Deutsche Bank Activates Digital Transformation with Red Hat

Banking leader delivers digital innovation and agility with hybrid
cloud based on Red Hat OpenShift

BOSTON – RED HAT SUMMIT–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/RedHat?src=hash” target=”_blank”gt;#RedHatlt;/agt;–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.”

Additional Resources

Connect with Red Hat

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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Contacts

Gaby Berkman
Red Hat, Inc.
+1 978-392-2495
[email protected]

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