AMP is migrating all of its remaining on premise environments to the AWS public cloud to increase its speed of service and scalability, the financial services company announced Thursday.

An early adopter of cloud technology, AMP began moving applications and workloads to the cloud in 2012 and currently has over half its applications in the cloud. It has previously advocated for a multi-vendor approach.

In November last year the company’s cloud leader, Abdullah Khan, said AMP “strongly believed” in a multi-cloud approach and was developing “cloud agnostic” principles and practices to manage multiple vendors.

On Thursday, however, AMP said it was it will use market leader AWS to migrate all of its applications by 2022 and put more staff through Amazon’s Cloud Academy.

The company says the migration will give it more flexibility and scalability as it seeks to simplify its products and services following damming findings from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

“AMP is in its second year of a three-year transformation to become a simpler, client-led and growth-oriented business,” AMP Chief Technology and Data Officer, Jacqui Visch, said in a statement.

“An important component of any client-led transformation is the ability to execute and create digitalised and data driven experiences. Embracing the cloud allows this to happen at speed and scale. We’re delighted to collaborate with AWS to support our digital transformation.”

AWS managing director or commercial sector, Australia and New Zealand, Adam Beavis said, “As one of the first Australian companies to use AWS, AMP has always understood the benefit of being cloud-first to optimise its processes and find new ways to innovate on behalf of clients.

“By migrating all its workloads to AWS, AMP will automate workflows, unlocking efficiencies to drive operational excellence, deliver exceptional client experiences, and ultimately transform its business.”

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