Banking leader delivers digital innovation and
agility with hybrid cloud based on Red Hat OpenShift
Red Hat, Inc. (NYSE: RHT), the world's leading provider of open
source solutions, today announced that Deutsche Bank, Germany’s
largest bank, is powering its Fabric application platform with open
hybrid cloud technologies from Red Hat. Fabric is a key component
of Deutsche Bank's digital transformation strategy and serves as an
automated, self-service hybrid cloud platform that enables
application teams to develop, deliver and scale applications faster
and more efficiently.
The bank is among the largest in the world and executes around
13 million payments at a value exceeding EUR 1,1 tn and clears EUR
transactions worth EUR 500 bn each day. Being able to more quickly
and efficiently offer flexible, on-demand and always-on services to
customers is vital in a highly competitive market like global
finance, and cloud-native application development methodologies
like containers, microservices and DevOps are well-suited to
supporting those goals.
To meet its business objectives—modernizing infrastructure at
scale, improving business agility and efficiency, and accelerating
time-to-market—Deutsche Bank built Fabric, a next-generation
strategic platform capable of providing an
“Everything-as-a-Service” experience for its application teams as
they build and deploy new applications across the bank's hybrid
infrastructure.
Red Hat Enterprise Linux has served as a core operating platform
for the bank for a number of years and provides a supported, common
foundation for workloads both on-premises and in the bank's public
cloud environment. For Fabric, Deutsche Bank elected to continue
using Red Hat’s cloud-native stack, built on the backbone of the
world’s leading enterprise Linux platform, with Red Hat OpenShift
Container Platform. Specifically, it deployed Red Hat OpenShift
Container Platform on Microsoft Azure as part of a security-focused
new hybrid cloud platform for building, hosting and managing
banking applications. By deploying Red Hat OpenShift Container
Platform, the industry's most comprehensive enterprise Kubernetes
platform, on Microsoft Azure, IT teams can take advantage of
massive-scale cloud resources with a standard and consistent
PaaS-first model.
The bank also deployed OpenShift on its on-premise
infrastructure, enabling it to continue using technologies already
in production and take advantage of one of the key value
propositions of OpenShift: a platform for applications across
hybrid cloud environments, spanning from the datacenter to multiple
public clouds. Both Red Hat Enterprise Linux and OpenShift
Container Platform are deployed and maintained using Red Hat
Ansible Tower, a framework that automates and standardizes IT at
enterprise scale.
Today, Fabric supports 6,000 internal users across 4,000
projects on 15 unique computing environments, and more than 10,000
end users globally. The bank has achieved its objective of
increasing its operational efficiency, now running over 40% of its
workloads on 5% of its total infrastructure, and has reduced the
time it takes to move ideas from proof-of-concept to production
from months to weeks.
Press webcast
Red Hat will host a press conference live from Red Hat Summit at
11 a.m. EDT on Wednesday, May 8. Following remarks, press and
analysts are invited to participate in a live question and answer
session.
To register for the press conference or view the replay after
the event, visit
https://onlinexperiences.com/Launch/QReg/ShowUUID=45D50AF9-7E2C-4F8C-8606-B85EBDA927AC
Supporting Quotes
Ashesh Badani, senior vice president, Cloud Platforms, Red
Hat"As we continue to move forward in this era of digital
transformation, organizations are often faced with becoming a
software company. Deutsche Bank’s use of container and Kubernetes
technologies through Red Hat OpenShift shows its commitment to IT
innovation and the importance of the hybrid cloud to Deutsche Bank,
and we are proud to collaborate with the bank as it sets an example
not just for the financial services industry but for any enterprise
stepping into the digital age."
Tom Gilbert, global head of cloud, application and integration
platforms, Deutsche Bank“Our vision was for ‘Everything as a
Service’ - to create a bubble where our people can’t tell if
they’re building software for a bank or any of the software
companies in the world. We wanted to be able to quickly take an
idea to production while meeting the security and regulatory
standards of the industry. To achieve this, we needed not only
innovative technology but a strategic partner that could execute
globally and understand our business needs. We are buoyed by what
we’ve achieved so far and look forward to continuing on this
journey with Red Hat.”
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About Red Hat, Inc.
Red Hat is the world’s leading provider of enterprise open
source software solutions, using a community-powered approach to
deliver reliable and high-performing Linux, hybrid cloud,
container, and Kubernetes technologies. Red Hat helps customers
integrate new and existing IT applications, develop cloud-native
applications, standardize on our industry-leading operating system,
and automate, secure, and manage complex environments.
Award-winning support, training, and consulting services make Red
Hat a trusted adviser to the Fortune 500. As a strategic partner to
cloud providers, system integrators, application vendors,
customers, and open source communities, Red Hat can help
organizations prepare for the digital future.
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version on businesswire.com: https://www.businesswire.com/news/home/20190506005091/en/
Gaby BerkmanRed Hat, Inc.+1
978-392-2495gberkman@redhat.com
Red Hat (NYSE:RHT)
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