The acquisition consolidates Ori's leadership position in intelligent application orchestration across distributed clouds.
Digital Challenges for the Financial Services Industry
Across the financial services industry, competition is rising at an unprecedented pace while growth is subject to stringent industry regulations.
While underlying infrastructure modernisation is key, these same enterprises also need to modernise their legacy applications — many of which still run on mainframes — in order to be more agile and bring new digital services to market.
Staying relevant within the financial industry requires constant innovation. Enterprises require accelerated performance and workload flexibility required to stay ahead to deliver new services. As a result, enterprises are transforming their digital capabilities, leveraging the latest cloud-native technologies across compute, storage, and networking to deliver better experiences for their customers. While underlying infrastructure modernisation is key, these same enterprises also need to modernise their legacy applications — many of which still run on mainframes — in order to be more agile and bring new digital services to market.
Regulatory Requirements and Data Security
Intel® helps enterprises meet the increasing demands of the evolving global regulatory environment. Financial services need to keep information secure and private as innovation accelerates. Intel® makes this possible with hardware-based security features, enabling banks to use encryption efficiently & effectively.
In turn, Ori supports multi- and hybrid-cloud by default, meaning enterprises can comply with stricter cloud and vendor outsourcing obligations. This helps them meet their requirement to fulfil the expectations of the market, governments, and regulators, by streamlining DORA compliance in the EU and Bank of England (BoE) SS1/21 & SS2/21 regulations in the UK, while bringing operational resiliency to their application deployment lifecycle.
Delivering Seamless Customer Experiences
While Intel® is best known for their hardware, they also invest significantly in optimising products with the largest cloud providers and commercial software vendors. Intel® has been working with financial services companies for decades to help them address their most complex challenges.
Ori understands the importance of digitising at faster speeds: it’s key to limit software refactoring and customising for every infrastructure environment across an enterprises’ cloud and on-premises portfolio. Ori Global Cloud makes failovers a thing of the past: IT teams no longer need to build every container to be self healing, they can leverage a platform that does this for them.
The result is that Intel® offers edge to cloud technologies that operate seamlessly and meet changing customer expectations. Ori gives enterprises the control to extend their cloud-native application deployments, and improve developer productivity by allowing enterprises to develop, deploy and scale applications faster. This means any workload can run the same way in any environment, and deployed seamlessly allowing applications to scale to any scale.
This cuts down friction for enterprise applications by delivering accelerated time to market. Facilitating container orchestration across Kubernetes environments allows Financial Service Institutions to automate infrastructure cost savings, and instead focus on scaling and securing their increasingly distributed customer data.
Find out more
The Ori Global Cloud platform is designed to connect cloud estates and modern applications through a single control plane, allowing rapid deployment to any cloud, any time, with dynamic decision-making to orchestrate workloads.
Intel® is helping accelerate the journey to connected, digital operations that reduce risk and enhance the customer experience. In turn, Ori helps enterprises embrace greater operational resiliency across a global platform that unlocks the power of distributed cloud infrastructure.
In 2020, Intel® announced Ori Industries as a recipient of the Intel® Network Builders Winners’ Circle Award for its Global Cloud offering. Ori Industries was selected as an Intel® Solution Partner in the Intel® Network Builders ecosystem, which accelerates network transformation by connecting all the players driving new solutions to the market, including service providers, end users, infrastructure, software, and technology vendors.