Analysis and Implementation of AWS Cloud Platform for Fintech

This report provides an overview of implementing an AWS cloud platform for Fintech solutions. It begins with an introduction to cloud computing and its application in the financial technology sector, emphasizing virtualization and data management. The main body outlines a project plan, detailing migration planning, requirement gathering, and the selection of AWS as the cloud platform. The report explores data center standards, system architecture, and offers an analysis and reflection on the implementation process, highlighting the benefits of AWS in terms of scalability, security, and data retrieval. It also discusses the importance of choosing appropriate data centers for optimal performance and security. The conclusion summarizes the advantages of cloud computing in Fintech, emphasizing its role in data collection, virtualization, and system coordination. The report is supported by references to relevant books and journals.

Fintech
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Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Project plan..................................................................................................................................3
Requirement gathering.................................................................................................................4
Use cloud platform......................................................................................................................4
Select the data centres and standards...........................................................................................4
System architecture......................................................................................................................5
Analysis and reflection................................................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7
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INTRODUCTION
The documentation is based on the cloud computing platform that performed different
strategy for fintech. It will described about the virtualization, physical system architecture and
also gathering large amount of information. In order to manage or visualise through cloud
platform such as AWS which provide the better facilities to maintain the standards of data
collection. AWS cloud platform will help for comparing between cloud deployment models and
also recommend the most suitable in better service management.
MAIN BODY
Project plan
S.No. Task Description Time interval
1. Migration planning In this phase, it is mainly focused to
identify the scope, schedule,
resource, issues and risks. In order
to track the progress of migration.
1-month
2. Gathering
information
Review the essential resources,
equipment’s that help for assessing
any gaps.
2-month
3. Selecting the project
management
technique tool
In this process, it can be used the
best appropriate technique for
managing and controlling overall
project in proper manner.
1-month
4. Implementation
AWS cloud platform
Executing the various activities to
manage risk, threat. In order to
support the project
1-month
5. Maintain or monitor
the activities
It last step when monitoring the
progress of project on regular basis.
1-month
Table: 1
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Requirement gathering
 Collecting the information about the operating system such as Windows, Linux and OS.
 For purpose of visualization, AWS plays important role to generate interactive reports or
documents.
 Involves the file server from centralised network and perform multiple operation.
Use cloud platform
It has been selected AWS (Amazon web service) cloud platform which is a comprehensive
and evolving cloud computing. In order to provide the better facilities and service that include
platform as service package. It provide the facilities to access the broad range of processes and
innovate faster as quickly (Baker and et.al., 2019). Nowadays, the organization will be used the
AWS platform because of their elasticity feature which easily handle peak level of business
activity in future. Instead, it provision the large amount of resource that actually required.
Select the data centres and standards
Data centers, AWS pioneered cloud computing in 2006 which creating the cloud
infrastructure that allows to maintain better security and innovative faster. Generally, it is taking
the virtual tour of data centers to learn about the security approach. In order to protect the data
millions of active customers (Boehrner and et.al., 2019). AWS platform initially used the data
centers location and carefully to choose for purpose of mitigation. It can be designed in perfect
format where easily tolerate failure and also maintaining the availability of system. in another
way, it is helping to recover the service in different events.
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System architecture
Figure 1
In above diagram, it is mainly representing the architecture of AWS cloud platform which will
be performed the simple storage service. It allows for user to store, retrieve the various types of
data by using API calls. Sometimes, it does not contain any computing element.
Analysis and reflection
AWS is based on the cloud solution provided to the organization. It provide the better offer
in term of infrastructure service such as storage options, networking, and databases to enterprise.
It is helping them scale or grow.
In my personal experience, I have been shared the experience whereas AWS consider as
most efficient to maintain, collect and retrieve data in proper manner. In context of security, it
always help for improving and managing the business operation and function in proper manner.
It became great experience to use adapt the AWS cloud platform which help for controlling the
task appropriate manner (Sehgal, Bhatt and Acken, 2020). Before implementing the ASW
platform where I have been used project plan that has provided the brief idea and their
innovation. Therefore, I have gained more knowledge about the cloud platform for storing large
amount of data from particular data centers. In future, I can easily access, retrieve information in
proper manner.
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CONCLUSION
From above discussion, it has summarised about the concept of cloud computing platform
which providing the better facilities and service to collect or gather large amount of information.
it can be performed the different activities to s virtualise and also analysing the physical system
architecture to maintain coordination between file server action. In this report, it has been
implementing the cloud platform such as AWS which provide the better facilities to maintain the
standards. Through AWS cloud platform, it can easily comparing between cloud deployment
models, recommendations for using in business operation because maintain security or privacy.
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REFERENCES
Book and Journals
Baker, R. and et.al., 2019. Amazon Web Services (AWS) Cloud Platform for Satellite Data
Processing.
Boehrner, T. and et.al., 2019. Local vs AWS provisioning: Experience fusing a month’s data on
AWS and local provisioning.
Sehgal, N.K., Bhatt, P.C.P. and Acken, J.M., 2020. Hands-On Project to Use Cloud Service
Provider. In Cloud Computing with Security (pp. 271-313). Springer, Cham.
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