Share this article ARMONK, N.Y., April 7, 2021 /PRNewswire/ -- IBM (NYSE: IBM) today announced that the general availability of the industry's first financial services-ready cloud platform, IBM Cloud for Financial Services, now including the support for Red Hat OpenShift and other cloud-native services. First revealed in 2019, the IBM Cloud for Financial Services was designed in collaboration with Bank of America. Since then, IBM has built a cloud environment capable of supporting the needs of the financial services industry for their mission-critical workload and data protection, with our compliance capabilities and industry-leading security 1. The IBM Cloud for Financial Services is designed to help to reduce risk for financial institutions, their partners and FinTechs, and innovate quickly with built-in controls that are adhered to by the entire ecosystem.