27 Jul Croesus uses AWS to provide its cloud-based solutions
Canada’s largest WealthTech relies on Amazon Web Services, Inc. (AWS) to deploy its platform-as-a-service (PaaS) strategy.
Laval, Québec, Canada – July 27, 2021
Croesus, a Canadian pioneer and leader in software-as-a-service (SaaS) wealth management solutions for nearly 20 years, now uses AWS to deliver its cloud-based solutions. Croesus once again demonstrates its ability to innovate to the benefit of its thousands of users specialized in wealth management and centralized account management.
As of today, Croesus has received the go-ahead to provide its AWS-hosted solutions from several of its clients that include major financial institutions and investment firms. Other Croesus clients may do the same, depending on their timelines.
“The operational and economic advantages of cloud computing are undeniable, as are those related to redundancy, security, availability, and scalability. Migrating to this platform will allow our clients to reap the benefits of this technology. We are proud to do this with AWS, a world-class company that will help us implement our growth strategies,” said Sylvain Simpson, president of Croesus.
The combined capabilities of Croesus and AWS will serve our customers as they grow and meet their increasing compliance needs. What’s more, AWS will be key in propelling Croesus’s platform-as-a-service strategy, which is based on API interconnectivity, data leveraging, and strategic collaborations.
Founded in 1987, Croesus is a WealthTech offering cutting-edge, easy-to-use, and highly secure wealth management solutions. With over 180 employees in Montréal and Toronto, the industry leader provides centralized portfolio management and rebalancing solutions, APIs, and a data analytics tool to enable wealth management professionals to make informed decisions and maximize performance. The platform promotes interconnectivity and third-party integrations, provides a quality user experience and helps meet regulatory requirements throughout the investment process. Croesus has won several industry awards as a high-quality product supplier, as well as an employer of choice.
Vice-President, Business Development and Strategic Partnerships