Amazon Web Services (AWS) has announced its support for the launch of LSEG Risk Intelligence's World-Check Verify, a cloud-based screening API designed to integrate compliance checks into payment and onboarding systems.
According to Financial IT, LSEG’s 2025 Global Risk Intelligence Survey reveals that 77% of financial institutions identify manual review workload as a significant barrier to compliance. The survey also indicates that 75% of these institutions face excessive false positives from legacy systems, which hampers operations and increases costs. Furthermore, 98% of respondents emphasize the importance of real-time data in their compliance workflows, underscoring the need for more immediate solutions.
The AWS "About AWS" page highlights that since its inception in 2006, Amazon Web Services has provided leading cloud technologies aiding organizations in innovation, modernization, and data security. It states that AWS designs solutions by working "backwards from our customers’ problems," addressing real use cases such as scaling, reliability, and security. This approach positions AWS well to support applications like World-Check Verify with enterprise-grade cloud infrastructure.
TechTarget reports that AWS offers a comprehensive suite of infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS) offerings. These include globally distributed data centers and modular services enabling on-demand scaling and high availability. Its architecture supports flexible deployment of APIs, data processing, and security controls, making it an ideal platform for embedded compliance solutions. This capability is crucial for integrating World-Check Verify into payments and onboarding processes without causing delays.
Amazon, the parent company behind AWS, is an American multinational technology firm known for e-commerce, cloud computing, digital streaming, and artificial intelligence. Founded in 1994 by Jeff Bezos, its cloud division now contributes significantly to its profits and underpins much of its enterprise business. According to Britannica, this robust corporate foundation enhances AWS’s ability to support sensitive and large-scale applications such as compliance screening for financial institutions.