to accelerate the migration of mission-critical workloads from on-premises environments to AWS, the world’s most comprehensive and broadly adopted cloud.
Yet, half the population remains unbanked with no access to financial products, and a further 18% are underbanked – lacking access to anything other than a bank account. This presents opportunities for the financial services industry to provide millions of Filipinos with access to digital financial services, including bank transfers and money withdrawals, even in very remote areas, with financial services, using digital technology and data.
With Red Hat OpenShift Service on AWS, organizations like UnionBank can use the wide range of AWS compute, database, analytics, machine learning , networking, mobile, and other services to build security-focused and scalable applications faster. Red Hat OpenShift Service on AWS allows the bank to seamlessly shift workloads to the cloud as business needs evolve.
This can include developing microfinance and microsavings applications, which provide small-scale financial services to individuals who may not have access to traditional banking services., UnionBank identified application development process efficiencies and increased collaboration between its product, developer, and operations teams.