Leading Saudi bank and Red Hat accelerate digital banking innovation

Leading Saudi bank and Red Hat accelerate digital banking innovation

Arab National Bank (ANB), a leading banking institution in Saudi Arabia, is adopting open hybrid cloud platforms from Red Hat, a provider of open source solutions, to accelerate digital banking innovation.

Red Hat says that ANB is speeding its transformation in key areas, including digital banking, open finance and customer engagement, with agile delivery and modern apps built on a foundation of open hybrid cloud technologies, including Red Hat OpenShift and Red Hat Enterprise Linux.

By building cloud-native applications and banking-as-a-service (BaaS) offerings using APIs and a microservices integration layer on its Red Hat-based platform, ANB says it can deliver differentiated and connected customer experiences faster and with greater scalability based on open finance standards.

Red Hat’s open hybrid cloud platforms work across IT environments from on-premises data centres to multi-cloud environments. Today, ANB has Red Hat OpenShift deployed on its private cloud infrastructure with several microservices-based applications running in production and the ability to expand and scale across one or more public clouds as its needs evolve.

Red Hat OpenShift offers built-in container isolation features and other security capabilities like runtime observability, authentication, authorization, and encryption. ANB is also using Red Hat JBoss Enterprise Application Platform to host next-generation Java and Jakarta EE applications across its hybrid environment.

Red Hat OpenShift, described as the industry’s leading enterprise Kubernetes platform, provides a common layer abstracted from underlying infrastructure to give both developers and operations teams consistency in how applications are packaged, deployed and managed.

With OpenShift’s full-stack automated operations, consistent experience across all environments and self-service provisioning for developers, ANB anticipates its teams will be able to use agile development methods such as continuous deployment and DevOps to work together more efficiently to move ideas from development to production, speeding up time to market of new digital BaaS offerings for its customers.


Sign-up to our weekly newsletter

Keep up-to-date with all the latest news, articles, event and product updates posted on Developing Telecoms.
Subscribe to our FREE weekly email newsletters for the latest telecom info in developing and emerging markets globally.
Sending occasional e-mail from 3rd parties about industry white papers, online and live events relevant to subscribers helps us fund this website and free weekly newsletter. We never sell your personal data. Click here to view our privacy policy.