Ganart Technologies Builds Financial Transaction Cloud on Red Hat Enterprise Virtualization

Global financial services provider combines Red Hat Enterprise Linux and Red Hat Enterprise Virtualization to drive 60% cost savings and expanded performance and scalability

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the world's leading provider of open source solutions, today announced that Ganart Technologies, a global provider of reserved and compliant cloud processing for financial information and transactions, is running its critical financial transaction cloud datacenter on a combination of Red Hat Enterprise Virtualization and Red Hat Enterprise Linux.

Ganart endeavors to bring consumable banking to the masses by developing software and systems in a cloud that offers its customers consistency with their financial services from end to end. When it first began developing these systems, Ganart built a datacenter based on the Red Hat Enterprise Linux operating system.

"We wanted to put something in the datacenter that was secure, responsive, high-performing and reliable, so Red Hat was the default choice," said Chris Glover, vice president of Software Development at Ganart Technologies. "We use Red Hat Enterprise Linux-based servers for everything in our datacenter from basic testing and development services to quality assurance (QA) and production."

Building on its marked success with Red Hat Enterprise Linux, Ganart looked to scale out its business, which meant growth for its datacenter. Ganart needed the ability to drive different networks to be PCI-compliant and required many full networks for QA, staging and production. Challenged with driving datacenter growth on a limited IT budget, Ganart realized that adopting virtualization technology would be its best strategy and it began assessing virtualization solutions from Red Hat and VMware.

"When it came to VMware, one of the issues was cost. For the types of things we wanted to do, the VMware solution was more expensive compared to the investment we were making in our datacenter. With Red Hat, we realized we would get not just the cost benefit, but also benefits in performance, scalability and security," said Glover. "Since our servers were already running Red Hat Enterprise Linux, using Red Hat Enterprise Virtualization was a natural addition. To have both our operating system and virtualization technology from Red Hat, the synergies made a lot of sense."

Today, Ganart maintains a full Red Hat Enterprise Virtualization stack with seven Dell R7 10s with 64GB of RAM. Red Hat Enterprise Virtualization forms the base of five different networks, made up of over 40 Red Hat Enterprise Linux-based servers that are all PCI-compliant. Ganart uses Red Hat Enterprise Virtualization to manage the virtual machines themselves and the actual physical clusters. The company also uses the complementary Red Hat Network Satellite systems management solution to keep its Red Hat Enterprise Linux systems up-to-date with patch management and the deployment of new systems. It also utilizes Red Hat Enterprise Linux Desktop for its ATM machines.

Ganart's Red Hat-based datacenter is organized as a cloud that allows it to deliver its services as transactions-as-a-service, which enables its distribution partners to pay only for the transactions that they use. With its financial transaction cloud, Ganart's partners can offer services ranging from money transfers to cashing checks with no complex set-up fees or processes. Ganart hooks providers of these services into its ATM network to offer multi-function kiosks to customers and distribution partners that enable "unbanked" customers to reduce the cost and time spent completing banking-related activities.

"When we talk about the cloud, we are talking about delivering more services, cheaper, to allow our partners and customers to pay only for what they need and use. Where Red Hat fits in is that with the combination of Red Hat Enterprise Virtualization and Red Hat Enterprise Linux, we can dynamically move capacity around as needed to fit the needs of our customers," said Glover.

With Red Hat Enterprise Virtualization and Red Hat Enterprise Linux, Ganart is able to affordably scale with business growth. It has achieved expanded scalability, performance, flexibility and security while reducing costs by 60 percent.

"The performance with Red Hat Enterprise Virtualization is very high and we don't have a lot of overhead for the systems," said Ryan Murray, infrastructure architect at Ganart Technology. "We really can flex the Red Hat Enterprise Virtualization cloud as we need to in order to fit our unique needs without impacting our customers."

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Red Hat, the world's leading provider of open source solutions and an S&P 500 company, is headquartered in Raleigh, NC with over 65 offices spanning the globe. CIOs ranked Red Hat as one of the top vendors delivering value in Enterprise Software for six consecutive years in the CIO Insight Magazine Vendor Value survey. Red Hat provides high-quality, affordable technology with its operating system platform, Red Hat Enterprise Linux, together with virtualization, applications, management and Services Oriented Architecture (SOA) solutions, including Red Hat Enterprise Virtualization and JBoss Enterprise Middleware. Red Hat also offers support, training and consulting services to its customers worldwide. Learn more: http://www.redhat.com.

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  • Forward-Looking Statements
  • 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 delays or reductions in information technology spending; the effects of industry consolidation; the ability of the Company to compete effectively; the integration of acquisitions and the ability to market successfully acquired technologies and products; 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; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company’s growth and international operations; fluctuations in exchange rates; 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.