A little competition, even in business, can be a good thing. In today’s changing financial services industry landscape, there are new and changing reasons why providers and banks should be aware of the competition and put their best foot forward. These include new regulations and increased demands by customers to be agile and versatile, especially when it comes to digital banking. In order to have a leg up over the competition, banks should approach new opportunities and the challenges that regulations bring head on with strategic focus, open source, and agile integration.
Continue reading “Want to succeed amid regulations and competition? Don’t put your head in the sand.”
Have you ever experienced buyer’s remorse? Maybe you bought something significant on a whim like a new car or the latest cool gadget, without thinking it completely through, and a few days or weeks later you wonder why you now own something that doesn’t really deliver what you were expecting.
These same experiences can occur in the service provider and telecommunications industries. There’s a lot of hype around the latest technologies saving money, increasing revenues, and expanding wallet share with customers. Meanwhile, are service providers really getting the business benefits they expect from these technologies? As consumers, most of us don’t even think much about these challenges. Instead, we’re focused on finding improvements for our lives and economic well-being by searching for choice both in the goods and services that we consume, and in how we consume them.
Continue reading “The future is open – is your business at risk?”
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.
Continue reading “Red Hat Summit Telecom Industry Session; Customer Panel”
Red Hat prides itself in leading the way in community-based innovation and associated best practices for enterprise consumption. This is why we are thrilled to announce that we have joined the Fintech Open Source Foundation (FINOS). FINOS is a nonprofit organization promoting open innovation in the financial services community. Red Hat OpenShift is providing the underlying technology for FINOS’ Open Developer Platform (ODP), one of the leading venues for community development within the financial services community.
Continue reading “Red Hat Joins the Fintech Open Source Foundation (FINOS)”
In modern times, financial markets are sensitive to any number of factors – geopolitics, economic data, shifting prices on commodities, regional unrest, even market sentiment. And that sensitivity puts pressure on financial firms also contending with globalization, market competition and changes in regulation and international capital movements. To thrive amid all that – and work smarter, better and faster – consider IT automation. Want to know more? Check out this Red Hat solution brief.
Continue reading “Implement IT automation to work smarter, better and faster in financial services”
Earlier this year, the Linux Foundation announced that certain open source projects – notably OPNFV, ODL, ONAP and FD.IO – merged with the Linux Foundation Networking Fund (aka LFN). Because of this, events associated with these projects have been rolled up into the Open Networking Summit (ONS) which is run twice a year. The NA summit was held in Los Angeles the last week of March, 2018, and the EU summit will be held in Amsterdam the last week of September, 2018.
Continue reading “Red Hat at Open Networking Summit NA 2018”
The financial services sector is ramping up investments in next-generation technologies, including both private and public cloud. It’s not just cloud, of course. Artificial intelligence (AI), machine learning, blockchain, advanced data analytics – the list goes on.
Red Hat’s Alessandro Petroni and Bill Lathram each participated in panels at recent Wall Street Technology Association events. The following are their first-hand perspectives of the events.
Continue reading “WSTA panels cover emerging technologies and cloud for financial services”
The Open Networking Summit (ONS) North America is here, and we hope you’ll join us next week, March 26-29 at the Intercontinental Los Angeles Downtown as we discuss software defined networking (SDN), secure devops, container networking, 5G infrastructure, and more. ONS brings together enterprises, service providers and cloud providers to discuss the future of open source networking, covering topics like SDN, network functions virtualization (NFV), orchestration and cloud automation, and the internet of things (IoT).
Continue reading “Join Us: The future of open source networking comes to life at ONS”
The communications service provider (CSP) industry continues to show signs of disruption and transformation. Many CSPs are abandoning the closed, proprietary infrastructures of the past for more agile and open ones in order to offer services more quickly and support tech-savvy customers with a host of new and evolving expectations. These CSPs are making plans for 5G, continuing deployment of network functions virtualization (NFV) and software-defined networking (SDN), and are moving forward with new services to use edge computing.
Continue reading “2018: The year of open source networking for CSPs”
In the highly competitive financial services industry, accurately predicting risk profiles is key. But analytics applications used to determine risk are typically large and compute-intensive, requiring a powerful technology stack that incudes parallel processing and compute accelerators. Open source technology can be a viable solution, delivering more flexibility, adaptability, and cost savings.
Continue reading “Red Hat, partners achieve record-setting STAC benchmark on financial risk analytics”