Enabling a mainframe hybrid cloud solution opens up the prospect of modernizing legacy core banking systems while protecting existing technological investment. It allows you to save money and improve cost management by moving heavy up-front CapEx spending toward OpEx.
Mainframe hybrid cloud enablement involves one or more public clouds and a private cloud running modern applications with seamless integration to a bank's core platform running on existing or upgraded mainframes — a perfect arrangement for safely and rapidly moving data around in volatile working conditions.
And here’s an important operational and balance-sheet plus point. Mainframe hybrid cloud services allow you to scale capacity in line with fluctuating business developments and consumer preferences while retaining the benefits of your existing mainframe investments.
Public clouds share computing services across many different users on remote servers run by external managers (each organization’s data and applications are kept separate). Customers save money because their processes are offloaded to low-cost but, nevertheless, efficient and effective providers.
As the name suggests, private clouds are exclusive services that guard sensitive data against inquirers with no preordained access. You can choose either a hosted private cloud from a third-party provider, or an on-premise private cloud which you manage yourself. Tailored and more secure, private clouds promote rigorous compliance with escalating regulations, although they are more expensive than public clouds.
Hybrid cloud enablement balances the advantages of both private and public clouds.
Protect confidential data by not restricting scale
Having one control center makes for frictionless management
Reduced costs of rapid public cloud expansion and fewer delays
Restricted exposure shields sensitive data
Luxoft regards progressive, mainframe-based core-application modernization as part of a bank’s transformation journey. We help clients take advantage of a hybrid cloud business solution by developing and investing in the people who keep their systems operationally resilient, maintaining the core and innovating around it. Our hybrid cloud specialists possess the niche skills and experience in Hogan banking software to take control and modernize this vital part of data architecture.
Hogan is a no-fail choice. The provider has been serving the banking sector for more than 4 decades. Over 40 banks and card processors use Hogan as their primary core banking application, which means processing over $5 trillion in deposits, making it one of the largest core banking systems in the world.
Here are just four of the pain points that Luxoft’s hybrid cloud experts can help you address:
