Rapid changes in financial technology are constantly putting pressure on the global banking industry to adapt and focus on consumers' needs. In this context, Citibank was looking for ways to increase competitiveness by reducing costs and making better use of the IT infrastructure.
In order to achieve these goals, the bank chose to keep business applications on the mainframe platform and migrate with Astadia Europe (Anubex) using an automated software language translation from Natural to COBOL and CICS with DB2.
The process entailed over 8 million lines of Natural code in production at various branches of the bank in 15 countries to Enterprise COBOL. The developers in charge of the Natural system are now able to maintain the transformed code using leading, modern development tools like Eclipse.
A key parameter of this project was the challenging timeframe in which the customer needed to go live. This made the use of automated transformation and testing tools crucial, otherwise the bank would have had to produce over 25.000 lines of fully tested, working code per day during a period of twelve months.
Even with 150 programmers, such productivity is unheard of. Having an effective process and powerful tools to automate the transformation was the only way to make spectacular savings in both time and cost possible.
The entire project took 20 months to complete with no more than 30 IT experts at both Astadia and Citibank working together to bring the project to a successful conclusion. The company achieved significant cost savings and a ROI within less than 2 years after completing the project.
Some of the benefits of our approach and tools include:
Need advice on your digital transformation project? Get in touch with our experts and learn how we can help your organization migrate business applications in a seamless, automated way.
Citibank is the consumer division of financial services multinational Citigroup, founded in 1812 as the City Bank of New York. Read more at www.citi.com.
How the system operating costs of a major US-based media company dropped from $1 million to $100,000 annually.
With Astadia’s help, the A&M System successfully preserved its investments in the Financial Accounting Management Information System while reducing operating costs, easing its hiring constraints and increasing organizational agility.
Get in touch with our experts and find out how Astadia's range of tools and experience can support your team.contact us now