About the Client

The Client is one of the Leading banks in Europe. Being responsible for the financial control of the Spanish Market, the bank wanted to migrate its existing legacy application to a modernized environment.

Business Challenges

Current mainframe products developed using COBOL/DB2 were monolithic & time-consuming to implement new features
The technologies were very difficult to support as application SMEs were no longer available. This lead to more and more dependency and risk on obsolete technologies
The maintenance and evolution of such products were becoming difficult and expensive

Business Solution

Royal Cyber team worked with the client, and the UniqueSoft code Conversion tool & Microsoft Azure platform were chosen after evaluating technical feasibility and commercial benefits
UniqueSoft code conversion tool is used for converting the Mainframe components to Java/Groovy language
Project included redesigning Monolithic Java code in a microservice based architecture
The Azure on-prem solution provided a way to run apps in an on-premise environment and to deliver Azure services

Key Outcomes

Cost Reduction

ROI recognized after 2nd year and 30% year-on-year savings

Performance Gain & Profitability

75% Profitability with onboarding of new accounts

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