Amazon and Ninth Wave study open finance onboarding
Amazon partnered with Ninth Wave to deploy an AI onboarding assistant for open finance connectivity using Amazon Bedrock.
A joint study found Compass cut bank onboarding integration testing by up to 95%, reducing weeks of senior engineer work to minutes.
Compass replaced spreadsheet- and email-based onboarding with centralized, self-service workflows to reduce back-and-forth among banks and fintech partners.
The system runs on Amazon Bedrock AgentCore, using multiple AI agents with security controls designed for SOC 2 and PCI DSS requirements.
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