IBM and RSI team up to optimize core banking systems and reduce energy

IBM has recently announced an agreement with the Spanish Banking Information Technology company, Rural Computer Services (RSI). The objective is none other than to modernize its platform and improve the experience of its customers the digital-first generation.

technology will be implemented hybrid cloud to digitally transform your platform with an architecture that allows you to run your digital applications securely in any technological environment. The new plan is known as “CloudOffice”.

What improvements does it bring? Operational efficiency, unprecedented innovation, improvement in safety and adaptation to the new needs of the sector.

The banking complex struggles to adapt to the new times and to improve the experience of its clients, which is why it is betting on IBM as a bulwark. This one contributes IBM® z16™, Red Hat OpenShift Y Kuberneteswhich generate security in the management of data and services.

The alliances between IBM and RSI go back a long way, and being so well versed in the financial sector has allowed IBM to generate incipient improvements for progress. IBM Cloud for Financial Services will help companies reduce the training barriers that prevent the modernization of the environment. Now financial institutions are transformed and the reduction of risks to third parties is guaranteed.

Horace Morrell President of IBM Spain considers that his company has created a secure cloud for the financial sector and protects banking institutions from workloads and helps them address the requirements of regulators, obtaining more efficient transactions.

For its part, Julia BernalCountry Manager for Spain and Portugal at Red Hat ensures that open source technologies provide a solid foundation for RSI and its banking solutions. “We offer them our support through Red Hat Enterprise Linux Y Red Hat Ansible Automation Platform to streamline operations and accelerate innovation”he concludes.

What are the main advantages?

Reduction of fraudulent uses. The new IBM® z16™ mainframe is designed to allow RSI to analyze transactions in real time and at scale, thus detecting possible financial fraud that could appear with the insertion of a artificial intelligence accelerator built into your chip.

Energy efficiency. The target will see energy consumption in its infrastructure reduced by 25% and heat dispersion by another 25%, reducing CO2 emissions and betting on sustainability. It considerably reduces the carbon footprint.

Improved experience. Red Hat OpenShift deploy and run cloud-native applications, increasing the productivitythe flexibility and the time to market in the development and maintenance of its more than 176 business applications. When using Ansible Automation PlatformRSI will decrease both the waiting times and the error rate.

RSI lends core banking services to the Southern Rural Fund Groupwhich is one of the main banking groups in Spain, having more than 46 cooperative banks and rural financial entities. Likewise, it attends 8 million customers and do more than 5 billion transactions per year.

RSI is the first provider of Banking as a service in Spain using a pay-per-use mode and managing a common center for the Financial Services sector in the country. It constantly invests in improvements such as the development of its own Core Banking and 170 more applications that cover software needs.

The group has 74 financial institutions running its systems, 5 billion transactions are executed per year and 3 million customer cards have been issued. They have 3,600 bank branches throughout the country and more than 8.4 million end customers through digital assets that adapt to the needs of customers. To this we must add its human team made up of more than 1,000 professionals.

More than 3,800 entities Government and corporate sectors such as finance, medical services or telecommunications trust IBM and Red Hat OpenShift for an efficient and safe solution. They fit the shape transparent, inclusive Y responsible to the needs of its customers.

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