Capital One Selects AWS as its Predominant Cloud Infrastructure Provider
November 29 2016 - 4:26PM
Business Wire
Capital One continues to take a cloud-first
approach by migrating core business and customer applications to
AWS over the next five years
Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ:
AMZN), today announced that Capital One Financial Corp. (NYSE: COF)
has selected AWS as its predominant cloud infrastructure provider.
Capital One is one of the country’s leading financial institutions
and recently ranked #1 on the InformationWeek Elite 100 list of the
country’s most innovative users of business technology. Over the
next five years, Capital One will continue to migrate many core
business and customer applications to AWS as part of its commitment
to delivering great digital experiences to its tens of millions of
customers.
“Technology is going to play a central role in the future of
banking as we move toward an experience that is real-time,
digital-first, and that anticipates customer needs. The AWS
Cloud enables fast, efficient development and deployment of
software and allows our teams to focus on what we do best –
building great software and delivering innovative experiences to
our customers,” said Rob Alexander, CIO, Capital One. “We’re taking
a cloud-first approach to development with AWS as our predominant
cloud infrastructure provider.”
“Cloud has become the new normal even for the most highly
regulated, data-sensitive organizations like those in the financial
services industry. Such organizations are making the cloud a core
part of their central IT operations and digital transformation
efforts to take advantage of the security, reliability, and broad
functionality of the AWS Cloud,” said Mike Clayville, Vice
President, Worldwide Sales at AWS. “As a leading financial services
institution, Capital One is embracing cutting-edge technology, like
the AWS Cloud, to innovate in an industry that has great potential
to benefit from technology transformation.”
About Amazon Web Services
For 10 years, Amazon Web Services has been the world’s most
comprehensive and broadly adopted cloud platform. AWS offers over
70 fully featured services for compute, storage, databases,
analytics, mobile, Internet of Things (IoT) and enterprise
applications from 38 Availability Zones (AZs) across 14 geographic
regions in the U.S., Australia, Brazil, China, Germany, Ireland,
Japan, Korea, Singapore, and India. AWS services are trusted by
more than a million active customers around the world -- including
the fastest growing startups, largest enterprises, and leading
government agencies -- to power their infrastructure, make them
more agile, and lower costs. To learn more about AWS, visit
http://aws.amazon.com.
About Amazon
Amazon is guided by four principles: customer obsession rather
than competitor focus, passion for invention, commitment to
operational excellence, and long-term thinking. Customer reviews,
1-Click shopping, personalized recommendations, Prime, Fulfillment
by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets,
Fire TV, Amazon Echo, and Alexa are some of the products and
services pioneered by Amazon. For more information, visit
www.amazon.com/about.
About Capital One
Capital One Financial Corporation (www.capitalone.com) is a
financial holding company whose subsidiaries, which include Capital
One, N.A., and Capital One Bank (USA), N.A., had $226.0 billion in
deposits and $345.1 billion in total assets as of September 30,
2016. Headquartered in McLean, Virginia, Capital One offers a broad
spectrum of financial products and services to consumers, small
businesses and commercial clients through a variety of channels. A
Fortune 500 company, Capital One trades on the New York Stock
Exchange under the symbol "COF" and is included in the S&P 100
index.
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