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Nedbank makes strategic investment in Micro Focus technology

Nedbank has invested in Micro Focus products following an extensive evaluation conducted with the support of local representative, MigrationWare.

Over the next months MigrationWare will work with Nedbank to integrate 150 seats of Micro Focus` Mainframe Express products into its IT development environment and assist in the training of the bank`s IT systems development community in the best use of the products.

The choice of Micro Focus Mainframe Express Enterprise Edition will enhance the bank`s mainframe development environment and reduce overall cost and risk associated with application development on the mainframe. Cape Town-based MigrationWare will lead the implementation and training for this key technology solution.

Mainframe Express Enterprise Edition is a unified environment for mainframe development significantly reduces risks and costs and offers improved business agility through extension to J2EE, .NET and Web services.

It includes capabilities to allow COBOL programmers to quickly and easily extend their core systems into these contemporary environments without changing the original code, or having to learn new architectures.

The adoption of Micro Focus technology at Nedbank will allow Nedbank to improve the quality, reliability and capability of mainframe systems using existing assets, skills and applications.

According to Len Berzen, senior mechanization manager at Nedbank, the new regulatory environment and framework in which banks operate is changing, particularly in how they manage risk. In ensuring regulatory compliance, the banking and other financial service companies in South Africa are taking the lead in testing and implementing the latest technologies available.

"Consequently, since these important but subtle changes are happening mainly in the background within the supporting IT systems, the way banks build and test systems is also changing," said Berzen.

"Micro Focus products will enhance productivity and quality and will lower existing costs while still providing for business agility and innovation. By offering a comprehensive mainframe development environment with advanced development tools on the workstation, our developer productivity will be significantly enhanced through better analysis and rapid problem resolution."

Joao De Oliveira, sales director at MigrationWare, said the integration of Micro Focus` Mainframe Express into Nedbank`s IT environment was a critical step in improving overall productivity.

"Mainframe customers make substantial investments in core applications to support key business processes. However, to remain competitive and deliver more value, IT managers face mandates to reduce costs and drive business agility. We are pleased to have this opportunity to assist Nedbank in the best use of this market leading technology."

Stuart McGill, vice-president of worldwide marketing at Micro Focus, said Nedbank`s decision to utilise the latest in PC-based mainframe development and extension technology was testament to its continued belief in the mainframe as a platform that delivers continued business value.

"We look forward to continuing our partnership with MigrationWare to deliver a clear competitive advantage for Nedbank," he said.

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Nedbank

Nedbank Group Limited (formerly Nedcor Limited) is a bank holding company that, through its principal banking subsidiary, Nedbank, together with the other members of the Nedbank Group, operates as one of the four largest banking groups in South Africa. The company`s ordinary shares have been listed on the JSE since 1969.

Migrationware

MigrationWare specialises in the provision of products, supported by services, designed to reduce the cost and risk of migrating and transforming application systems and data from mainframes to modern more cost-effective platforms. It combines products, services and an extensive experience of applications migrations with partner relationships to offer solutions to customers wishing to migrate, renovate, renew or transform their application systems and data. For more information, visit www.migrationware.com.

Micro Focus - Unlocking the Value of Legacy

Micro Focus is a leading provider of legacy development and deployment software for enterprise platforms. Micro Focus enables organisations to reduce costs and increase agility with minimal risk by reusing their legacy applications with contemporary architectures and Web services. Founded in 1976, Micro Focus is a global company with principal offices in the United Kingdom, United States, Germany and Japan. For more information, visit www.microfocus.com.

Editorial contacts

Caroline Swift
HWB Communications
(021) 462 0416
caroline@hwb.co.za
Joao De Oliveira
MigrationWare
(021) 681 2500