{"id":11287,"date":"2016-06-06T15:59:57","date_gmt":"2016-06-06T12:59:57","guid":{"rendered":"http:\/\/www.altoros.com\/blog\/?p=11287"},"modified":"2024-08-24T07:03:54","modified_gmt":"2024-08-24T04:03:54","slug":"bny-mellon-nexen-drives-digital-transformation-with-cloud-foundry","status":"publish","type":"post","link":"https:\/\/www.altoros.com\/blog\/bny-mellon-nexen-drives-digital-transformation-with-cloud-foundry\/","title":{"rendered":"BNY Mellon’s NEXEN Transforms Banking with Cloud Foundry"},"content":{"rendered":"

Table of Contents<\/p>\nToggle<\/span>

Background<\/a><\/li>
5,000 VMs and thousands of users daily<\/a><\/li>
Innovation and APIs to the fore<\/a><\/li>
Heavily invested in Cloud Foundry and OSS<\/a><\/li>
Lessons learned<\/a><\/li>
Next steps<\/a><\/li>
Want details? Watch the videos!<\/a><\/li>
Further reading<\/a><\/li><\/ul><\/nav><\/div>\n
<\/span>Background<\/span><\/h3>\n
BNY Mellon dates its roots to 1784 and is the oldest banking corporation in the United States. Today, it generates annual revenues of more than $15 billion and has $27 trillion\u2014equivalent to one-fifth of the global economy\u2014under management. More than 13,000 people work within its global enterprise IT staff.<\/p>\n
$\"\"$ <\/a>
Swamy Kocherlakota<\/small><\/p><\/div>\n
BNY Mellon has integrated Cloud Foundry into its IT infrastructure. As it seeks to digitize and transform its way of developing software and conducting business, it has created an open-source, cloud-based platform called NEXEN.<\/p>\n
Its roots run deep. \u201cWe created a Java-based PaaS in 2001,\u201d according to \r\n