Last year we announced the availability of our CPLEX mathematical solver on IBM mainframes called z Enterprise. Since then we have seen financial institutions use it in various ways. This article by my colleagues Aimee Emery-Ortiz, Ferenc Katai, and Sofiane Oussedik review some of these use cases.
The paper provides some insights on how CPLEX can be used on mainframe to address banking and finance IT challenges. Not only some business operations need to be optimized, but this has to be done while maintaining... [More]