Platform Engineering Team Leads Workload Migration Effort At Singapore Exchange
Platform Engineering, Friday, October 17th, 2025
The Singapore Exchange (SGX) has launched an application migration initiative that involves shifting workloads to Kubernetes to reduce its dependencies on virtual machines from both VMware and Red Hat.
The global provider of a platform for trading stocks and other financial instruments is wrestling with two core challenges pertaining to virtual machines. In addition to increased VMware costs stemming from licensing changes implemented by Broadcom, Red Hat has also announced end-of-life support for its virtualization platform based on kernel-based virtual machines (KVMs) as part of an effort to encourage its customers to migrate to the Red Hat OpenShift platform.