Emirates NBD Transforms its Digital Banking with Red Hat-Based Cloud, Winning 2019 Red Hat Innovation Award

One of UAE’s largest banks launches cloud platform and adopts
collaborative and DevOps approaches, speeds time-to-innovation from
months to days

BOSTON – RED HAT SUMMIT–(BUSINESS WIRE)–Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source
solutions, today announced that Emirates NBD, a leading banking group in
the United Arab Emirates (UAE), has built a distributed private cloud
platform with Red Hat’s hybrid cloud and application programming
interface (API) technologies as part of its digital transformation
strategy. Its platform provides a common foundation and access to
cloud-native services for internal teams, improving integration,
collaboration and speed of development. The Red Hat-based cloud helps
enable Emirates NBD to better keep pace with its competition, to make
banking more available, and to more dynamically offer modern,
personalized services to customers. Emirates NBD received recognition
for its innovative cloud platform as a winner in the 2019 Red
Hat Innovation Awards
, which recognize creative thinking,
problem-solving and innovative uses of Red Hat technology.

The award win recognizes Emirates NBD Group’s stated goal to become a
global digital leader in banking and deliver first-to-market innovations
through its ongoing digital transformation journey. In 2017, the bank
set out to enhance the capabilities of its end-to-end technology
platforms including IT architecture, infrastructure, security and data.
One of its key pillars was establishing a distributed private
cloud platform
, using technology similar to cloud-native companies
while being able to meet required standards of security and resiliency.
Using Red Hat OpenShift Container Platform, the industry’s most
comprehensive enterprise
Kubernetes platform
, and Red Hat 3scale API Management, Emirates NBD
was able to establish a more secure and scalable private cloud platform
with the flexibility to accommodate a future hybrid
cloud
model. With a common foundation and access to cloud-native
services, the platform empowers greater collaboration across the banking
group’s internal teams and with third party partners.

Emirates NBD’s private cloud platform provides infrastructure, data and
other resources for end-to-end development—from provisioning to
production—through an as-a-Service model to groups throughout the bank.
Group-wide data storage and access are consolidated on the platform to
enable real-time customer intelligence. Red Hat Enterprise Linux
provides a standardized infrastructure foundation for Emirates NBD
across its hybrid environment of physical servers, virtual machines
(VMs), and containers. The bank supports its application programming
interfaces in the platform using Red Hat 3scale API Management to make
APIs available to its partners and other third parties while helping
mitigate security risks and protect sensitive data.

With support for more secure, open API sharing, Emirates NBD launched a
developer portal allowing it to more easily integrate and collaborate
with FinTechs, government institutions, technology partners and regional
institutions.

Emirates NBD has implemented a continuous integration and delivery
(CI/CD) pipeline, supported by automated testing, compiling, and
transfer of code and containers – all with Red Hat OpenShift Container
Platform. The bank runs more than 1,000 containers and more than 500
APIs on its platform with average adoption of the platform increasing
20-30% per month.

Combining Red Hat technologies with agile methods such as iterative
development and DevOps, Emirates NBD can focus on innovation rather than
operational tasks. It can more efficiently launch new applications and
features, with its developers now able to provision and allocate
resources in days, rather than the months it previously took. As an
example, the bank did a proof of concept for WhatsApp banking in three
days that previously would have taken at least six months.

Emirates NBD states that it plans to transition 95% of its 300+
applications onto its private cloud by 2020.

Supporting Quotes

Abdulla Qassem, Group Chief Operating Officer, Emirates NBD
“Establishing
a distributed private cloud platform is a key milestone in our
transformation project, enabling us to adapt to evolving customer and
market needs while continuing to offer the same service quality. We
wanted the flexibility and efficiency of cloud-native stacks while being
able to meet regulatory constraints, and Red Hat was the right choice
for us to be aligned with open source innovation in cloud-native stacks
such as Kubernetes and containers, combined with the security and
stability of an enterprise solution. We have seen our relationship with
Red Hat mature to a close collaboration as they understand where our
business is going, and we want to continue to work with them to enhance
our use of their products as we expand to hybrid cloud.”

Ashesh Badani, senior vice president, Cloud Platforms, Red Hat
“Emirates
NBD is leading the way in transforming its infrastructure and its
organization, taking advantage of innovative technologies and agile
collaborative working methods to be able to keep pace with changing
expectations from customers and the market. We are happy to support
Emirates NBD in its strategic evolution to an innovation-focused,
always-on bank, unlocking greater value for customers.”

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