MUFG Bank, Red Hat, IBM Japan ink AI pact covering mainframes

Mitsubishi UFJ Bank has been working on development modernization and operational sophistication through Mitsubishi UFJ Information Technology. This partnership builds on those efforts to evolve toward a new development and operations model premised on AI technologies. The collaboration integrates multiple ongoing initiatives and projects into its framework to accelerate demonstration and implementation.

The background is that while advanced customer needs and faster service delivery drive competitiveness in finance, financial systems have grown complex over many years, requiring large human workloads across development, operations, and maintenance. Balancing agility with quality and improving operational efficiency have become key management challenges. The partnership aims to break away from traditional development methods that require significant effort to maintain and operate existing services.

IBM Japan's AI Lab will participate in multiple system development projects, including Mitsubishi UFJ Bank's core banking system modernization project, to jointly implement AI-driven system development. Red Hat will co-promote standardization of new development methods based on AI-driven development across its hybrid cloud platform, covering AI use in both public cloud and local environments while considering security and governance requirements.