Companies undergoing digital transformation typically require agile, efficient, and real-time integration between their core business systems and hybrid cloud deployments. How can such real-time integration be achieved when the core business system is a mainframe? The short answer: an in-memory digital integration hub.
Most large enterprises, especially those in financial services and insurance, rely on mainframes for mission-critical business operations, and these business systems create a high volume of high-value data. For these organizations, successful transformation requires effective and flexible information flow between these mainframes and cloud applications.
An in-memory-powered digital integration hub optimized for the mainframe enables them to achieve exactly that goal. There are numerous potential use cases for a digital integration hub, including the delivery of 360-degree customer or 360-degree business views. These enable real-time flow of banking information to cloud-based functions such as rates and pricing or compliance, and providing a current, comprehensive view of clients and their policies for insurance organizations.
The importance of mainframes in digital transformation
Mainframes provide key value as the center of gravity for operational data for large enterprises. Two-thirds of the Fortune 500, 44 of the top 50 worldwide banks, and eight of the top 10 insurance companies use mainframes to process core batch as well as real-time transactional workloads.
For these businesses to reach their digital transformation goals and aggregate the information they need from across disparate, siloed data sources, they must be able to combine data generated by multiple mainframe applications with data from other data environments in real time. They must then be able to effectively and efficiently share this information to consuming applications in hybrid cloud environments without impacting their systems of record in order to drive real-time business processes.
For example, to generate top-line growth, enterprises need to effectively power real-time upsell and cross-sell opportunities by leveraging a holistic view of the client. In the financial services sector, multi-national and regional banks benefit from linking client information across multiple lines of business, which may include demand deposits, retail banking operations including credit cards and mortgages, investments, and private banking.
, where he has led the development of advanced and distributed in-memory data processing technologies. He has more than 20 years of experience in software application development, building HPC and middleware platforms, and contributing to the efforts of companies including Adaptec, Visa, and BEA Systems.
New Tech Forum provides a venue to explore and discuss emerging enterprise technology in unprecedented depth and breadth. The selection is subjective, based on our pick of the technologies we believe to be important and of greatest interest to InfoWorld readers. InfoWorld does not accept marketing collateral for publication and reserves the right to edit all contributed content. Send all inquiries to .
Copyright © 2021 IDG Communications, Inc.