The Australia and New Zealand Banking Corporation (ANZ) in October last year turned to Red Hat for help to bring its internet banking proof of concept to life.
The bank wanted to modernise its internet banking platform that had passed its end of life and required extended support for some years. Deciding on a Red Hat OpenShift platform, tech area lead for ANZ's digital arm Raghavendra Bhat said the bank wanted to not constrain itself to a cloud-only solution.
ANZ has now migrated 30% of its traffic to the platform and within the first hour of go-live, it processed around AU$2.9 billion worth of payments.
Speaking with media on Wednesday, Bhat said the bank's expectation is to complete about 80% of the traffic transition onto the new platform by November, with complete transition by March. He said there has been no "cookie-cutter approach" for how it has lifted and shifted the old system onto the new one.
"Our primary focus is to make sure that they transition seamlessly from A to B," he said.
"The previous architecture was there for a very long period of time and we are now transitioning to a more microservices, cloud native-based architecture with OpenShift and that is the biggest transition in terms of the set up between the old and the new."
See also: IBM paid $34B for this: Where Red Hat is taking OpenShift[1]
ANZ's environment is a mix of cloud and on-premises technologies, but Bhat said the decision to go with OpenShift was to allow the bank to keep its options open for the future.
"We want to keep our options open in the longer term and Red Hat gives us the best architectural footprint in terms of an on-prem, cloud native application which can be heavily