Heritage Bank Builds Automation Skills with Red Hat Open Innovation Labs

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Customer success snapshot Heritage Bank builds automation skills with Red Hat Open Innovation Labs Heritage Bank is Australia’s largest customer-owned bank, with more than 60 branches in south- ern Queensland and a network of mortgage brokers in every state and territory in Australia. Challenge Heritage Bank’s strategic goal is to transform from a locally focused bank to a well-known digital financial institution. To achieve this, the bank sought to modernize its IT systems, build staff skills on new approaches and technologies, and deliver services faster to customers. Industry Path to innovation Financial services To plan its digital transformation, Heritage Bank engaged Red Hat Open Innovation Labs, a col- laborative residency. During this engagement, the bank’s infrastructure and development teams Watch the video worked with Red Hat consultants to learn how to improve business processes with workflow automation. Staff from these disparate teams worked side-by-side with each other and https://red.ht/2kgXWI1 Red Hat to create a workflow prototype and ideas for future projects. Business outcomes After Open Innovation Labs, Heritage Bank’s teams offer weekly software demonstrations and delivery to product owners and have developed modern, automated loan processes. As a result, the bank’s teams delivered its new real-time payment platform for the nationwide New Payment Platform (NPP) 10 months earlier than the average financial institution in Australia. “The Red Hat lab is the only one that truly helps drive that change with a business problem. The success of this experiment has pushed us to go full steam with Red Hat.” Wayne Marchant Chief information officer, Heritage Bank redhat.com/en/success-stories facebook.com/redhatinc @redhat linkedin.com/company/red-hat redhat.com Copyright © 2019 Red Hat, Inc. Red Hat, Red Hat Enterprise Linux, the Red Hat logo, and JBoss are trademarks or registered trademarks of #F18506_0819 Red Hat, Inc. or its subsidiaries in the United States and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries..

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