Red Hat Innovation Awards

State Street Corporation

Winning category: Outstanding open source architecture

Success story

State Street builds innovative PaaS using Red Hat Enterprise Linux and Red Hat JBoss Middleware

State Street is a leading financial services provider with operations in 29 countries. It serves the world's most sophisticated institutions, offering a flexible suite of services that span the investment spectrum, including investment management, research and trading, and investment servicing. State Street embarked on a transformation initiative to accelerate new IT application development and business innovation with an enterprise-wide Platform-as-a-Service (PaaS) framework built on Red Hat® solutions in its private cloud environment. State Street's PaaS unifies the latest advancements in technology to achieve the company's strategic objectives, including faster time to market, strengthened security, and improved overall IT operations.

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We chose Red Hat Enterprise Linux® because of the level of maturity around the product as well as its support structure.

Chris McCarthy, Senior Vice President of Infrastructure, State Street

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