A document from Rackspace Technology, titled 'RackConnect: Delivering Secure and Scalable Hybrid Cloud for Modern Banking', explores the complexities financial institutions face in managing hybrid cloud environments, particularly concerning security, compliance, and cost efficiency. It introduces RackConnect Global, a secure private network designed to unify and simplify diverse cloud topologies, including public, private, and legacy systems. The solution aims to reduce latency, improve network performance, and significantly cut hyperscaler egress costs by up to 80%. RackConnect Global helps mitigate data security risks and adhere to strict regulatory requirements by keeping sensitive data off the public internet and providing standardized management, immutable backups, and robust reportin

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