Digital expectations require a modern core infrastructure
Faced with growing competition and change, banks must transform their business to remain relevant and successful. In fact, 92% of banks are accelerating or planning to accelerate digital transformation of business services in the next 6-12 months.1 Core banking system modernization can help you deliver fast, personalized digital experiences to differentiate your business in an increasingly commoditized market.
Modernize your core banking systems with Red Hat
Core banking modernization is an ongoing journey, rather than a single transformative act. Many banks start their journey by deploying cloud-native, container-based infrastructure. Correspondingly, 60% of banks plan to increase spending on cloud computing and storage in the next year.1
Red Hat can help you transform your core banking systems more efficiently and with less risk. Red Hat simplifies your modernization journey with enterprise open source infrastructure that lets you access modern methodologies and innovate at scale. Red Hat® hybrid cloud solutions provide advanced DevOps and cloud-native tools, cross-infrastructure portability and scalability, and the ability to run both existing and cloud-native applications. These modular solutions let you deploy the components you need, integrate with existing systems, and expand as needs change. You can also customize your installation with certified partner products, leading core system solutions, and open source technologies.
Each solution component provides key capabilities for your modernization journey.
- Red Hat OpenShift® is an enterprise-ready Kubernetes container platform with full-stack automated operations to manage hybrid cloud and multicloud deployments. It is optimized to improve developer productivity and promote innovation. Available for Red Hat OpenShift at no additional cost, Red Hat OpenShift Service Mesh gives you a uniform way to connect, manage, and observe microservices-based applications.
- Red Hat Runtimes is a set of products, tools, and components for developing and maintaining security-focused cloud-native applications. It offers lightweight runtimes and frameworks for highly-distributed cloud architectures like microservices.
- Red Hat Integration is a comprehensive suite of integration and messaging technologies that connect applications and data across hybrid infrastructures. Within Red Hat Integration, Red Hat 3scale API Management allows you to share, secure, distribute, manage, and monetize your application programming interfaces (APIs) on an infrastructure platform built for performance, customer control, and future growth. Red Hat AMQ is a flexible messaging platform that delivers information reliably, permitting real-time integration and edge connections. Red Hat Fuse is a distributed, cloud-native integration platform that uses an API-centric, container-based architecture to decouple services, allowing them to be created, extended, and deployed independently.