Commonwealth Bank of Australia has successfully completed its ambitious cloud migration project, transferring its extensive data infrastructure to Amazon Web Services (AWS). This strategic move is set to significantly accelerate the bank’s AI initiatives, enabling cutting-edge machine learning models and advanced analytics to enhance customer experience, risk management, and operational efficiency. By leveraging AWS’s scalable and secure cloud environment, CommBank aims to unlock real-time data insights and foster innovation across its financial product offerings.

The migration not only improves data accessibility but also supports the bank’s commitment to compliance and security standards mandated by Australian regulators. Key benefits highlighted by CommBank include:

  • Enhanced computational…