Long Take: What Goldman's institutional financial cloud on Amazon means for embedded finance

Gm Fintech Architects —

Today we are diving into the following topics:

• Summary: In this analysis, we focus on Goldman Sachs launching an institutional embedded finance offering within Amazon Web Services, and Thought Machine raising a unicorn round for its cloud core banking platform. We explore these developments by focusing on the emerging role of cloud providers as distributors of third party software, think through some of the implications on standalone fintechs and open banking, and check in on AI company Kensho. Last, we highlight the difference between Web3 and Web3 approaches to “cloud”, and suggest a path as to how those can be rationalized in the future.

• Topics: big tech, investment banks, embedded finance, neobanks and digital lending, institutional capital markets, data and analytics, cloud, open source, blockchains

• Tags: Goldman Sachs & Marcus, Kensho, Thought Machine, Amazon, Google, Microsoft, Ethereum, Binance, Solana, Polygon

If you got value from this article, please sha…