Red Hat OpenShift helps DGB become the first regional bank in Korea to build a PaaS infrastructure and establish framework for its hybrid cloud strategy
SEOUL, KOREA – January 18, 2024 — Red Hat, Inc. the world’s leading provider of open source solutions, today announced that Daegu Bank(DGB) has worked with Red Hat to help build out its private cloud system infrastructure deployment and establish its overall cloud migration strategy.
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In order to meet shifting demands and changes in the financial market, such as the growth of digital banking, DGB needed to modernize its existing infrastructure to become capable of delivering the scale and agility needed to respond to these changes.
DGB worked with Red Hat Consulting to fully understand what’s needed to move forward its transformation journey, and provided an end-to-end service that enhanced the bank’s expertise needed to plan its digital transformation roadmap. The bank chose to build its first private cloud infrastructure with Red Hat OpenShift Platform Plus, which perfectly fits the needs of the bank’s long-term cloud migration strategy as it offers a complete set of developer and operations services, as well as advanced features including security and management capabilities that can be used across the entirety of the hybrid cloud.
As a pilot project, DGB is migrating its online banking application ‘iM#’ to the cloud. With Red Hat OpenShift Platform Plus, developers are able to build their own development and test environments, reducing deployment lead time from weeks to days while flexibly responding to changing requirements.
Kyeong Sang Kim, General Manager, Red Hat Korea said “Open source technologies and hybrid cloud pathways have reshaped the way banking services are created and delivered. At Red Hat, we pride ourselves on being there for customers throughout every step of their digital transformation journey. We are excited to work with DGB from the very beginning of their journey, and we are confident that our collaboration will bring open source and cloud innovation to their customers.”
Sang-keun Lee, Executive Vice President and CIO, ICT Division, Daegu Bank said “Our collaboration with Red Hat is unique because this is the first PaaS system deployment for a Korean regional bank. As we work with Red Hat, we look forward to becoming an IT leader in the financial sector, providing reliable and flexible customer-centric services through a gradual transition to a fully cloud-native environment. ”
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