Mainframe Hybrid Cloud Enablement in Banking

This document is a technical report that outlines the benefits and challenges of implementing mainframe hybrid cloud solutions in the banking sector. It describes how Hogan Banking Suite has been utilized by over 40 banks to process significant amounts of deposits, emphasizing the importance of data security and compliance. The report details the advantages of hybrid cloud enablement, including improved business agility, scalability, and operational efficiency. It also addresses the challenges faced by banks, such as skill shortages, compliance issues, and the need for strategic alignment between IT and business objectives. The report highlights the role of DevOps in enhancing agility and the necessity of adopting open cloud standards for interoperability. Additionally, it discusses the impact of hyper-automation and advanced analytics on customer engagement and operational success. The document concludes by stressing the importance of a collaborative approach to overcome obstacles and leverage the benefits of mainframe hybrid cloud solutions.