Case Study: Deutsche Asset Management Achieves $7 million Annual savings with Mainframe Modernization
Astadia migrates application portfolio from z/VSE & Adabas-Natural to .NET.
A success story from Astadia, an Amdocs company.
Deutsche Asset Management is one of the world’s leading investment management organizations, bringing access to the world’s financial markets and delivering solutions to clients around the globe. The company represents the asset management activities conducted by Deutsche Bank AG and its subsidiaries. It offers individuals and institutions traditional and alternative investments across all major asset classes. The company has migrated its application portfolio from z/VSE and Adabas & Natural to .NET.
Results: $7 million annual cost savings
The Project
The company was looking for a solution to migrate from the older mainframe environment to a modern client server architecture. Following the bank's business strategy, the idea of the re-hosting and conversion was compared with other possible alternatives and chosen as the best approach. The project was implemented together with Anubex, now part of Astadia – an Amdocs company, and took 22 months to complete.
"We are very proud that we successfully delivered the largest project for this environment ever. After the successful migration of the last subsidiaries, the new environment is very stable and performs well. The business is running as usual which is the best outcome a project like this could have."
Modernization & cost reduction
The mainframe system migration offered the bank the opportunity to move its mission-critical applications to a state-of-the-art architecture.
"Beside the cost reduction of about 4 million Euro per year, Deutsche Asset Management now has a modern platform and all future options."
The project involved modernizing two mainframe systems and their six subsidiary systems. The team moved all applications from the legacy mainframe (z/VSE) environment to a modern, virtualized Windows Server platform.
During this transition, they:
- Replaced the old Job Control Language (JCL) with Windows PowerShell scripts
- Converted Natural programming language applications to C#
- Transferred 5 terabytes of data from the Adabas database to SQL Server using Treehouse Software's migration tools
- Updated the Entire-X system to use COM (Component Object Model) architecture
"We are extremely happy that Deutsche Bank, after a detailed market study entrusted us with this project, although we did not have a single reference yet for this particular technology mapping at that time. They recognized however our deep understanding and experience of migrations, and saw that we were best placed to deliver."
"We are very proud of the whole team that collaborated on this project, and I want to thank Anubex, since they went beyond mere migration and conversion work: they took ownership and were at our side during the entire project."
Solution benefits
- Minimal risks
- Minimal change management
- No business interruption
- Project with a short duration
- No user re-training, as the migrated application is functionally equivalent to the original application
Need advice on your digital transformation project? As part of Amdocs, Astadia continues to deliver successful mainframe modernization projects for leading financial institutions worldwide.
Get in touch with our experts and learn how we can help your organization migrate business applications in a seamless, automated process.
