🚀 BREAKING: Commonwealth Bank, Australia's largest bank has just completed a groundbreaking 18-month journey, becoming the first Australian bank to fully migrate its core banking system to Amazon Web Services (AWS) - now processing 2 in 5 transactions across the entire Australian economy! 💳 This isn't just about infrastructure; it's about positioning for an AI-powered future where CBA can deploy "agentic AI frameworks" for real-time banking interactions. ⚡ With their data lake already on AWS, this migration creates the perfect foundation for next-generation AI banking services that can respond in milliseconds rather than seconds. The results speak volumes: balance checks now happen in under 1 second (down from 2-3), and new product development cycles have shrunk from months to weeks. 🎯 As AI evolves from generative assistance to autonomous banking agents, CBA is now architected to scale compute resources on-demand through AWS, setting the stage for truly intelligent, responsive financial services. Learn more at: https://lnkd.in/eMtRVKNM #AWS #CloudMigration #AIBanking #FinTech #Innovation #ArtificialIntelligence #DigitalTransformation
Adesh Dhar
3w
Sri your articulation of the use cases has been excellent and very informative . Thanks for sharing the details .
AI & Tech Analyst Covering Enterprise Apps, CX, Martech, SaaS | Host of Talking Headless 🎙 | Advisor to C-Level Leaders | Bridging Analysts + Analyst Relations | Driving Revenue with AI & Software Innovation
3wLooks like an amazing project that will make the experience for Commonwealth Bank so much better.