CORRECTING and REPLACING Intersistemi Helps Leading Italian Bank Save €3m with PL/I Application Migration
Please replace the release with the following corrected version due to multiple revisions.
The corrected release reads:
INTERSISTEMI HELPS LEADING ITALIAN BANK SAVE €3M WITH PL/I APPLICATION MIGRATION
Micro Focus Server Enterprise Edition for PL/I enables move of key systems from shared mainframe to dedicated Windows Server in less than ten months
It’s estimated that organizations running PL/I applications on IBM® mainframes are spending in excess of $1 billion per annum in operating costs. As a result, enterprises are looking for alternatives to deliver the same business capabilities for less while retaining the existing intellectual property built into the PL/I applications. Micro Focus (LSE: MCRO.L), the leading provider of enterprise application modernization, testing and management solutions, today announced that Intersistemi Italia S.p.A., has successfully completed a major project for a leading Italian bank to migrate a suite of banking applications from the parent group’s mainframe in order to save an estimated €3 million in charges over the next three years.
Such savings were possible because the migrated applications utilized mainframe technologies such as IBM IMS-TM™, IBM IMS-DB™ and several other third party technologies involved within the bank’s portfolio. By moving these applications to Windows®, the bank no longer needs to pay a proportion of the costs for these technologies, which the parent group pays for based on the size of the entire mainframe.
By utilising Micro Focus Server Enterprise Edition for PL/I, Intersistemi helped the bank migrate several applications. These included customer administration, contract management and documentation printing applications, as well as core management systems including financial management and market analysis, and dynamic transaction processing management. The applications comprised of several hundred programs and over 1.1 million lines of PL/I code which had evolved over decades. Themigration process took just eight months from project kickoff to start of system testing, with applications promoted to production and delivering value some five weeks later.
According to Giovanni De Reti, Intersistemi’s Business Unit Finance, Manufacturing and Services Director: “If the bank had kept the applications that used IMS on the group mainframe, they would have had no choice but to invest a significant sum over the next three years in the mainframe IMS technology. Once we knew that Micro Focus was extending its proven capabilities for migrating COBOL applications to those written in PL/I, we recognized that this would be the perfect solution for the bank. As soon as we explained how straightforward the process would be and the kind of return that they could expect, the bank immediately saw the advantages the solution would deliver over any other alternatives. The high degree of compatibility the Micro Focus solution offered, compared with the banks original technology environment, meant fewer changes, less risk and delivery in a very short period of time.”
“The key to the success of this project was being able to reuse what was a significant amount of tried and tested PL/I code,” said Andy Sinclair, Senior Product Director at Micro Focus. “The project was completed on schedule because Intersistemi could focus on system integration aspects rather than rewriting or replacing applications that were working just fine; it was simply the operating costs that were the problem.”
Micro Focus Server Enterprise Edition is the only integrated cross platform PL/I system migration product on the market. It enables the bulk of PL/I application code to be migrated without change and provides support for COBOL and all other key IBM® mainframe subsystems used by PL/I applications. Having this full range of language and subsystems support on Windows Server®, Linux and UNIX is essential when migrating PL/I systems as it reduces risk, a key factor for all organizations considering migration.
To find out more, see the Intersistemi case study.
Notes to Editors
Associated Press Releases
For information on Micro Focus’ PL/I application migration capabilities, visit: http://www.microfocus.com/pli
Or visit us at booth 28 at HP Discover in Vienna to see the first public product demonstration: https://h30406.www3.hp.com/campaigns/2010/events/discover/vienna/index.php
About Micro Focus
Micro Focus, a member of the FTSE 250, provides innovative software that allows companies to dramatically improve the business value of their enterprise applications. Micro Focus Enterprise Application Modernization, Testing and Management software enables customers' business applications to respond rapidly to market changes and embrace modern architectures with reduced cost and risk. For additional information please visit www.microfocus.com.
Intersistemi Italia S.p.A. was established in 1987 to focus on the Italian Information Technology market. With headquarters based in Rome, it now has regional subsidiaries in Florence, L’Aquila, Milan, Terni, Turin, Padua and Sassari, and international subsidiaries in Switzerland, Turkey and Saudi Arabia . Intersistemi’s revenue in 2009 was €11.3 millions. With over 200 technology specialists amongst its workforce; 93% of whom are dedicated to the software factory, the company has established its strong market position by focussing on evolving technologies designed to meet the needs of today’s market. Intersistemi has gained a reputation for delivering a high level of service and quality to all projects it becomes involved with. For further information see: http://www.intersistemi.it/.
Kim Karelis, 617-226-8844
Laura Stiff, + 1-650-691-3153
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here