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June 11, 2021
Amazon Web Services announced that Canadian firm BMO Financial Group has selected AWS as its preferred, strategic cloud provider. BMO will use AWS to modernize its banking platforms and build digital financial services applications as part of the company's ongoing digital transformation. With over 12 million customers and $950 billion in assets, BMO is the eighth-largest bank in North America. BMO is moving strategic workloads to AWS that support its retail and commercial banking, investment banking, and wealth management operations. The bank is also migrating its online and mobile banking applications to AWS.