In today's competitive banking landscape, financial institutions face unprecedented challenges in modernizing their core systems while maintaining security, reliability, and compliance. The partnership between IBM LinuxONE and Tech Mahindra offers a compelling solution that addresses these critical needs.
IBM LinuxONE: The Foundation for Modern Banking
IBM LinuxONE, is an exceptional choice for banks due to its robust security features, scalability, cost efficiency, and high availability. The platform offers hardware-based security and encryption for data at rest and in transit, making it a preferred solution for industries like finance,healthcare, and government.
IBM LinuxONE's scalability allows it to process billions of transactions with unwavering performance and support thousands of virtual machines, enabling banks to adjust resources as needed.
IBM LinuxONE has integrated AI accelerator while also providing a secure, scalable, and high-performance platform for running AI applications, especially those involving large datasets and complex models. Its strengths include on-chip AI accelerators, robust security features, and the ability to co-locate AI models with mission-critical data, leading to faster inference and improved business insights.
Moreover, IBM LinuxONE's energy-efficient design helps organizations reduce their carbon footprint by consolidating workloads into fewer servers, contributing to a more sustainable future while optimizing costs. The platform's resiliency features ensure continuous uptime, with IBM claiming 99.999999% system availability, which is significantly higher than most other systems1.
In terms of cost efficiency, IBM LinuxONE's pricing model is designed for efficiency, as consolidating multiple workloads onto a single platform reduces costs associated with hardware, software, and maintenance. This consolidation not only streamlines operations but also frees up valuable resources for innovation.
Tech Mahindra: Banking Domain Excellence
Tech Mahindra brings its extensive banking domain expertise and implementation services to this partnership. With decades of experience in core banking transformations and a global delivery footprint, Tech Mahindra provides end-to-end services including:
- Banking system architecture and design consultancy
- Core banking migration and implementation
- Integration with existing banking ecosystems
- Core banking & peripheral system testing services
- 24/7 managed services and operational support
- Regulatory compliance and security governance
Why This Partnership Matters for Banks
Together, these industry leaders offer banking clients a comprehensive solution that delivers several key advantages:
- Cost Optimization: Consolidated infrastructure reduces operational expenses while improving workload efficiency.
- Enhanced Security: Enterprise-grade security protects against evolving cyber threats and helps meet compliance requirements.
- Scalability: The ability to scale vertically and horizontally ensures banks can handle transaction volume growth without extensive hardware investments.
- Modernization Pathway: Banks can adopt modern technologies while preserving their existing investments and minimizing migration risks.
- Time to Market: Pre-integrated solutions and tested migration frameworks accelerate implementation timelines.
For banks seeking to modernize and optimize their core infrastructure while minimizing risk, the IBM LinuxONE and Tech Mahindra partnership represents a strategic alliance that combines cutting-edge technology with proven implementation expertise—ultimately helping financial institutions remain competitive in an increasingly digital banking environment.
Transform Your Banking Experience with IBM LinuxONE and Tech Mahindra
Is your bank prepared for the future of banking? The strategic partnership between IBM LinuxONE and Tech Mahindra offers the unparalleled security, scalability, and operational efficiency essential to thrive in today’s competitive market. Seize the opportunity to learn how this powerful collaboration can revolutionize your banking operations.
To know more: Visit us at our booth at IBM Think or contact us directly to discover how IBM LinuxONE and Tech Mahindra can position your bank for success in an ever-evolving landscape.
Contact us at:
Tech M: Contact details
NAVIN DULANI <navin.dulani@techmahindra.com>
MANOJ BHATIA <monoj.bhatia@techmahindra.com>
IBM: Contact details
SARAN BOMMAKANTI <saran@us.ibm.com>
AMIT SINGH <singh.amit@in.ibm.com>
Claims
Claim: 1Increase operational efficiency for industry-leading availability, designed for 99.999999%
Disclaimer: IBM LinuxONE Emperor 5 systems, with GDPS, IBM DS8000 series with HyperSwap and running a Red Hat OpenShift Container Platform environment, are designed to deliver 99.999999% availability. Scalable, Power Efficient, Secure AI on LinuxONE1