Amazon: wins cloud business from Brazilian banking giant

(CercleFinance.com) - Amazon said that it has won a deal with Itau Unibanco to move most of Latin America's largest bank's IT infrastructure to its cloud computing service, AWS.


Under the 10-year deal, the Brazilian banking giant will use Amazon's cloud infrastructure to accelerate its digital transformation and improve the banking experience of its 56 million clients.

As part of the contract, Itau Unibanco will also migrate its core banking platforms, call center solutions, online, and mobile banking applications to AWS.

The bank also plans to use AWS's analytics, machine learning, managed database, storage, and security, the tech giant said in a statement.

The terms of the deal were not disclosed.

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