All posts by Krish De

Introducing the AWS User Guide to Governance, Risk and Compliance for Responsible AI Adoption within Financial Services Industries

Post Syndicated from Krish De original https://aws.amazon.com/blogs/security/introducing-the-aws-user-guide-to-governance-risk-and-compliance-for-responsible-ai-adoption-within-financial-services-industries/

Financial services institutions (FSIs) are increasingly adopting AI technologies to drive innovation and improve customer experiences. However, this adoption brings new governance, risk, and compliance (GRC) considerations that organizations need to address. To help FSI customers navigate these challenges, AWS is excited to announce the launch of the AWS User Guide to Governance, Risk and Compliance for Responsible AI Adoption within Financial Services Industries.

This comprehensive guide provides FSI customers practical considerations for responsible AI adoption across key dimensions including governance, risk management, compliance, data management, model management and AI agent management. It includes detailed AWS service capabilities that customers can use to address these considerations, such as Amazon Bedrock Guardrails, Amazon Bedrock Agents, Amazon SageMaker Autopilot, and Amazon SageMaker Model Monitor.

The guide is available through AWS Artifact and is complementary to other AWS resources such as the AWS Responsible Use of AI Guide, AWS Cloud Adoption Framework for AI, AWS Well-Architected Framework Generative AI Lens, and AWS Well-Architected Framework Machine Learning Lens.

As the regulatory environment and leading practices continue to evolve, we’ll provide further updates on the AWS Security Blog and AWS Compliance Center. You can also reach out to your AWS account team for help finding the resources you need.

 
If you have feedback about this post, submit comments in the Comments section below. If you have questions about this post, contact AWS Support.

Krish De
Krish De

Krish is a Principal FSI Governance, Risk & Compliance (GRC) specialist. He works with AWS customers, their regulators, and AWS teams to safely accelerate customers’ cloud adoption by providing prescriptive guidance on GRC. Krish has over 20 years of experience working in governance, risk, and technology across the financial services industry in Australia, New Zealand, and the United States.
Brenda Fong
Brenda Fong

Brenda is a senior FSI risk and compliance specialist. She works with AWS customers in banking, insurance, and capital markets within the ASEAN region to help them meet regulatory, governance, risk, and compliance expectations. Brenda has over 20 years of experience working in governance, risk, and technology across the financial services industry within Asia Pacific.
Kelvin Leung
Stephen Martin

Steve is the Head of Financial Services Compliance and Security for EMEA and APAC. Steve Joined AWS after working for over 20 years in financial service in senior leadership roles with responsibility across ASIA, the Middle East, and Europe. At AWS, he supports customers as they use the scale, security, and agility of AWS to transform the industry.
Kelvin Leung
Kelvin Leung

Kelvin is the AWS FSI Security and Compliance Lead based in Hong Kong. He has 20 years of experience in the IT and cloud regulatory space, with a focus on IT outsourcing, information security, and compliance. Prior to joining AWS, Kelvin worked for a financial regulator where he was responsible for technology risk policy-making and IT regulatory examinations.

Introducing the APRA CPS 230 AWS Workbook for Australian financial services customers

Post Syndicated from Krish De original https://aws.amazon.com/blogs/security/introducing-the-apra-cps-230-aws-workbook-for-australian-financial-services-customers/

The Australian Prudential Regulation Authority (APRA) has established the CPS 230 Operational Risk Management standard to verify that regulated entities are resilient to operational risks and disruptions. CPS 230 requires regulated financial entities to effectively manage their operational risks, maintain critical operations during disruptions, and manage the risks associated with service providers.

Amazon Web Services (AWS) is excited to announce the launch of the AWS Workbook for the APRA CPS 230 standard to support AWS customers as they work to meet applicable CPS 230 requirements. The workbook describes operational resilience, AWS and the Shared Responsibility Model, AWS compliance programs, and relevant AWS services and whitepapers that relate to regulatory requirements.

This workbook is complementary to the AWS User Guide to Financial Services Regulations and Guidelines in Australia and is available through AWS Artifact.

As the regulatory environment continues to evolve, we’ll provide further updates regarding AWS offerings in this area on the AWS Security Blog and the AWS Compliance page. The AWS Workbook for the APRA CPS 230 adds to the resources AWS provides about financial services regulation across the world. You can find more information on cloud-related regulatory compliance at the AWS Compliance Center. You can also reach out to your AWS account manager for help finding the resources you need.

 
If you have feedback about this post, submit comments in the Comments section below. If you have questions about this post, contact AWS Support.

Krish De
Krish De

Krish is a Principal Solutions Architect with a focus on financial services. He works with AWS customers, their regulators, and AWS teams to safely accelerate customers’ cloud adoption, with prescriptive guidance on governance, risk, and compliance. Krish has over 20 years of experience working in governance, risk, and technology across the financial services industry in Australia, New Zealand, and the United States.