Introducing New Cloud Solutions for Credit Unions and Nonprofit Research Organizations

In 2022, Amazon Web Services (AWS) introduced a range of tailored solutions for nonprofits through the AWS Solutions Library and AWS Marketplace. These offerings are designed to address the critical needs of charitable and membership-based organizations.

Today, we are excited to unveil additional nonprofit solutions within the AWS Solutions Library and AWS Marketplace, specifically catering to the distinct requirements of credit unions and nonprofit research organizations. The new solutions encompass architectural guidance, ready-to-deploy resources, and offerings developed by AWS Partners.

Explore the solution categories that encompass these innovative offerings targeting key mission areas, along with specific solutions designed to assist credit unions and research organizations in leveraging AWS effectively.

Solutions for Research Organizations

The Nonprofits section on the AWS Solutions Library and AWS Marketplace now features four fresh categories focused on research organizations. Known as solution areas, these new categories are outlined below.

Time to Science

Research organizations handle vast quantities of data. Rapid processing and sharing of this data can lead to significant breakthroughs. However, secure storage and responsible sharing of this data is crucial. Solutions in this area enable organizations to quickly scale computing resources, carry out comprehensive research, analyze data at scale, and safeguard sensitive information. For instance, the Genomics Secondary Analysis using AWS Step Functions and AWS Batch establishes a scalable environment for developing and running genome sequence processing pipelines, which can be customized to suit specific research needs.

Fair, Equitable, and Open Data

Providing access to data for researchers from diverse backgrounds accelerates knowledge advancement. This solution area emphasizes aggregating data from multiple sources to create a unified view. These solutions also assist organizations in optimizing and augmenting data for the cloud, allowing researchers to focus on data analysis rather than acquisition. Furthermore, they ensure compliance with regulations and security best practices when sharing data.

Solutions for Credit Unions

Core Banking

Core banking encompasses the essential operations that credit unions perform daily, including transaction processing and financial record management. Traditionally, core banking applications are expensive and rigid, hindering agility. The solutions in this area aim to facilitate the migration of core banking functions to the cloud, allowing credit unions to reap the benefits of cost savings, enhanced security, and improved availability through cloud-based backup options. One such solution offers guidance on constructing a core banking system in the cloud using services like Amazon Quantum Ledger Database (Amazon QLDB) and AWS Transit Gateway.

Digital Banking

Adopting digital banking solutions enables credit unions to harness the performance and scalability offered by the cloud. These solutions support everyday banking tasks, such as fraud detection and assessing creditworthiness, while also enabling the implementation of single sign-on functionalities.

Member Experiences

In an era where credit union members have numerous banking options, differentiation is paramount. Solutions in this category address common needs, such as transitioning contact center capabilities to the cloud and enhancing member acquisition while maintaining existing relationships. Additionally, these solutions can unify and enrich member data, facilitating personalized communications via text messages, emails, and voice calls.

IT Optimization and Data Strategy

Credit unions stand to gain significantly from migrating workloads to the AWS Cloud. The solutions in this category assist with migrating and modernizing existing workloads, ensuring security and compliance for cloud applications.

Conclusion

Credit unions and nonprofit research organizations have unique needs that set them apart from other nonprofits. With the introduction of these new solution areas, AWS is committed to helping these organizations harness the advantages of cloud-based solutions.

To discover more about AWS solutions for nonprofit organizations, visit the AWS Solutions Library and AWS Marketplace. For additional insights into the AWS Nonprofits initiative, explore the AWS for Nonprofits main page. Should you be interested, learning about demotion can offer valuable perspectives—check out this blog post. Furthermore, as you prepare for the H-1B cap season, SHRM provides essential resources on this topic. For more onboarding tips, this excellent resource can guide your journey.

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