Digital Transformation: Temenos, IBM Help Banks Support Core Banking Modernization with Hybrid Cloud

Temenos open platform , running on Red Hat OpenShift , is now available on IBM Power , LinuxONE and IBM Cloud for Financial Services to enable banks to realize the benefits of hybrid cloud. The partnership aims “to help accelerate banks’ digital transformation programs by providing enhanced security, operational efficiency, innovation and enabling regulatory alignment. It is also designed to enable modernization of technology stacks and coexistence with hybrid cloud platforms.” A hybrid approach — distributing workloads across on-premises, public, and private clouds, enables banks “to progressively renovate and take advantage of the cloud benefits as a way to accelerate and scale digital transformation.” Temenos provides “a clear modernization path for banks with complex IT systems that look to extend and adopt a hybrid cloud strategy for their core banking systems and take advantage of new technologies such as Explainable AI.” Temenos has now “certified its core banking solution with Red Hat OpenShift for IBM Power and IBM LinuxONE and Temenos is validated on the IBM Cloud for Financial Services.” IBM is “a platinum sponsor at Temenos Community Forum, 9 – 11 May and will be discussing these new updates during the keynote: ‘IBM & Temenos: Enabling a modern, […]

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