Riyad Bank implements a hybrid cloud strategy built on Red Hat’s portfolio

Red Hat today announced that Riyad Bank has implemented a hybrid cloud strategy built on Red Hat’s portfolio of open hybrid cloud technologies, including Red Hat OpenShift. Red Hat’s open innovation is a keystone of the bank’s drive to speed up innovation and time-to-market of digital services and products.

Riyad Bank chose to build a flexible platform based on containers and Kubernetes, seeking to improve IT team productivity and better respond to evolving business demands. The bank wanted a comprehensive, cloud-native solution that encompassed open source code and open standards while also enhancing interoperability with current and future IT investment and limiting the total cost of ownership. To meet these varied needs, Riyad Bank selected the industry’s leading enterprise Kubernetes platform in Red Hat OpenShift for cross-organizational deployment along with Red Hat Ansible Automation Platform to provide IT automation at scale. The bank has also enlisted Red Hat Consulting and used Red Hat Learning Subscriptions to establish a framework for repeatable microservices and create a comprehensive training plan. The end goal is to foster a more open organizational culture and up-skill teams in agile methods like DevOps to help generate further efficiencies.

To support its cloud infrastructure Riyad Bank is also relying on Red Hat OpenStack Platform as a foundation for its private cloud and Red Hat OpenShift Data Foundation and Red Hat Ceph Storage for its storage needs.

The approach taken and impact achieved by Riyad Bank on its transformation journey led it to be named a regional winner in the Red Hat EMEA Digital Leaders Awards 2021.

Ali Al Shami, country manager, KSA and Bahrain, Red Hat said “As fintech innovation fuels the disruption of business models and digitalizes customer expectations, Riyad Bank is responding in kind with its comprehensive digital transformation program backed by Red Hat’s open innovation. We’re pleased to work with a team so passionate about making a highly productive and creative contribution to fintech, and look forward to further collaborating with Riyad Bank to establish an agile foundation for its modern apps.”

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