Industry

When modernization works: How Finanz Informatik transformed its business

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Modernization works Finanz InformatikGlobal enterprises recognize the need to transform, but often hesitate to move forward on modernization projects due to the and convincing internal stakeholders that change is not as daunting as imagined.

Finanz Informatik, a banking services firm based in Germany, realized immediate value from its modernization project and instituted a culture of change inside the organization.

The challenge

The need to modernize to achieve greater business agility was limiting growth for Finanz Informatik. A homegrown set of outdated scripts tied to its database had created a complex world not suitable for cloud infrastructure, resulting in error-prone automation and too many manual processes.

The plan

Finanz Informatik business leaders decided to modernize their infrastructure and applications by migrating existing WebSphere ND applications to run in a lighter, more flexible and more easily scalable WebSphere Liberty environment.

This seemed like a daunting process for a regional bank with 58 groups, each with its own complete set of apps, for a total of 50,000 Java virtual machines (JVMs) running on 3,000 installations. Finanz Informatik first used IBM technology to ensure the project was feasible for its complex applications and specific challenges, then worked with IBM to identify and close gaps.

The value

The team included representatives from Finanz Informatik, the local IBM Cloud service unit and IBM Support. The team successfully migrated traditional WebSphere ND applications to the lightweight, flexible and reliable WebSphere Liberty runtime over an 18-month period, achieving the following business goals:

  • Greater flexibility and around-the-clock availability of applications
  • Lowered costs
  • Simplified management
  • A clean separation of ownership to better comply with the EU General Data Protection Regulation (GDPR)
  • Full automation and control of the deployment process
  • A modern and reliable server for building future software solutions
  • A smooth rollout without major product issues to make change seem less foreboding inside the organization

What’s next

Modernization of existing applications is the next big wave. Based on our experience, the top priority for enterprise digital transformation is modernizing existing mission-critical apps. Those that successfully do are seeing real benefits in the form of greater agility and readily accessible data needed to create new insights more quickly.

Hear from peers at Think 2019

Learn more about how Finanz Informatik succeeded in its journey to cloud. Register for Think 2019 and check out the session, “How Finanz Informatik Achieved Business Agility with IBM WebSphere Application Server Liberty”on Wednesday, 13 February from 5:30 PM to 6:10 PM.

Register to join peers from top enterprise organizations at a full-service “Speed Networking” breakfast during Think 2019 at the City Club on Thursday, 14 February from 8 AM to 10 AM. IBM Hybrid Cloud is hosting the event to facilitate peer conversations about the greatest challenges organizations face when modernizing the enterprise.

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