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Baloise Bank SoBa migrates core banking application to Red Hat

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Baloise Bank SoBa, based in Solothurn, Switzerland, needed to reduce its operating costs and keep up with the financial industry's changes and challenges. To achieve a more modern, cost-effective IT environment, the bank migrated its Avaloq core banking application from a proprietary UNIX environment to Red Hat® Enterprise Linux®. The company is the first bank in the world to have taken this step. Migrating to the new platform has improved the bank's IT performance and reduced lower total cost of ownership (TCO).

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