Paper Title

Case Study: Migrating Financial Data to AWS Red Shift and Athena

Authors

Niranjan Reddy Rachamala

Keywords

the services amazon redshift
amazon athena
moving financial information
cloud analytics
data warehousing
etl and new 2020 technologies

Article Type

Research Article

Journal

Journal:International Journal of Open Publication and Exploration

Issue

Volume : 11 | Issue : 1 | Page No : 67-76

Published On

January, 2023

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Abstract

Today, financial institutions choose to move their financial data to the cloud so they can grow, gain access to analytics instantaneously and control costs. I analyze the adoption of Amazon Web Services (AWS) Redshift and Athena by a middle-sized financial firm, sharing how it was accomplished, issues encountered and the results seen in 2020. The report looks at how machine learning-driven analysis and cloud-based systems helped improve how data is queried and stored. By analyzing ethical, legal and security concerns, important ideas about the wider effects of migrating financial data to the cloud were identified.