Accelerating Financial Agility With Apexon HPC For BFSI

Empowering Financial Excellence for Banking and Financial Services

WE ENABLE #HumanFirstDigital

Apexon is a digital-first technology services firm specializing in accelerating business transformation and delivering human-centric digital experiences. For over 20 years, Apexon has been meeting customers at every stage of their digital lifecycle and helping them outperform their competition through speed and innovation.

Our reputation is built on a comprehensive suite of engineering services, a dedication to solving our client’s toughest technology problems, and a commitment to continuous improvement. We focus on three broad areas of digital services: Experience, Digital Engineering, and Data. Apexon also possesses deep expertise in Banking & Financial Services.

APEXON HPC SOLUTIONS FOR BFSI: SPEED, INSIGHTS, AND TRANSFORMATION

In today’s data-driven financial landscape, efficiency, speed, and innovation are crucial. High-Performance Computing (HPC) empowers Banking and Financial Services (BFSI) institutions to achieve these goals by delivering the computational power needed for:

Optimizing processes and data analysis
Managing risk and ensuring regulatory compliance
Driving cutting-edge advancements in financial modeling andhhigh – frequency trading

Utilizing the power of AWS Cloud’s scalable infrastructure, Apexon’s HPC solutions are specifically designed to meet the demanding needs of the BFSI sector. Our systems handle massive volumes of data with ease, ensuring compliance with complex regulations and enabling financial services to leverage technology for strategic decision-making.

Apexon provides a comprehensive solution, guiding you from workload assessment to cloud-based deployment.

About apexon

5500+ Digital
Engineers

Headquartered
in Silicon Valley

25+ Accelerators
and Solutions

Backed by Goldman Sachs
and Everstone Capital

18+ Global
Delivery Centers

Additional Locations:
New York, Chicago,
London, Mexico and India

APEXON HPC IN THE CLOUD: POWERING INNOVATION AND EFFICIENCY IN BFSI

High-Performance Computing (HPC) in the cloud empowers Banking and Financial Services (BFSI) institutions with unparalleled computational power, scalability, and security to tackle their most demanding tasks. Leveraging the power of the cloud removes the need for expensive on-premise infrastructure, allowing BFSI institutions to optimize costs and resources while focusing on core business activities.

Unlocking New Possibilities with HPC Apexon’s HPC solutions unlock a new era of possibilities for BFSI institutions across various areas:

Real-Time Fraud Detection and Prevention

Challenge Fraudulent activities are becoming more sophisticated, requiring real-time analysis of vast amounts of data.

Solution Analyze massive real-time transaction data with Apexon HPC to identify patterns indicative of fraud, enabling swift intervention and prevention.

Benefits Reduced financial losses, enhanced customer security, and improved regulatory compliance.

Behavioral Analysis

Challenge Traditional fraud detection methods may miss unusual or suspicious behavior patterns.

Solution Apply advanced analytics and machine learning algorithms powered by Apexon HPC to identify such patterns, enhancing fraud detection capabilities.

Benefits Proactive fraud prevention, improved risk management, and a more secure financial ecosystem.

Integrated virtual care and connected health maturity model

Credit Scoring and Underwriting

Challenge Traditional credit scoring methods can be slow and lack accuracy, hindering loan decisions.

Solution Employ Apexon HPC to assess large datasets and utilize machine learning algorithms to automate credit analysis.

Benefits Faster and more accurate credit decisions, improved customer experience, and increased loan approval rates.

Real-Time Credit Monitoring

Challenge Delayed monitoring of credit exposures can lead to higher risk and losses.

Solution Utilize Apexon HPC to monitor credit exposures in real-time and generate alerts for credit limit breaches.

Benefits Proactive risk management, reduced credit losses, and improved regulatory compliance.

Risk Management and Compliance

Challenge Accurately assessing potential risks and ensuring compliance with regulations is crucial for BFSI institutions.

Solution Utilize Apexon HPC for stress testing, scenario analysis, and advanced market risk modeling using real-time data.

Benefits Enhanced risk management strategies, improved decision-making, and greater regulatory compliance.

Blockchain and Cryptocurrency Analytics

Challenge Efficient processing, verification, and compliance monitoring are essential for blockchain and cryptocurrency transactions.

Solution Harness the power of Apexon HPC to process and verify blockchain transactions in real-time and analyze vast amounts of cryptocurrency transaction data.

Benefits Ensured security and integrity of cryptocurrency transactions, efficient compliance with AML regulations, and a more robust financial system.

Apexon’s HPC solutions empower BFSI institutions to unlock a new era of innovation and efficiency. By leveraging the power of the cloud and HPC,BFSI institutions can gain a competitive edge, improve customer experiences, and navigate the ever-evolving financial landscape with greater confidence.

FUTURE-PROOFING BFSI WITH APEXON’S HIGH-PERFORMANCE CLOUD COMPUTING

Apexon’s HPC solutions are designed to empower Banking and Financial Services (BFSI) institutions to unlock the full potential of the cloud for high-performance computing. Our solutions provide a robust suite of services tailored to the unique needs of the BFSI sector, enabling institutions to:

INNOVATE AND STREAMLINE OPERATIONS

Leverage the power of HPC to tackle complex financial tasks and optimize high-stakes financial operations.

GAIN SCALABILITY AND AGILITY

Access on-demand, scalable computational resources to meet fluctuating workloads and ensure you have the power you need when you need it.

