Industries

Financial services

Innovate faster and manage IT complexity while reducing risk and maintaining compliance with open solutions from Red Hat.

What is your priority?

APIs

Excel in the API economy

Digital engagement

Differentiate with digital engagement

Transactional efficiency

Streamline transactional processing

Solutions powered by Red Hat deliver value

Weeks to hours

Cut development from weeks to hours

New applications used to take Union Bank 8 to 12 weeks. Now they do it in just a few hours.

Platform standardization

Standardize your platform

Platform standardization resulted in 40% reduction in support, maintenance, and infrastructure costs, a 99% drop in application errors, and a 50% improvement in application response times for Banco Azteca.

Grow and save

Grow your business while saving

BSE saw 400% growth in trades per day and a 90% reduction in total cost of ownership.

What our customers are saying

BBVA

Red Hat technology will help accelerate the transformation of processes to be more digital, more automatic, more convenient for customers, and definitely more efficient.

Raquel Martín, global head of business process architecture and artificial intelligence technology, BBVA
Barclays

Open source based software is very important to us... in terms of providing new capabilities to our users of the platforms we offer and also to be more innovative in the solutions we provide.

Macquarie

Red Hat technology has helped us to work in a more efficient way, with speed and agility as the biggest outcomes.

MUFG Union Bank

The openness of the Red Hat solutions gave us integration options that not all other vendors offer.

That's why

100%

of commercial banks in the Fortune Global 500 rely on Red Hat [1]

How Red Hat helps

You’re not alone in your digital journey. Red Hat helps financial institutions simplify, automate, and accelerate the technology they need to develop new opportunities through open source innovation.

Featured resource

Modernize financial services with open source

Learn how industry-leading financial services institutions use Red Hat’s enterprise open source software and expert services to keep with demand, adopt innovative technology, and manage costs while maintaining security and compliance.

Learn more about Red Hat’s solutions for financial services

[1]Red Hat client data and Fortune Global 500 list, 2015.