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vendredi 16 décembre 2022

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Modernising banking applications - how to navigate the risk and the reward

By Armin M. WARDA, FSI EMEA Chief Technologist, Red Hat For all the benefits of cloud computing, banking and traditional finance companies still rely heavily on mainframes. But change is coming. It is inevitable. Applications running on mainframes are finding it harder and harder to compete in the digital economy. Cloud-native fintechs and neo banks are taking market share, powered by the faster innovation cycles and lower costs that cloud provides. Mainframe makers have seen what’s coming, and are refocusing on cloud platforms. But this is a misleading narrative. Application modernisation is not necessarily an issue of mainframes versus cloud. Many banks still value mainframes for their reliability, and intend to keep using...

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