Enhancing Bank Performance with AI-Powered Competitive Intelligence on AWS

This article introduces BankIQ+, an open-source AI-powered solution for banks to benchmark performance against peers and analyze regulatory filings using AWS services and generative AI.

• BankIQ+ modernizes peer benchmarking using Amazon Bedrock and Bedrock AgentCore for real-time competitive intelligence
• Three core modules: Peer Bank Analytics, Financial Reports Analysis, and Compliance & Audit Dashboard
• Analyzes FDIC Call Reports, SEC filings, Federal Reserve data, and OCC bulletins automatically
• Reduces manual analysis by up to 80% and accelerates compliance reporting significantly
• Architecture uses Cognito authentication, CloudFront CDN, ECS Fargate backend, and S3 document storage
• One-click deployment script provisions all infrastructure in under 30 minutes
• Early adopters report faster decision-making on CRE concentration, charge-offs, and delinquency rates

BankIQ+ enables banks to transform static regulatory filings into actionable intelligence through AI-driven analysis, improving risk management and competitive positioning.