July 31, 2013 | Written by: Carol Marting
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Think back on the things you did last week. For most of us, that list probably includes grocery shopping, watching a little TV and doing some banking. Now think: how many of those things did you do online?
The further internet connectivity extends around the globe, the higher our expectations of e-commerce are becoming. This is especially true for the banking industry, where always-on, 24/7 availability is no longer considered a value-added luxury, but a basic expectation.
For the Credit Unions System for Brazil (Sicoob), realizing its goal of becoming the primary provider of financial services to its members meant finding a way to satisfy their appetite for mobile-ready, self-service functionality.
Working in partnership with IBM, Sicoob migrated its business-critical services into a private cloud environment based on a brand new IBM System z mainframe – enabling the rapid development and deployment of new business services.
Using the new cloud platform, the organization successfully harnessed an explosion of consumer interest in self-service banking – growing its internet banking by 200 percent and mobile banking by 600 percent. What’s more, by using the IBM System z platform instead of a distributed environment, the organization has avoided consuming an additional 6 million kWh of electricity each year – representing 270 tons of CO2 emissions, or USD 1.5 million.
To enable comprehensive decision support for its senior managers, Sicoob rolled out IBM Cognos Business Intelligence software on the System z platform. Using analytics dashboards for business revenue, credit data and loan risk assessments, the organization can provide its decision-makers with the timely, accurate insights they need to make smarter business decisions.
To find out more about how IBM delivered the availability, performance, security and scalability that Sicoob needed to grow its business, check out the IBM Smarter Computing case study.
To get the inside track on the IBM solution from Ricardo Antonio, CIO at Sicoob, watch the IBM video below:
For a humorous insight into the potential health benefits of IBM System z, watch the video interview with Marcos Vinicius, Manager – Technology Infrastructure at Sicoob: