Serverless architecture allows customers to scale up and scale down on demand. We wanted our cost for the infrastructure to align with demand, so exploring AWS serverless options was an obvious decision. Compute demand can easily vary 1000-fold from hour-to-hour. This operating domain exerts a highly variant compute demand characterized by long periods of relatively low activity interspersed with brief periods of very high demand. The timing of these events leads to multiple computations across instruments triggering simultaneously, with higher peaks of activity at specific days in the business calendar. The majority of computations are batch operations triggered by each instrument's schedule, which defines one or more events that need(s) to be processed daily. X25 is a multi-tenant platform for servicing a specific class of complex financial instruments. X25's engineers leveraged a 150-year-old firm with its resources and deep bench of experience to pioneer cutting-edge digital transformation in the alternative investments industry. In this blog post, we will share how the X25 team laid the foundation of our startup through exploring an AWS serverless solution for our client-facing APIs. Funded through Accelerate in 2020, X25 seeks to provide a digital-first, cloud-based solution to transform the financial product landscape. GS Accelerate was where the X25 project began. ![]() Funded businesses focus on building client solutions, leveraging Goldman Sachs’ unique strengths and offering employees the opportunity to work in a fast-paced, entrepreneurial environment. Accelerate provides our people with the capital, resources, and support to transform ideas into viable new businesses and products for our clients, with a focus on the firm’s growth. Founded in 2018, GS Accelerate is a firmwide platform that aims to support the firm’s long-standing culture of innovation and experimentation and seeds commercial, innovative, and growth businesses for Goldman Sachs. But in the buzz of everyday business, complex transactions, and never-ending activity, what support exists to take these ideas and really execute on them? This was the premise that sparked the beginnings of Goldman Sachs' internal incubator GS Accelerate. In a firm of nearly 45,000 employees from across the globe, new ideas are generated daily.
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