Axis Bank transitions to microservices and multi-cloud technology to be future-ready

In an increasingly competitive environment, financial institutions strive to provide a seamless, innovative and personalised service to their customers, but are often challenged by their legacy infrastructure that fails to sustain the requisite scale, efficiency and speed. Future success demands banks to strategically rethink their back-end technology.

Axis Bank, India’s third-largest private sector bank by assets, is embarking on a transformation journey that rearchitects its technology foundation and primes its digital channels for future business growth. Avinash Raghavendra, the bank’s president and CIO, discusses recent key initiatives and how the bank is striving to be future ready with the help of Red Hat Openshift.