Mainframe

The financial industry has witnessed a seismic shift in recent years, driven by rapid technological advancements. The evolution of banking technology has transformed traditional financial services, paving the way for digital banking and the rise of fintech. In this ever-changing landscape, Mainframe as a Service (MFaaS) emerges as a crucial enabler, accelerating innovations and ensuring that digital banking and fintech enterprises remain at the forefront of the industry. Understanding Mainframe as a Service (MFaaS) Mainframe as a Service (MaaS) is a cloud-based solution that offers mainframe computing power, storage, and other resources on demand. By abstracting the complexities of managing physical mainframes, MFaaS provides organizations with a streamlined, cost-effective, and scalable platform to support mission-critical applications. MFaaS’s strategic advantage lies in its ability to integrate seamlessly into modern IT infrastructures, providing the robustness of mainframe computin...

Mainframe systems, often the backbone of crucial business functions, require specialized disaster recovery strategies to ensure continuity. While many businesses recognize the importance of disaster recovery, the decision to outsource these services is often viewed solely through the lens of cost savings. However, the advantages of outsourcing mainframe disaster recovery extend far beyond financial benefits, providing key drivers for overall business success. Beyond Cost Savings: The True Value of Outsourced Mainframe Disaster Recovery Outsourcing mainframe disaster recovery is often perceived as a way to cut costs, but this perspective underestimates its true value. When you look beyond immediate savings, the real benefit lies in the strategic advantages it offers. By entrusting this crucial function to external experts, businesses can unlock a series of opportunities that foster growth, security, and efficiency in ways that go well beyond simple budgeting. Unparalleled Expertise and...

For over 60 years, COBOL (Common Business-Oriented Language) has powered the core operations of industries ranging from banking to government. Despite being one of the oldest programming languages today, COBOL remains indispensable, especially in mission-critical systems requiring unmatched reliability and performance. As organizations continue to rely on mainframes for large-scale transaction processing, COBOL’s relevance only grows.  The Ubiquity of COBOL in Critical Industries COBOL is ubiquitous in sectors like finance, insurance, government, and healthcare, where the volume of transactions and the need for security are paramount. According to estimates, over 220 billion lines of COBOL code are still in active use, with many of these systems handling trillions of dollars in daily transactions. This wide-scale adoption makes COBOL the backbone of countless financial institutions, ATM systems, and insurance processing applications. Stability and Reliability of COBOL Systems One o...