Korea Exchange Bank and IBM have completed mainframe migration to IBM System z10, which is expected to enable the bank’s credit card business to create an IT environment to improve efficiency and customer service.
According to IBM, under the agreement signed in October 2008, the company provided Korea Exchange Bank credit card business (KEB Card) with three units of the System z10 Enterprise Class, the advanced IBM System z mainframe with the equivalent capacity of nearly 1,500 x86 servers.
Through the integrated service of IBM, KEB Card has optimized its main computer operations and cut down the total cost of ownership (TCO) resulting from a reduction in operation and maintenance costs per million instructions per second (MIPS). In addition, KEB Card has secured the foundation to improve its main computer and data center performance and improved the online batch processing time, by employing the latest 4.4GHz System z10 technology, said IBM.
Young Kim, director of IT operations at KEB, said: We have secured an essentially required computing capacity through the successful System z10 migration through our partnership with IBM Korea. We were also able to minimize TCO by further improving system stability, efficiency, and availability in a smarter way. It is anticipated that we will be able to innovate various customer services based on the outstanding performance of the IBM System z10.