SBS Partners with Red Hat to Drive Hybrid Cloud Transformation in Banking Sector

SBS, a leading provider of financial technology solutions, has announced a strategic partnership with Red Hat, the world’s premier enterprise open-source solutions provider, to drive the modernisation of banking operations through scalable, cloud-native architectures. 

This collaboration aims to support banks and financial institutions in embracing hybrid cloud environments, offering them a secure and flexible approach to modernising software deployment and scaling capabilities while ensuring compliance and security standards are met. By leveraging Red Hat’s industry-leading hybrid cloud application platform, Red Hat OpenShift, SBS is set to enhance the cloud-agnostic strategies available to financial institutions. 

SBS, which has a strong presence in over 80 global markets, is renowned for delivering financial technology solutions tailored to meet the complex regulatory requirements of each region. The company will integrate Red Hat OpenShift into its suite of services to enable clients to seamlessly combine on-premise and public cloud systems, ensuring data security and integrity. 

In line with its commitment to customer-centric support, SBS will provide localized technical assistance, ensuring that its Red Hat OpenShift support is culturally and linguistically attuned to the needs of its clients. The collaboration builds upon the long-standing relationship between SBS’s parent company, Sopra Steria, and Red Hat, further solidifying their position in the European market as a Red Hat Premier Business Partner. 

SBS CEO, Eric Bierry, stated, “This partnership underscores our commitment to supporting clients through their digital transformation journeys. With Red Hat OpenShift, we offer a cloud-agnostic strategy that addresses security and compliance, crucial for financial institutions that are navigating the complexities of cloud migration.” 

Penny Philpot, EMEA ecosystems vice president at Red Hat, added, “We are excited to collaborate with SBS, who has deep engagements with financial services institutions, to help them modernise their infrastructures and meet the evolving needs of the financial sector with enhanced flexibility and scalability through Red Hat OpenShift.” 


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