Mainframe Cost Reduction in the Financial Services Sector
Managing Mainframe costs in the Financial Services sector can be a major challenge. Workload can suddenly spike during key times of the year.
In the Banking sector consumer transactions increase dramatically during Christmas and Sales periods. Similarly in the Insurance sector, quotes rise when new car registrations are released and seasonal trending means that workload can peak during winter months. Because Mainframe software charges are usually based on peak usage it is vital that financial services organisations are able to protect themselves against large spikes in usage.
Workload peaks can be reduced in a number of ways:
Phase 1 – LPAR optimisation
Possible savings of up to £1M – based on case studies
Phase 2 – Workload Optimisation
Possible savings of up to £1.5M – based on case studies
Phase 3 – Workload Tuning
Additional savings of up to £1M – based on case studies
The fluctuating workload environment that Financial Services organisations operate in means that cost spikes can be a real issue for both CIOs and CFOs. Triton Consulting have extensive experience of working with large financial sector organisations and our zTune service implements controls that remove software cost surprises which gives robustness to both the capacity plan and the financial plan. Focused MSU reduction tuning can be translated into real cost savings.
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