financial data’s unique importance, variety, and complexity.

Starburst enables financial institutions to:

• Access data wherever it lives: Starburst eliminates data silos by providing a single point of access to data across your entire organization, regardless of where it resides, including multi-cloud, hybrid, and on-premises environments. This federated query capability delivers real-time insights, enabling faster decision-making for critical operations. Whether your data is in cloud data warehouses, data lakes, or on-premises systems, Starburst unlocks its full potential.
• Ensure compliance & security: Starburst provides enterprise-grade security and governance features essential for protecting sensitive financial data and meeting stringent regulatory requirements. Fine-grained access controls, end-to-end encryption, and comprehensive audit trails ensure that data is accessed and used securely and complies with regulations like the General Data Protection Regulation (GDPR) in the EU, the California Consumer Privacy Act (CCPA), and others relevant to the financial industry.
• Accelerate AI adoption: Starburst fuels AI initiatives by providing the data access, collaboration, and governance needed to turn AI from experimentation into a competitive advantage. By breaking down data silos and delivering high-performance query capabilities, Starburst enables data scientists and analysts to access the data they need quickly and efficiently, accelerating the development and deployment of AI/ML models and driving faster time to value for AI investments.
• Reduce costs & optimize data infrastructure: Starburst helps financial institutions optimize their data infrastructure by providing the flexibility to leverage cloud resources efficiently and modernize legacy systems. By enabling data access across diverse environments, Starburst reduces the need for costly data movement and duplication, helping organizations control costs and maximize the value of their existing investments.

Key Applications Starburst Powers

Starburst’s platform enables a wide range of critical financial services use cases, including:

• Fraud detection and prevention: Starburst’s real-time data access and analytics capabilities enable financial institutions to detect and prevent fraudulent activities more effectively. By analyzing data from various sources in real time, firms can identify suspicious patterns and take immediate action to mitigate risk.
• Risk management and compliance: Starburst provides the data foundation necessary for effective risk management and compliance. By providing data visibility and enabling comprehensive audit trails, Starburst helps financial institutions monitor risk exposure, ensure regulatory compliance, and respond quickly to changing market conditions.
• Customer intelligence and personalization: Starburst empowers financial institutions to gain a deeper understanding of their customers and deliver personalized experiences. By providing access to comprehensive customer data and enabling advanced analytics, Starburst helps firms identify customer needs, preferences, and behaviors, enabling them to tailor products and services to individual customers.
• Market and trading analytics: Starburst provides the high-performance data access and analytics capabilities required for effective market and trading analytics. By enabling real-time analysis of market data, Starburst helps financial institutions make informed trading decisions, manage risk, and identify new opportunities.
• Operational efficiency & cost reduction: Starburst helps financial institutions improve operational efficiency and reduce costs by enabling data-driven optimization of processes and workflows. By providing a unified view of data and enabling advanced analytics, Starburst helps firms identify areas for improvement, streamline operations, and reduce expenses.

Read our complete solutions brief to understand how to unlock real-time AI-driven insights in financial services.

Starburst on AWS: A Powerful Partnership for Financial Services

Starburst and AWS are committed to powering successful data strategies at financial services organizations. Our collaboration provides customers with a streamlined experience, facilitating the swift and seamless deployment and management of data workloads on AWS.  

The strength of the Starburst and AWS collaboration lies in our joint dedication to delivering innovative solutions that address the evolving demands of the financial services sector. This partnership leverages AWS’s comprehensive suite of cloud services and resources, including their financial services specialists and vast partner community, with Starburst’s expertise in providing a secure, scalable data platform for applications and AI. Together, we enable financial institutions to modernize their operations, enhance customer experiences, and drive innovation while adhering to stringent regulatory requirements.

The Future of Financial Services with Starburst and AWS

We are excited to continue working with AWS to provide financial services organizations with the solutions they need to compete and win in the digital economy. 

To get started, find us on the AWS Marketplace or contact us today to learn how Starburst can help your financial services organization. 

Read our solutions brief for more information on how Starburst is the data platform behind 4 of the top 5 global banks.