Empowering digital transformation in banking

“It’s all about the app.” Chris Wright, Vice President and Chief Technology Officer at Red Hat

With examples of more than a 20 percent decrease in branches over the past ten years at large North American banks, it’s no wonder that 42 percent of banks are well on their way to having digital become the primary distribution channel. In fact, 92 percent of global banks surveyed plan to begin their transformation to digital as the primary distribution channel in 2019.

Given efforts are underway, many banks are now wondering how to make this shift more efficient, repeatable, and even automated. Red Hat vice president and chief technology officer, Chris Wright, recently provided insights and described how banks are using technology to move beyond surviving digitization, instead creating environments that enable continual digital innovation.

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Financial firms put blockchain on their technology roadmaps

Even though it’s relatively still early days for blockchain, companies are asking plenty of questions. Some are even experimenting. ITWeb, a news site in South Africa, spoke with Richard Feldmann, global director of financial services, Red Hat, and covered Red Hat Summit last month in San Francisco, including a look at blockchain.

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Tune In: Join us for a webinar highlighting telco sessions at Red Hat Summit

Didn’t get a chance to attend Red Hat Summit 2018? Or were you there, but so busy you missed some great telecommunications sessions? Or maybe you did see everything, and just want a refresher! On June 27, Red Hat is hosting a webinar:  The future of telecommunications is open—Red Hat Summit 2018 highlights.

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Red Hat highlights NFV, open telco, and cloud for telcos at next week’s OpenStack Summit

Join Red Hat this week at OpenStack Summit, May 21-24, 2018, in Vancouver, BC. We will be presenting on a variety of telecommunications topics including network functions virtualization (NFV), creating an open telco model, cloud-native applications, and more. Red Hat’s Margaret Dawson, vice president of portfolio product marketing, will also be presenting at the Women of OpenStack Networking Lunch, sponsored by Red Hat, on Wednesday, May 23 at 12:30 p.m.

There are also a number of sessions that are relevant to Telco and related digital transformation projects. We’ve curated a short list of sessions of interest below, but be sure to check our trail map on the NFV tab of our OpenStack Summit site. And make sure to stop by our booth A19 to check out our latest demos or just say hello!

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Red Hat Summit insider’s look at instant payment processing, European style.

In late 2017, SIA (Societá Interbancaria per l’Automazione) launched a new digital platform that lets people in 34 countries across Europe transfer and receive sums of up to €15,000 per individual transaction in seconds, 24 hours a day, every day of the year. It’s a system that can process 27 million payments daily, with an average round trip of 20 milliseconds and a 99.999% availability, and you can hear all about it at this year’s Red Hat Summit, May 8 – 10 at San Francisco’s Moscone Center.

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Nordea, Barclays, and more to headline financial services breakout session at Red Hat Summit

As you plan your schedule at Red Hat Summit, May 8 – 10 at San Francisco’s Moscone Center, we hope you’ll make time to join us for a special financial services industry session from 2:30 – 5:00 p.m. on Tuesday, May 8, in room 2012. The session, entitled “How cloud, APIs, and automation are changing financial services in a digital world,” will feature talks from some of our top FSI customers including Nordea and Barclays. Following these presentations, all these companies will be joined by the Bank of Montreal for a panel discussion moderated by Gabriele Columbro, Executive Director FINOS, Fintech Open Source Foundation. We’ll cap things off with a Financial Services Happy Hour from 5:00 – 6:30 p.m.

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Red Hat Summit Telecom Industry Session; Customer Panel

Open source has come a long way since Red Hat took its first steps 25 years ago. Our upstream first philosophy has been the driving force for all the projects to which Red Hat contribute, and because of this we’ve decided to feature a telecom industry session with the theme, “The Future of Telco is Open.” This session is intended for all users of open source technologies in the telecommunications industry, including, but not limited to, independent software vendors, hardware manufacturers, and customers.

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Telecom Italia talks production-ready NFV at Red Hat Summit

Telcos around the world are investing in virtual networking to digitally transform legacy infrastructure and gain efficiencies, deliver new services, meet evolving customer demands, and outperform the competition. Telecom Italia is no different. And at Red Hat Summit, May 8 -10 in San Francisco, the Italian telecommunications company will share its network functions virtualization (NFV) story.

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Payment platforms, IT automation, security, cloud, digital transformation and more, financial services topics shine at Red Hat Summit 2018

Every year at Red Hat Summit, there are plenty of opportunities to hear customers’ stories, attend insightful keynotes and sessions, and network with industry experts, colleagues, fellow business people, and Red Hat and its partners. This year, if you work in financial services, we’ve got a particularly exciting line-up. At Red Hat Summit, May 8 – 10 at San Francisco’s famed Moscone Center, we’re covering payments platforms, business and IT automation, agile development, security, cloud, containers, virtualization, digital transformation and more.

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Red Hat Summit 2018: NFV, DevOps, cloud, containers, automation, OpenStack and Weezer!

This year at Red Hat Summit, May 8 -10 in San Francisco, telcos can count on hearing plenty about what matters most to them in 2018 – strategic insights and massively-scalable, open technologies and solutions that can help them deliver services like a public cloud. In demos and presentations, you can learn about network functions virtualization (NFV), software-defined networking (SDN), containers, IT automation, DevOps, OpenStack, digital transformation and more.

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