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OpenStack supports the largest number of enterprise storage and networking systems today, and running Kubernetes with OpenStack allows financial institutions to seamlessly integrate containers with their critical enterprise systems.
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These features allow financial institutions to run their cloud native applications and containers in their private cloud with full enterprise storage and networking support.
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OpenStack Yoga, the 25th and the latest OpenStack release includes support for advanced hardware features such as SmartNIC DPUs, improved integration with cloud-native software such as Kubernetes and Prometheus and reduction of technical debt to maintain a stable and reliable OpenStack core. OpenStack is one of the most active open source projects in the world, supported by a dynamic and engaged community of developers globally. OpenStack powers more than 100 public cloud data centres and thousands of private clouds at a scale of more than 25 million compute cores in production. OpenStack is composable, open infrastructure that provides API-driven access to compute, storage and networking resources. OpenStack is one of the most mature and stable open source private cloud platforms. enhanced flexibility to quickly take advantage of growth.a secure, reliable, and innovative infrastructure.
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massive scalability with access to additional cloud resources to meet peak demand.increased agility to meet business demands, regulatory requirements, market innovation.lower TCO over legacy data centre solutions.Open source private clouds offers various benefits to financial institutions: Most organisations are heading to a hybrid multi cloud deployment model and an efficient private cloud is key to a successful cloud transformation. Incremental cloud transformation at financial institutions is helping organisations to build new capabilities and services to address business imperatives. Open source private financial services cloudįinancial services leaders are leveraging private clouds to build resilient operations, strengthen IT security and optimise their organisations. Cloud is a catalyst for enterprise business transformation and is a focus for C-suite executives and board members of financial services organisations. Financial institutions (FIs) are digitising their customer journeys and scaling-up transformation. The financial services industry has evolved at an astonishing rate in recent years, underpinned by rapid advances in technology.