Raincode Labs scores record Pacbase migration for Bankia
Raincode Labs will take on the world’s biggest Pacbase migration project to date when it moves Bankia’s legacy applications to native Cobol (common business-oriented language), reports Jane Connolly.
Raincode will take on the world’s biggest Pacbase migration
The Belgian firm aims to migrate 120,000 programmes within a record-breaking 12-month period.
Raincode Labs pioneered the first Pacbase migrations in the early 2000’s, offering a fully automated process that renders migrated applications in a structured, readable and maintainable standard Cobol.
The solution, which does not introduce dependency on any additional proprietary component, has been in demand since IBM announced it would no longer support Pacbase in 2015.
“Our mission is to free organisations from technical dependencies and allow them to modernise their IT systems for the 21st century,” says Raincode Labs’ CEO, Darius Blasband.
“Bankia is the perfect example of this, having a large number of critical legacy applications that are essential to the functioning of their business.”
Bankia is Spain’s fourth largest bank, with total assets of €179.1 billion.
