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NYMBUS TAKES DIGITAL BANKING TO NEW HEIGHTS WITH RED HAT
Nymbus addresses this need by providing a turn-key digital bank-in-a-box offering that includes all of the technological and operational resources required to easily launch and operate a digital bank or brand in as little as 90 days . Built on Red Hat OpenShift , the industry ’ s leading enterprise Kubernetes platform , Nymbus ’ solution can now be deployed in any cloud that the customer wishes to use , enabling the end-toend launch of an entire bank running on OpenShift .
Red Hat , a leading provider of open source solutions , has announced that NYMBUS has established Red Hat OpenShift as the cloud platform for its digital banking ecosystem , enabling the company to help its customers , including community banks and credit unions , accelerate its Digital Transformation initiatives using innovative and flexible Software-as-a-Service ( SaaS ) solutions .
As consumer preferences and behaviours have shifted in the wake of the COVID-19 pandemic , digital is becoming the primary way for customers to engage with their banks . This trend , combined with growing competitive pressures from more nimble startups , is accelerating the need for credit unions and community banks to adopt a complete , end-to-end , digital banking platform .
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CLOUD TECHNOLOGY IS RESHAPING THE WAY BANKING SERVICES ARE CREATED AND DELIVERED IN OUR DIGITAL WORLD .
The open hybrid cloud is designed to avoid technology lock-in , which creates dependency on one particular vendor , stifles innovation and results in less flexibility . Nymbus chose OpenShift to power all of its digital banking services for the security features , reliability and efficiency of the application and data environment it provides . With OpenShift , Nymbus extends its existing multi-cloud strategy for banking across any combination of public or private clouds . This allows customers to leverage any preferred cloud without being cloud dependent .
Richard Harmon , Vice President and Global Head of Financial Services , Red Hat , said : “ Cloud technology is reshaping the way banking services are created and delivered in our digital world . It is providing service providers the ability to quickly adapt to market changes and make it easier for community banks and credit unions to consume new software .
“ We are excited to work with Nymbus to bring the innovation of open source and cloud technology to the market . Nymbus truly embraces the open source way of working , and we are looking forward to contributing to its success .”
Jeffery Kendall , Chairman and CEO , Nymbus , said : “ The COVID-19 pandemic has changed the way we bank , possibly forever . It provided the push for local banks and credit unions to establish more secure , flexible , end-to-end digital banking solutions .
“ With Red Hat , our partner financial institutions are now granted greater freedom of choice with their cloud strategy and the multi-cloud uptime that is critical for the banking industry .” �
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