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Employers Modernizes

 Employers Modernizes - IoT ONE Case Study
Technology Category
  • Infrastructure as a Service (IaaS) - Cloud Middleware & Microservices
  • Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries
  • Finance & Insurance
Applicable Functions
  • Business Operation
  • Cloud Planning, Design & Implementation Services
The Challenge

Modernize Japan’s financial services sector

To improve operational efficiency, Japanese financial institutions urgently needed to modernize their legacy systems. The industry faced several challenges, including flexibility, development speed, and complex regulations. To address these issues, NTT DATA wanted to build an innovative financial services delivery platform using open source technologies. The company chose Red Hat hybrid cloud and automation technologies to develop, deploy, and automate new applications for its banking customers.

The Customer

NTT DATA Corporation

About The Customer

NTT DATA Corporation, a global IT services organization, used Red Hat hybrid cloud and automation technologies to build the largest financial service delivery platform in Japan. Called OpenCanvas, it operates as a digital transformation platform to serve financial institutions, public institutions, and many other customers. The introduction of Red Hat technologies has led to faster payouts of the virtual infrastructure, reduced operating costs, and expanded customer service offerings.

The Solution

Build an open source hybrid cloud platform

With Red Hat technologies, NTT DATA developed the OpenCanvas platform to link financial institutions with financial technology providers to modernize their cloud service infrastructure—and increase customer services. Additional platform enhancements, such as containerization, continue to boost efficiency. OpenCanvas runs the financial settlement system used by many financial institutions in Japan.

Operational Impact
  • [Product Improvement - Customer Service]

    Using Red Hat automation and cloud technologies, NTT DATA increased its flexibility and the development speed of new customer services.

  • [Cost Reduction - Operation]

    The platform also helped NTT DATA offer more competitive pricing, leading to a significant reduction in operating costs.

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