OPTIMIZE COSTS

Benefit from the cloud’s pay-as-you-go model, aligning costs with actual usage and improving your financial strategy.

FOSTER GLOBAL COLLABORATION

Our global infrastructure facilitates seamless collaboration among geographically dispersed teams, enhancing productivity and knowledge sharing.

REDUCE TOTAL COST OF OWNERSHIP (TCO)

Take advantage of economies of scale offered by the cloud, leading to a lower TCO and improved Return on Investment (ROI).

Apexon’s comprehensive approach
We offer a comprehensive approach that includes consultation, deployment, and ongoing support, ensuring your HPC environment is optimized for your specific needs and delivers maximum value.

AWS HPC SERVICES AND BUILDING BLOCKS

HPC on AWS unlocks essentially unlimited amounts of computing power and data storage to solve the most complex problems quickly and enable them to run workload at optimal scale. Well optimized and secured HPC clusters can be automatically created, operated and torn down in just minutes.

Data Transfer

Data Transfer is an essential component of HPC. By leveraging Snowball, Snowmobile, AWS DataSync and Direct Connect, we facilitate transferring terabytes and petabytes of data from on premises to AWS.

Compute & Networking

HPC focuses on distributed computing to solve complex and larger problems quickly and efficiently. Apexon follows the AWS architecture best practices for Compute & HPC and takes advantage of AWS EC2 and Elastic Fabric Adapter to support and run HPC applications at scale.

Storage

AWS and Apexon can support sophisticated HPC systems that have streamlined storage components that efficiently and instantly send and receive data from the compute servers. For that, financial institutions can take advantage of EBS, Amazon S3, and Amazon FSx for Lustre.

Orchestration & Networking

Apexon can help customers run their HPC workloads using AWS ParallelCluster or AWS Batch. AWS Parallel Cluster allows you to easily deploy and manage High Performance Computing (HPC) clusters on AWS. AWS Batch, a cloud-native batch scheduler, allows you to scale hundreds of thousands of computing jobs across all AWS compute services and features.

Apexon’s expertise extends to a comprehensive suite of AWS services specifically tailored for BFSI applications. These services include:

AWS Parallel Cluster
HPC Instances (specifically optimized EC2 instances for HPC)
NICE DCV (for secure remote visualization of HPC applications)
Amazon FSx for Lustre
AWS Batch
Amazon EC2
Elastic Fabric Adapter
Amazon S3

By leveraging this powerful combination of AWS HPC services and building blocks, Apexon empowers BFSI institutions to unlock the full potential of high-performance computing for groundbreaking innovation and enhanced financial operations.

THE APEXON ADVANTAGE: HPC SOLUTIONS TAILORED FOR BFSI

Apexon empowers BFSI institutions to achieve significant business value through our HPC solutions by delivering a comprehensive suite of services and outcomes:

Accelerated HPC Adoption in the Cloud We help you seamlessly integrate HPC into your existing infrastructure, offering the option of running hybrid workloads across on-premises and cloud environments.

Cost OptimizationBenefit from the cloud’s pay-as-you-go model, eliminating fixed costs for unused resources and further reducing expenses through cost-saving features offered by cloud providers. Our solutions also help you reduce per-job costs.

Enhanced Performance and Scalability Experience significant improvements in turnaround times by running multiple workloads concurrently on state-of-the-art HPC infrastructure with access to vast capacity on demand. This allows you to scale your resources up or down to meet fluctuating needs.

Improved Collaboration and Efficiency Visualize results directly, eliminating the need for local downloads, and leverage existing software teams by enabling them on cloud technologies, fostering collaboration and streamlining workflows.

Reduced Time to Market Our solutions provide the flexibility to experiment and iterate quickly, allowing you to bring innovative solutions to market faster.

Expert Guidance and Support Benefit from Apexon’s expertise in HPC and the AWS cloud. We offer comprehensive consulting and support services to ensure your HPC environment is optimized for your specific needs and delivers maximum value.

Well-Architected Framework Review We conduct a Well-Architected Framework review for your workloads, ensuring your cloud environment is secure, cost-effective, high-performing, and reliable.

By partnering with Apexon, BFSI institutions can unlock the full potential of HPC and gain a competitive edge in today’s dynamic financial landscape.

REIMAGINE Banking & Financial Services OPERATIONS WITH APEXON

Partner with us to advance your banking and financial services, drawing on our established expertise and innovative strategies. Together, we’ll build a partnership that enhances your computational capabilities and drives forward your financial service offerings.

Here are few ways we bring value:

Assessment: Our four-phase assessment plan is a proven and tested approach to understanding cloud readiness and beginning a HPC migration
Outcome-based Pilot We bring our cloud COE and customer success into a four-step pilot approach providing quantifiable outcome to clients
Opportunity to Avail Partner Opportunity Accelerators (POA) Funding We offer opportunities to access Partner Opportunity Accelerators (POA) funding, jump starting your modernization initiatives.

Funding may include:

AWS Promotional Credits Offset AWS usage costs to reduce your expenses.
AWS Migration Accelerator Program (MAP) funding Opportunity to avail POC funding for Assess, Mobilize and Migrate phase for the HPC workload migration
Cash to Co-Fund Apexon Professional Services Partner with us to co-fund the implementation of our professional services.

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ACCELERATING FINANCIAL AGILITY WITH APEXON HPC FOR BFSI