An international insurance group with around 12,500 employees and headquartered in Switzerland, uses the PAKT system for the efficient administration of contracts, services and offers as part of company pension schemes. This system successfully runs on the IBM z platform under z/OS operating system and was developed by the msg subsidiary Prevo-System AG. The impressive stability and fast processing times achieved thanks to zOS are particularly noteworthy.

An international insurance group with around 8,000 employees and headquartered in Switzerland administers its individual life insurance contracts with the AFIS system from msg. The Swiss occupational benefit scheme also benefits from the PAKT system developed by the msg subsidiary Prevo-System AG. Both systems are successfully operated in an zOS environment. The IBM z platform is characterized by high availability and fast processing times.

Four of the ten largest banks in Germany have been using the standard MARZIPAN software on the IBM Z mainframe for more than 30 years. Several hundred users in each of the banks, their subsidiaries and foreign branches use the system daily in dialog mode for business initiation, pre-calculation or funds transfer pricing of individual transactions, including internal reporting and approval processes. The MARZIPAN software stands for the highest calculation quality in the calculated bank products, while the IBM Z platform delivers the reliable foundation for stable, agile and secure operation. “Z=zero downtime” and a competitive very low Total Cost of Ownership are (TCO) are the decisive factors hereby. As a complementary service, IBM offers IT teams a wide range of free training courses to easily build up mainframe know-how. This also reduces internal training costs. 

In a large German data center with more than 350 connected banks and over 12 million accounts, MARZIPAN forms the core of the post calculation of completed banking transactions. The data basis for subsequent processes in overall bank management, e.g. accounting in accordance with IAS/IFRS standards, is derived from the valuation and cash flow generation. For the approximately 4 million monthly individual transaction calculations, narrow time windows of only a few hours are available within the framework of the planned processing procedures in the data center. The agility, parallel processing capabilities, scalability, and outstanding performance of the IBM Z mainframe ensure that we can meet these time requirements, even with increasingly complex calculation procedures. All while maintaining a highly competitive total cost of ownership (TCO). In addition, IBM offers IT teams several ways to build IBM Z platform expertise at no cost.