Norwegian security depository deploys Red Hat OpenShift Enterprise

Red Hat

Red Hat today announced that Verdipapirsentralen ASA (VPS), Norway’s national Central Securities Depository, has deployed a private, on premise Platform-as-a-Service solution based on OpenShift Enterprise by Red Hat.

Red Hat OpenShift Enterprise is installed to accelerate the development and delivery processes within the organization’s existing IT infrastructure. Moreover, the solution is aimed to enable a higher level of operational efficiency across their development, test and production environments.

“Our collaboration with Red Hat and use of OpenShift Enterprise enables us to balance the need for a highly secure and trusted infrastructure with the need for a platform which can truly accelerate innovation and support us in our ambition to transform IT,” said Jarl L. Bruvoll, head of IT infrastructure, VPS.

VPS is the only centralized securities depository in Norway. It provides and manages the critical infrastructure and services for securities transactions and ownership registration for shares, bonds, equity certificates, and funds.

VPS services are done through a network of investment banks, brokers, banks and fund management companies who operate the individual accounts and regulate day-to-day access.

Red Hat said, with Openshift Enterprise, VPS can design, install, configure and integrate the private PaaS with its existing open source server infrastructure. OpenShift Enterprise also enables VPS to scale-up on demand, while handling peaks through automated processes to minimize downtime.

In August, Red Hat has launched Red Hat Enterprise Linux OpenStack Platform 7 with new deployment and management tool.

Arya MM

[email protected]

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