June 21, 2023 | Updated: June 30, 2023
We are delighted to announce that MongoDB Atlas has successfully achieved the AWS Financial Services competency, highlighting our dedication to delivering exceptional data management solutions tailored specifically for the financial industry. This significant milestone demonstrates our ability to provide secure, scalable, and reliable database services that meet the stringent regulatory requirements and unique challenges faced by financial institutions.
By attaining the AWS Financial Services competency, MongoDB Atlas reinforces its position as a trusted partner for financial organizations in their quest for modern and efficient solutions for secure data management. Our developer data platform empowers financial institutions to leverage the inherent flexibility of MongoDB's document model, coupled with advanced security features and automated operations. This enables organizations to expedite innovation, enhance customer experiences, and fuel business growth while maintaining compliance with regulatory frameworks.
Achieving this competency further signifies our commitment to elevating the standards of data management within the financial services sector. By leveraging MongoDB Atlas, financial institutions can optimize their operations, increase agility, and leverage data-driven insights to make informed decisions. We provide a comprehensive suite of features and functionalities, including data encryption at rest and in transit, identity, and access management controls, and built-in compliance certifications such as PCI-DSS, HIPAA, and ISO/IEC 27001, which are essential for meeting the strict security and privacy requirements of the financial industry.
By harnessing real-time, up-to-the-minute information, fraud detection models can be trained on the most accurate and relevant data available. MongoDB Atlas, a highly scalable and flexible database, coupled with Amazon SageMaker Canvas, an advanced machine learning tool, presents a groundbreaking opportunity to revolutionize fraud detection. By leveraging operational data, the synergy of the MongoDB Atlas and SageMaker Canvas holds the key to proactively identifying and combating fraudulent activities, enabling financial institutions to safeguard their systems and protect their customers in an increasingly treacherous digital landscape.
At MongoDB, we recognize that the regulated industry landscape is constantly evolving. As a result, we remain dedicated to continually expanding our capabilities, refining our offerings, and collaborating closely with our customers to address their evolving needs. Last year, MongoDB achieved the AWS Government Software competency. Our attainment of the AWS Financial Services competency serves as a testament to our ongoing commitment to excellence and innovation in data management, ensuring that our customers in regulated industries can rely on MongoDB Atlas as a robust and secure platform to power their digital transformation initiatives.