One of UAE’s largest banks launches cloud
platform and adopts collaborative and DevOps approaches, speeds
time-to-innovation from months to days
Red Hat, Inc. (NYSE: RHT), the world's leading provider of open
source solutions, today announced that Emirates NBD, a leading
banking group in the United Arab Emirates (UAE), has built a
distributed private cloud platform with Red Hat’s hybrid cloud and
application programming interface (API) technologies as part of its
digital transformation strategy. Its platform provides a common
foundation and access to cloud-native services for internal teams,
improving integration, collaboration and speed of development. The
Red Hat-based cloud helps enable Emirates NBD to better keep pace
with its competition, to make banking more available, and to more
dynamically offer modern, personalized services to customers.
Emirates NBD received recognition for its innovative cloud platform
as a winner in the 2019 Red Hat Innovation Awards, which recognize
creative thinking, problem-solving and innovative uses of Red Hat
technology.
The award win recognizes Emirates NBD Group’s stated goal to
become a global digital leader in banking and deliver
first-to-market innovations through its ongoing digital
transformation journey. In 2017, the bank set out to enhance the
capabilities of its end-to-end technology platforms including IT
architecture, infrastructure, security and data. One of its key
pillars was establishing a distributed private cloud platform,
using technology similar to cloud-native companies while being able
to meet required standards of security and resiliency. Using Red
Hat OpenShift Container Platform, the industry’s most comprehensive
enterprise Kubernetes platform, and Red Hat 3scale API Management,
Emirates NBD was able to establish a more secure and scalable
private cloud platform with the flexibility to accommodate a future
hybrid cloud model. With a common foundation and access to
cloud-native services, the platform empowers greater collaboration
across the banking group’s internal teams and with third party
partners.
Emirates NBD’s private cloud platform provides infrastructure,
data and other resources for end-to-end development—from
provisioning to production—through an as-a-Service model to groups
throughout the bank. Group-wide data storage and access are
consolidated on the platform to enable real-time customer
intelligence. Red Hat Enterprise Linux provides a standardized
infrastructure foundation for Emirates NBD across its hybrid
environment of physical servers, virtual machines (VMs), and
containers. The bank supports its application programming
interfaces in the platform using Red Hat 3scale API Management to
make APIs available to its partners and other third parties while
helping mitigate security risks and protect sensitive data.
With support for more secure, open API sharing, Emirates NBD
launched a developer portal allowing it to more easily integrate
and collaborate with FinTechs, government institutions, technology
partners and regional institutions.
Emirates NBD has implemented a continuous integration and
delivery (CI/CD) pipeline, supported by automated testing,
compiling, and transfer of code and containers - all with Red Hat
OpenShift Container Platform. The bank runs more than 1,000
containers and more than 500 APIs on its platform with average
adoption of the platform increasing 20-30% per month.
Combining Red Hat technologies with agile methods such as
iterative development and DevOps, Emirates NBD can focus on
innovation rather than operational tasks. It can more efficiently
launch new applications and features, with its developers now able
to provision and allocate resources in days, rather than the months
it previously took. As an example, the bank did a proof of concept
for WhatsApp banking in three days that previously would have taken
at least six months.
Emirates NBD states that it plans to transition 95% of its 300+
applications onto its private cloud by 2020.
Supporting Quotes
Abdulla Qassem, Group Chief Operating Officer, Emirates
NBD“Establishing a distributed private cloud platform is a key
milestone in our transformation project, enabling us to adapt to
evolving customer and market needs while continuing to offer the
same service quality. We wanted the flexibility and efficiency of
cloud-native stacks while being able to meet regulatory
constraints, and Red Hat was the right choice for us to be aligned
with open source innovation in cloud-native stacks such as
Kubernetes and containers, combined with the security and stability
of an enterprise solution. We have seen our relationship with Red
Hat mature to a close collaboration as they understand where our
business is going, and we want to continue to work with them to
enhance our use of their products as we expand to hybrid
cloud.”
Ashesh Badani, senior vice president, Cloud Platforms, Red
Hat“Emirates NBD is leading the way in transforming its
infrastructure and its organization, taking advantage of innovative
technologies and agile collaborative working methods to be able to
keep pace with changing expectations from customers and the market.
We are happy to support Emirates NBD in its strategic evolution to
an innovation-focused, always-on bank, unlocking greater value for
customers.”
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Container Platform
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Linux
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Management
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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,
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Award-winning support, training, and consulting services make Red
Hat a trusted adviser to the Fortune 500. As a strategic partner to
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customers, and open source communities, Red Hat can help
organizations prepare for the digital future.
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Media Contact:Daniel ThompsonRed Hat,
Inc.dthompso@redhat.com+1 978-589-1059
Red Hat (NYSE:RHT)
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