Genuity Group

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Case Study - Modernizing Legacy Applications to Extend Useful Life of Critical Systems for a Major National Bank

Situation

Sr. Vice President, Business Operations for a major US consumer banking institution with 2,700 offices and assets of over $320 billion.

Critical Issue

The company’s current system was unable to provide sufficient support for an aggressive corporate national growth and expansion plan. There was considerable anxiety that the only remedy to the problem was an unbudgeted investment of millions of dollars in new equipment, software, and training, not to mention significant delays added to the implementation timetable.

Reason

Modernization of mainframe COBOL software platforms became critical to supporting these initiatives. The modernization initiative required qualified technical resources with experience and knowledge in key applications. The vendor’s resources were limited, and the company’s efforts to recruit and hire specialized mainframe application resources had proven time consuming and unsuccessful. The applications were very specialized and there were limited mainframe resources in the industry.

Vision

He said he needed help in creating a Resource Modernization Strategy to select, hire, and develop a mainframe resource team. He needed a full scale development program model to train, develop, and mentor the resources to become proficient with the company’s application systems, operation and methodologies. Such a strategy must include the creation of an out of state division vs. consolidation into the corporate IT offices, yet operationally integrated with company’s corporate structure.

We Provided

We provided them with his capability and assisted in implementing it.

Result

We successfully completed the Modernization of their mainframe applications and developed a long term resource base to support the infrastructure. This model proved to be so successful, that the company has expanded the model to other system applications.

 

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Genuity Group, LLC • 1991 Main Street, Suite 248 • Sarasota, FL  34236  •  Phone: 941-365-8100 • Fax: 941-955-1900