Mission critical workloads in Banking & Financial Markets, and in particular in Tiers-1 Banks, sits "essentially" on Mainframe systems, and more precisely on Cobol – CICS – DB2. When I claim "essentially", I mean that more than 75% of their core-banking systems (Account Mngt, Loans, Collections, Payment engines…) run on Z.<o:p></o:p>
There are multiple ongoing discussions with clients (IT teams in general) about how to modernize in a fit-for-purpose manner functional components that could get benefit of this modernization.<o:p></o:p>
We need to keep in mind that clients (in B&FM) are not looking to leave the mainframe but how to leverage modernization techniques in situ (API exposure, Data Access, ML on Z, Cobol to Java with interoperability to be executed on the z : Linux on z, LinuxOne...)<o:p></o:p>
GenerativeAI and Watsonx code assistant create opportunities in that direction, but we (IBM) have to be very pragmatic on how to leverage such a solution for regulated industries and strong needs for Operational Resilience.<o:p></o:p>
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Christophe Sorre
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Original Message:
Sent: Mon November 13, 2023 05:00 AM
From: Heidi Schmidt
Subject: Mission-critical workloads on IBM Mainframe?
What role does the IBM mainframe play in your company's mission-critical workloads today?
#mainframe#workloads
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Heidi Schmidt
CEO
PKS Software GmbH
Ravensburg
+49 751 56140 229
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