We are excited to share that IBM LinuxONE Emperor 4 will be available globally on September 13, 2022, and Nth Exception clients will have the opportunity to reduce energy consumption while reaching sustainability targets. We as IBM partners are helping clients in regulated industries build a modern environment that is designed to improve business agility and reduce overall costs. 


Banks globally are in the process of complying with the ISO 20022 deadlines which start in November 2022 primarily because, after forty years, SWIFT MT is beginning to show its age. SWIFT MT was designed at a time when storage and bandwidth cost more than they do today, so emphasizes brevity over completeness or readability of data. It predates the emergence of anti-terrorist financing regulations, which require payments to be screened against sanctions lists, and the development of ‘big data’ technology, which can extract meaningful business intelligence from transaction data.


Earlier this year, we introduced Pamir - ISO 20022 MGT to the banking community, it taps into the computing power and resources of the IBM z Systems and IBM LinuxONE platform to help drive business transformation and govern critical Governance, Risks and Compliance aspects of ISO 20022 migration.


Key highlights of the cloud native Nth Exception platform include:


✓ ISO 20022 messages are stored in a native ISO 20022 & JSON format.
✓ Long-term, permanent, internal archive (7 years) of MX and MT message pairs.
✓ Real-time, always-available access for operational and compliance teams to search, query and report from this archive, across MT and MX message sets.
✓ Transparency and opportunities for automation and machine learning, on MX data.

Hybrid cloud approach provides flexibility for the financial services industry


Nth Exception’s ISO 20022 MGT enables banks and financial institutions to comprehensively enforce ISO 20022 related payments governance through detailed tracking of scheme and message level implementations, mitigating the risk of data loss & truncation as messages pass through multiple channels, thereby complying with the requirements of regulators. Banks and financial institutions can also track the reasons for truncation and aim to resolve the same during migration journeys. 


IBM’s hybrid cloud approach on IBM z Systems and IBM LinuxONE with Red Hat® OpenShift® allows businesses the flexibility to decide where to deploy workloads, on-premises, on private or public cloud.


IBM LinuxONE Emperor 4 


According to an IBM IBV study, almost half (48 per cent) of CEOs surveyed across industries say increasing sustainability is one of the highest priorities for their organization in the next two to three years. However, more than half (51%) also cite sustainability as among their greatest challenges in the next two to three years, with lack of data insights, unclear ROI, and technology barriers, as hurdles. 


The new IBM LinuxONE Emperor 4 is an enterprise server designed to help reduce energy consumption. Consolidating Linux workloads on five IBM LinuxONE Emperor 4 systems instead of running them on compared x86 servers under similar conditions can reduce energy consumption by 75%, space by 50 per cent, and the CO2e footprint by over 850 metric tons annually.[1] Integrations with energy monitoring tools on the server also enable clients to track energy consumption 


Built on the IBM Telum Processor, IBM LinuxONE Emperor 4 is a Linux platform that supports data serving, core banking and digital assets workloads. IBM LinuxONE Emperor 4 is a platform of choice for organizations that value sustainability and security.  


Ecosystem Partners with IBM


As a part of the IBM Ecosystem, Nth Exception is helping companies unlock the value of cloud investments by implementing the tools and technologies that can help them succeed in a hybrid multi-cloud world. We are excited to be working closely with the IBM ecosystem to bring new innovations to our clients. 


Based on Linux, customers can benefit from open standards and an ecosystem that LinuxONE offers including modern DevOps and a variety of popular software. This can also help to remove operational barriers when customers deploy and manage technologies on cloud-native infrastructure.

 

You can find additional resources about IBM LinuxONE Emperor 4 and IBM below:


      Learn more about LinuxONE

      Learn more about Nth Exception

      Learn more about IBM



[1] Disclaimer: Compared 5 IBM z16 Max 125 model consists of three CPC drawers containing 125 configurable cores (CPs, zIIPs, or IFLs) and two I/O drawers to support both network and external storage versus 192 x86 systems with a total of 10364 cores. IBM z16 power consumption was based on inputs to the IBM z16 IBM Power Estimation Tool for a memo configuration. x86 power consumption was based on March 2022 IDC QPI power values for 7 Cascade Lake and 5 Ice Lake server models, with 32 to 112 cores per server. All compared x86 servers were 2 or 4 socket servers. IBM Z and x86 are running 24x7x365 with production and non-production workloads. Savings assumes a Power Usage Effectiveness (PUE) ratio of 1.57 to calculate additional power for data centre cooling. PUE is based on Uptime Institute 2021 Global Data Center Survey (https://uptimeinstitute.com/about-ui/press-releases/uptime-institute-11th-annual-global-data-center-survey). Due to the technical equivalence, the results are also valid for LinuxONE Emperor 4 Max 125 systems.