Deploying Bank Application With Red Hat OpenShift & Case Study Poalim Bank
Hello Everyone !!
Nowadays everyone has a bank account and doing online transactions. People Having a bank account to making depositing money, doing transactions, transferring money from one account to another, etc.
Why Online Banking Is Required ??
When everyone has no time to visit the banks so online baking helps to save time. Online banking has made visits to banks a rare occurrence.
- Online Banking is providing Security bank's applications ensuring that customer data is safe and end to end in an encrypted format.
- Online baking is providing 24*7*365 services and we can do it any time there are no time-bound working hours of the bank.
- Online banking providing Convenience to us like easy access. The need of waiting in long queues at the bank is completely eliminated. Transactions can be completed on the go, whether you are stuck in a traffic jam or in the midst of work. This makes it even easier to check your balance before making cashless purchases to avoid embarrassment if your account doesn’t have the balance to purchase everything on your shopping list.
- Online baking is providing the service of monitoring accounts and maintaining budgets and saving.
Importance of online banking
- online mode is the cheapest mode of transaction.
- No human error can occur in calculation all the calculations done by machine only.
- Online transactions make less paperwork. Digital records reduce paperwork and make the process easier to handle.
How Online banking helps business to grow
Productivity :
Online baking providing productivity in the business every month employee get their salary on time and the company taking payments on time. Online transactions are helping to reduce human work.
Account Review :
Business owners and staff review bank account from the online interface quickly.
Lower Cost:
The online transaction makes the cost very low and helps businesses to save money and making benefits and high growth and success in business.
Lesser errors
Online banking helps reduce errors in regular banking transactions. Bad handwriting, mistaken information, etc. can cause errors which can prove costly. Also, an easy review of the account activity enhances the accuracy of financial transactions.
Fraud Detection & Saving Bank Account From Frauds
Online transactions first set up the password, key, or pin for the user and providing authenticate to the user to access the bank account. Online transaction saving bank account from fraud in between attacks.
Use Online Banking For :
- Bill Payments
- Funds Transfer
- Investing
- Shopping
Above I have discussed why we need online banking, what is the importance of online banking etc.
How online banking helping in the COVID-19 pandemic situation
According to health care workers suggestions, avoiding coronavirus disease spread make social distancing and personal contact. This means reducing the movement of people and increasing the time they spend at home as much as possible. In a pandemic situation, most of the banks reduced the working hours of employees and employees start working from home.SO most of the banks preferring to customers for online banking.
Customers not believing in online banking in earlier days. Customers think online banking is not secure, maybe a chance of losing money, and some hackers can attack online baking applications, etc. But nowadays people and businesses prefer online banking because banks taking guarantees only online transaction is the safe and secure customer will not face any problems.
_________________________________________________________________
So for running online banking application fast ,efficient , safe , available and reliable we need higher manager responsible tool so most of the baking application start using product Redhat OpenShift for banking application deployment.
Online banking can be done by a mobile app or by a web app for deploying a responsible banking application that maintains customer trust in online banking. Designing and deploying banking applications we need a tool which end to end helps to manage the banking application. So tool which will help us for deploying banking application is RedHat Openshift.
RedHat OpenShift
OpenShift is a tool working on both the functionality Platform as a Service (PaaS) and a Container as a Service (CaaS). Users can work easily to get the software as needs to be installed and running quickly. One-click, or entry at the command line software deployed. Applications can be implemented in any programming language we choose.
Why require RedHat OpenShift Tool for deploying the banking application
Openshift based on Kubernetes
Openshift providing a production environment run on containers. Containers are less consume compute resources. Openshift's product base is Kubernetes and Kubernetes works on the multimode cluster so openshift also working on multi-node architecture.
OpenShift Working on CI/CD pipelines
A CI/CD pipeline automates the banking application delivery process. The pipeline builds code, runs tests called continuous Integration, and safely deploys a new version of the application called the continuous deployment of the code.
OpenShift Providing availability of application
There is no downtime customers will face because RedHat OpenShift is a highly managed service.
OpenShift Providing Scaling up and Scaling Down
Openshift providing scaling facilities for the application deployment according to customer's traffic on the application.
OpenShift Providing Multi-Language Application
For deploying the application so the application can build in multiple languages openshift supports almost all the Programming Languages.
OpenShift is working as an end to end automation
Openshift is an automation tool that starts from building the application and ends to deploying the application all the tasks are automated there no need for human interaction.
Bank Hapoalim
“Red Hat OpenShift gives us the ability to not only provide better infrastructure today but also keep up with the latest infrastructure technology in the future to continue improving our costs and time to market.”
Yoni Mozes
Cloud Infrastructure Manager,
Poalim Bank
______________________________________________________________
“We used to compare ourselves to what other banks were doing. Now, we no longer care, because we have the platform we need to choose our own path. We can innovate, fail fast, embrace new technologies, and find our own way in this new era of banking.”
Dani Sela
Tech Transformation Lead,
Poalim Bank
Poalim bank for providing its service for online banking start using the application environment Red Hat OpenShift. RedHat OpenShift providing a container platform, management, and automation for quick, iterative, and collaborative development of applications.
The bank has used RedHat Enterprise Linux to provide a stable and security-focused operating system. The company starts using RedHat Enterprise Linux because of its amazing performance, high speed, smooth working, etc.
Few words from Bank Hapoalim IT guys
“We wanted a solution that could provide both on-premise and cloud support, as we are looking to cloud as part of our longer-term future plans,”
Sela
Poalim Bank
_________________________________________________________________
“Red Hat OpenShift gives us the ability to not only provide better infrastructure today but also keep up with the latest infrastructure technology in the future to continue improving our costs and time to market,”
Mozes
Poalim Bank
Hapoalim bank working with Red Hat for deployment assistance with proof-of-concept testing, guidance for adopting DevOps workflows, and technical support.
Redhat Openshift is a single tool that works on the base of Kubernetes and Openshift also working as a Jenkins tool. In a single tool performing two responsibilities managing container and maintaining CI/CD pipelines .
Overall trying to conclude to RedHat OpenShift continuous support for running banking application run with no downtime, security, scalability, 100% availability, customer satisfaction, etc. So most of the companies start adopting Redhat Openshift.
Banking application running with customer satisfaction overall increasing bank success, growth, and earning. The company wants is more customers attracted with the banking application and service.
