Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that KeyBank, one of the United States’ largest bank-based financial services companies, used the Red Hat OpenShift Container Platform to expand the bank’s digital banking capabilities.
When we completed our initial technology review, we found that there was really only one software vendor investing in the capabilities of Docker and Kubernetes while providing the support and enterprise-grade hardening that we required in a production container platform. That company was Red Hat and the product was OpenShift.
As with many large companies, KeyBank found that application delivery resulted in complexity growth over time, with slow manual testing, quarterly release cycles and outages resulting in poor Mean-to-time-Resolution (MTTR).
Among other changes, KeyBank created a DevOps practice that could create a culture of innovation and quickly look at the marketplace for tools that could help increase agility and customer experience. KeyBank's DevOps team wanted to embrace an approach that also provided greater security for customer information. Like all large financial services organizations, the bank adheres to complex regulatory requirements that can make it challenging to move even simple changes into production.
To help meet these goals, KeyBank’s DevOps team began considering a container-based application platform, seeking to decrease complexity by isolating applications from the underlying infrastructure and helping development teams get to work with minimal configuration and management time.
The Linux container space, however, was quickly evolving, so KeyBank wanted a trusted partner to not only help them tap into the open source community around containers but also to help them move containers into production in a more secure and stable manner. Red Hat, a top contributor to both the Docker and Kubernetes open source projects, and its award-winning Red Hat OpenShift Container Platform fit KeyBank’s criteria.
Red Hat OpenShift Container Platform is the first and only container-centric, hybrid cloud solution built from the Docker, Kubernetes, Project Atomic and OpenShift Origin upstream projects and based on the trusted backbone of the world’s leading enterprise Linux platform, Red Hat Enterprise Linux. Red Hat OpenShift Container Platform provides a more secure, stable platform for container-based deployments without sacrificing current IT investments, allowing for mission-critical, traditional applications to coexist alongside new, cloud-native and container-based applications.
As KeyBank already had an existing Red Hat Enterprise Linux environment, deploying Red Hat OpenShift Container Platform allowed them to retain consistency across their infrastructure footprints. When challenges did arise, KeyBank’s IT team knew that they could call on Red Hat’s award-winning Global Support Services organization to share best practices and provide the world-class support that they needed to continue running at scale.
In seven months, KeyBank completed product evaluation, selection, and migration of multiple applications to Red Hat OpenShift Container Platform, and built its container-centric environments for development, testing, staging and production. KeyBank also created a continuous delivery pipeline to automate the majority of application development tasks through Red Hat OpenShift Container Platform, enabling developers to focus on moving quickly to market, reliability, and quality.
Within its continuous delivery culture and in response to customer input, KeyBank can now look forward to application release cycles with little to no downtime. Additionally, Red Hat OpenShift Container Platform is now integrated with KeyBank’s automated testing, with analysis showing that 60 percent of defects are now resolved within a day.
KeyBank now plans to spread its DevOps teams into other projects in order to help scale the practice across the organization.
Ashesh Badani, vice president and general manager, OpenShift, Red Hat
“Red Hat OpenShift Container Platform helps bring the best of containers to the forefront, and KeyBank is a great example of an organization using containers to modernize its IT organization while introducing new digital services and applications to its customers. As its technology partner in this modernization, Red Hat is ready to continue to help KeyBank as they employ containers to enable digital transformation.”
John Rzeszotarski, director of DevOps, KeyBank
“When we completed our initial technology review, we found that there was really only one software vendor investing in the capabilities of Docker and Kubernetes while providing the support and enterprise-grade hardening that we required in a production container platform. That company was Red Hat and the product was OpenShift. OpenShift meets these goals with the utilization of Docker that simplifies Infrastructure engineering, delivery, and support; moreover, Kubernetes provides the robust reliability and service levels a flagship application requires for a large enterprise.”
Red Hat, Red Hat Enterprise Linux, the Shadowman logo and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries.
About Red Hat
Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to provide reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As a connective hub in a global network of enterprises, partners, and open source communities, Red Hat helps create relevant, innovative technologies that liberate resources for growth and prepare customers for the future of IT. Learn more at http://www.redhat.com.
Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to the ability of the Company to compete effectively; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; delays or reductions in information technology spending; the integration of acquisitions and the ability to market successfully acquired technologies and products; fluctuations in exchange rates; the effects of industry consolidation; uncertainty and adverse results in litigation and related settlements; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; risks related to data and information security vulnerabilities; the ability to meet financial and operational challenges encountered in our international operations; ineffective management of, and control over, the Company's growth and international operations; and changes in and a dependence on key personnel, as well as other factors contained in our most recent Quarterly Report on Form 10-Q (copies of which may be accessed through the Securities and Exchange Commission's website at http://www.sec.gov ), including those found therein under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations". In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic and political conditions, governmental and public policy changes and the impact of natural disasters such as earthquakes and floods. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this press release.