Amazon Web Services (AWS) has announced a multi-year strategic collaboration with Fitch Group to enhance technological innovation and digital transformation. The agreement includes the integration of Amazon Q Developer, a generative AI technology aimed at improving developer productivity, streamlining code modernization, and providing real-time coding assistance. Fitch has reported a 20% increase in productivity among developers using Amazon Q Developer.

Fitch is also leveraging Amazon Q Transform to modernize legacy Java applications and Amazon Managed Streaming for Apache Kafka (MSK) to strengthen its data streaming capabilities. MSK Replicator has been instrumental in ensuring low-latency, high-availability access to critical financial data, which is essential for Fitch's digital platforms, including Fitch Ratings Pro.

AWS Managing Director for Financial Services Scott Mullins emphasized that the expanded collaboration will accelerate Fitch’s innovation and operational efficiency while maintaining high compliance and security standards. Fitch Group, a subsidiary of Hearst Corporation, operates in over 30 countries, providing credit ratings, financial research, and data services to global investors.

For media inquiries, contact Alayna Francis, Global Head of Corporate Communications at Fitch Group, at alayna.francis@thefitchgroup.com.