Red Hat and AWS Powers UnionBank’s Digital Transformation Journeyby Fintech News Philippines October 24, 2023
The Union Bank of the Philippines is using Red Hat OpenShift Service on Amazon Web Services (AWS) to accelerate its digital transformation and provide more personalised financial services to its customers.
This has allowed UnionBank to migrate its mission-critical workloads from on-premises environments to AWS to launch new financial services faster and scale its workloads on demand. Additionally, UnionBank is now able to build new mobile banking products with microservices.
In addition, UnionBank is using Red Hat OpenShift Service on AWS to create a consistent and unified experience across its public and private cloud environments. This will allow the bank to seamlessly shift workloads to the cloud as business needs evolve.
Red Hat OpenShift Service on AWS has helped UnionBank to reduce its application deployment time by 95% and freed up its team from managing day-to-day infrastructure
Dennis D. Omila, Chief Technology and Operations Officer, Union Bank of the Philippines said,
“Red Hat OpenShift Service on AWS allows our teams greater autonomy and flexibility to deliver latest features and updates to meet market needs.
The integration between Red Hat and AWS means we can better focus on delivering products that match our goal to Tech Up Pilipinas – or, enabling customers to live their best lives through the latest financial innovations.”
Prem Pavan, Vice President and General Manager, Southeast Asia and Korea, Red Hat said,
“60 million people in Southeast Asia became online consumers for the first time during Covid. This represents significant digital commerce opportunities for businesses to tap into, all underpinned by financial services.
UnionBank, a digital-forward bank that is rapidly scaling and innovating its products to meet the needs of digital-native customers and emerging business cases, is a perfect example of that. Using Red Hat OpenShift Service on AWS, organisations like UnionBank can drive speed to market, economies of scale on cost, and greater flexibility to focus on digital transformation.”