Red Hat and the National Institute of Standards and Technology (NIST) are pleased to announce our third annual Cybersecurity Open Forum – Improving the Nation’s Cybersecurity. On April 24, 2024, cybersecurity experts will gather in Washington, D.C., to share best practices and strategies for successfully navigating the evolving cybersecurity landscape. As threats evolve in sophistication and scale, government and industry must adapt swiftly and effectively to protect data and infrastructure.Attendees will learn about the nature of cybersecurity vulnerabilities, strategies to enable protect ..read more

A leading Spanish bank was having problems adopting automation across the breadth of its IT portfolio. Partnering with Red Hat Consulting and Intel, the bank initiated a program to redefine its automation practice, focusing on common business objectives and cultural transformation. By prioritizing use cases aligned with strategic goals and fostering collaboration and learning, the bank aimed to accelerate adoption while maintaining alignment with business objectives around productivity and cost savings as well as other strategic imperatives.Automation practice faces departmental barriersOver t ..read more

Public clouds provide geo resilience in addition to being cost-effective when compared to on-premise deployments. Regulated industries such as the Financial Services Industry (FSI) traditionally have been unable to take advantage of public clouds since FSI is highly regulated from a security and resiliency standpoint.Confidential computing (CC) and specifically confidential containers (CoCo) in the cloud provide data protection and integrity capabilities, facilitating the migration of financial workloads to the cloud.In this blog we will look at the Financial Services Industry and how it can d ..read more

The rapid evolution of artificial intelligence (AI) has the potential to radically reshape how banks operate from front to back. This wave of artificial intelligence will have a lasting impact on employees, customers, and regulators as it becomes more ubiquitous. Banks will need to navigate technology and organizational change with a renewed emphasis on collaboration in order to execute on their AI strategy.Generative AI is a potent new tool in the bank’s arsenal. It can take on more of the burden for customer servicing and reduce the toil of back office operations. In the short term, the po ..read more

The success of edge computing depends on improving efficiencies at the scale at which it is deployed, and power is its single most significant operational expense. However, existing approaches to edge computing tie compute resources to specific closed cloud ecosystems, and are limited in hardware specifications to that which fits a predetermined business model based on increased consumption rather than efficiency.Power is arguably the single most significant operational expense of a data center, which carries through to micro data centers at the edge. Rising energy costs can drastically impact ..read more

The industrial ecosystem is advancing at an incredible pace – rapid technology development and adoption cycles present massive opportunities for greater operational efficiency and productivity. But to pull this off, manufacturers need advanced connectivity that neither on-site cabling or ethernet can provide. Enter private 5G. Private 5G systems offer unified network function and application connectivity closer to end users, thanks to virtualized and cloud-native radio access networks (RAN) and 5G core (5GC) implementations linked by open standards-based interfaces. Private 5G can deliver th ..read more

It would be great if we could flip a switch on the networks that currently consume about 3% of the world's power and emit roughly 2% of the world's greenhouse gasses to make them more sustainable. And I’m sure any telecommunications service provider would want to reduce their network operating costs by being more energy efficient. But achieving sustainability goals is a complex and layered problem, and one that requires an entire ecosystem to work together to reduce the telecommunication industry’s carbon dioxide footprint. Many service providers are looking to advanced data analytics powe ..read more

Our collaboration with Red Hat and Intel is taking a significant step forward with the integration of AI into Telenor’s 5G Edge Cloud. The connections between AI, IoT and 5G are driving greater efficiency, productivity and customer experiences across many sectors, from automotive and industrial manufacturing, to transport, utilities and smart cities. Now, Telenor's 5G Edge Cloud running on Red Hat OpenShift can manage and analyze large data sets, including images and videos in real time.For decades, we have used data analytics and insights to make better decisions. Last year this took a step ..read more

There are several reasons why banks should consider connecting their cloud environments together. An on-premise environment limits the ability for the bank to scale on demand or quickly take advantage of new infrastructure offerings from third parties. On the other hand, operating fully off-premise adds additional operational risk along with the cost to migrate services.Regulators in many markets have also taken an interest in how banks are approaching their cloud strategy. For example, Digital Operational Resilience Act (DORA) introduced new requirements for third-party risk management. This ..read more

In partnership with the Linux Foundation, the third annual Fintech Open Source Foundation (FINOS) “State of Open Source in Financial Services” report was unveiled on November 1st, 2023 at the Open Source Strategy Forum in New York City.The report was authored by Hilary Carter, Adrienn Lawson and Stephen Hendrick of the Linux Foundation, Cara Delia of Red Hat, Tosha Ellison of FINOS, Colin Eberhardt from Scott Logic, Philip Holleran of GitHub.The report consisted of survey findings from the financial services industry, including fintechs and partners. It paints an exciting picture for the i ..read more