Ninth Wave's AI-Powered Compass with Amazon Bedrock cuts API integration time by 95%
Summary
Ninth Wave announced that its AI-powered Compass, enhanced by a partnership with Amazon Web Services (AWS), can now reduce API integration time by up to 95% using Amazon Bedrock. This integration allows Compass to function as a multi-agent AI system, where a primary orchestrator directs specialist agents to assist with tasks like field mapping and interactive support. The solution aims to simplify the onboarding process for banks and financial institutions within the open finance ecosystem by automating workflows and decreasing manual effort.
Tokens
$AMZN
Analysis
Amazon: Amazon, via its AWS division, operates Amazon Bedrock as a fully managed service for building and scaling generative AI applications with foundation models. It emphasizes enterprise-grade security and scalability for regulated sectors. The announcement underscores Amazon's role in enabling Ninth Wave's AI-driven solution through Bedrock's agent capabilities. Ninth Wave: Ninth Wave is a leading provider of secure open finance connectivity for financial institutions, delivering a unified platform that links banks to aggregators, fintechs, and other third-party applications. It specializes in data connectivity solutions tailored to open finance standards and compliance requirements. In the news, Ninth Wave announced a joint study with AWS showing how its Compass product, powered by Amazon Bedrock, streamlines bank onboarding integrations. Amazon Bedrock: Amazon Bedrock is AWS's managed platform that provides access to foundation models and tools for developing generative AI applications, including agent orchestration and knowledge bases. It includes features like AgentCore for production-scale deployment with security controls suited to financial services. Ninth Wave leverages it to host and scale the Compass multi-agent system for API integration tasks. AI-Powered Compass: AI-Powered Compass is Ninth Wave's AI-driven onboarding assistant designed to automate API analysis, mapping, validation, and technical support for open finance integrations. It replaces manual workflows with a multi-agent system that provides actionable guidance and self-service resolution. The news highlights its deployment with Amazon Bedrock to accelerate bank connectivity processes. Product Innovation: Compass functions as a multi-agent AI system where a primary orchestrator directs specialist agents for tasks like field mapping and interactive support. Industry Application: The solution targets banks and financial institutions to simplify integration into the open finance ecosystem through automated workflows and reduced manual effort. Technology Partnership: Ninth Wave collaborated with AWS to integrate Amazon Bedrock into its Compass assistant for enhanced AI capabilities in open finance onboarding.
Categories
techaiai_agentsmachine_learning
Related sources
- https://aws.amazon.com/about-aws/whats-new/2026/09/amazon-bedrock-managed-knowledge-base-multimodal-embeddings-twelvelabs-marengo/
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- https://www.fintechlaunches.com/fintech-launches/ninth-wave-launches-compass/
- https://aws.amazon.com/about-aws/whats-new/2026/06/grok-amazon-bedrock/
- https://markets.ft.com/data/announce/detail?dockey=600-202609140915BIZWIRE_USPRX____20260910_BW111247-1
- https://aws.amazon.com/about-aws/whats-new/2026/09/amazon-bedrock-managed-knowledge-base-confluence-data-center-native-data-source-connector/
- https://briefglance.com/articles/ninth-wave-unveils-ai-compass-to-navigate-open-finance-integration
- https://ninth-wave.com/ninth-wave-platform/ninth-wave-compass-ai-driven-onboarding-assistant/
- https://ninth-wave.com/blog/ninth-wave-introduces-compass-an-ai-driven-onboarding-assistant/
- https://awspartnersgenai.cio.com/generative-ai-powered-software-development/compass-uol-adds-amazon-bedrock-to-ai-cockpit/
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- https://techintelpro.com/news/finance/financial-services/ninth-wave-launches-compass-ai-assistant-for-open-finance-onboarding
- https://ninth-wave.com/our-company/
- https://builder.aws.com/content/3CJIjeJeBGBYXWS5elwWGyUq6he/amazon-bedrock-agents-vs-bedrock-managed-agents-vs-agentcore-whats-what-and-which-to-pick
- https://pitchbook.com/profiles/company/268477-21
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- https://www.pulsapi.com/services/amazon-bedrock
- https://aws.amazon.com/about-aws/whats-new/2026/06/amazon-bedrock-guardrails/