New Goldman Sachs-AWS data service points to a larger banking trend

Goldman Sachs, through a partnership with Amazon Web Services (AWS), has launched a financial data management and analytics service to help clients crunch data to extract business value.The announcement is part of a larger trend where key players in vertical industries — in this case, financial services — partner with hyperscalers to offer cloud services.Goldman Sachs’ new Financial Cloud for Data targets hedge funds, asset managers,  and other institutional clients