The Indian bank turns to AWS for digital banking transformation.
One of India’s largest private sector banks, Axis Bank, has embarked on a transformation program to help it meet demand for digital banking services, shooting for 70% of its infrastructure and applications to be hosted in the cloud. Bringing in Amazon Web Services (AWS) for a „multi-year agreement“, Axis said it would adopt services such as containers, database, and compute, to build a portfolio of new digital financial services for its 200 million customers. „Axis Bank is designing new products, crafting digital journeys, and personalising its services to address the financial needs of its customers better,“ Axis Bank group executive Subrat Mohanty said. „We continue to anticipate future trends and make investments ahead of time within our technology stack. We believe AWS will enhance our agility and resilience to manage two key features that define our digital business — rapid scale and high velocity.
