HPE H4LH0E, U6A20E, HT5Y2E, HC8G7E, H9XL6E User Manual

Case Study

Tel Aviv Stock Exchange
migrates critical mainframe

Objective

Eliminate the risk of legacy mainframe
environment operations while avoiding
dependence on mainframe specialists
and reducing costs

Approach

Leverage HPE Data Center Platform
Consulting ser vices to eiciently and
safely migrate mainframe apps to
distributed server infrastructure

IT Matters

• Migrating to standards-based solutions
drives cost reductions

• Shifting to open systems servers
eliminates the need for hard-to-find
mainframe specialists

• Standardized Linux environment
streamlines development, QA, and
operations

Business Matters

• Migration and transformation was
completed on time with no downtime or
disruption

• Management expects to continue to
meet cost reduction and TCO objectives
for the migration

• TASE expects a full return on
investment for its migration within less
than three years

applications with HPE

Redefines its environment by implementing a
low-risk, high-return mainframe migration

The Tel Aviv Stock Exchange needed to
migrate its mission-critical applications from
an IBM mainframe environment and turned to
HPE Data Center Platform Consulting services
to help plan and implement a platform
migration strategy from its older, proprietary
systems. With HPE Data Center Platform
Consulting, the Tel-Aviv Stock Exchange was
also able to bring industry-leading availability,
increased performance, and uncompromising
client choice to support all of its IT needs.

The Tel Aviv Stock Exchange (TASE) is the
only stock exchange in Israel. It oers a “one­stop shop” that includes trading in equities,
bonds, and derivatives. TASE has 25 members
including Israeli and international banks and
brokers, and TASE is trading in 1,900 equities
and bonds and 2,500 derivatives series.
Its daily turnover in the equities market is
approximately 1.5 billion Israeli shekels, which
is about $400 million

Case study

Tel Aviv Stock
Exchange

“It was very important for us to find one supplier that could provide a full

integration project, including the hardware, the operating system, and the
migration project itself. We approached HPE because we were familiar with
HPE’s capabilities and could get the benefits of HPE’s expertise at dierent
steps in the project.”

– Eldad Herstig, Senior Vice President, CIO, & Head of Operations for the Tel Aviv Stock Exchange

Industry

Financial

Page 2

Migrating existing
infrastructure

The TASE Information Technology and
Operations Department develops and
operates all the organization’s business­critical systems, including trading, clearing
and settlement, and risk management. The
goal of the department is to achieve non­stop trading and invest in remaining at the
forefront of technology. The importance that
TASE places on IT is evident in the size of the
department, which comprises some 60% of
exchange employees.

“About two years ago we started looking at
migrating our IBM mainframe applications
to another environment,” says Eldad Herstig,
Senior Vice President, CIO, & Head of
Operations for the Tel Aviv Stock Exchange.
“Our main reason to implement our migration
project was to reduce the risk related to
continuing working with the mainframe in
dierent areas. As a non-stop operation,
it’s very hard to migrate critical systems
while managing the risks of avoiding system
failures. In order to do so, you have to have
the right partner to ensure you complete all
the relevant tests to reduce the risks.”

Maintaining the legacy mainframe was
expensive, and the limited availability
of mainframe experts in its mainframe
operating system in Israel was constraining
the flexibility of its IT infrastructure. The
mainframe environment was running over
10,000 programs written in Natural and over
120 programs written in COBOL, with over
2,000 batch processes activated in specific
mainframe partitions by JCL. The mainframe
environment was supporting development,
quality assurance, testing, and production
environments, and mission-critical back
oice applications such as those supporting
clearing and settlement were on a mainframe
running the VM and VSE operating systems.
TASE also deployed the Adabas database
management system on a mainframe.

TASE sought to eliminate the risks inherent
with legacy environment operations while
limiting its reliance of mainframe programs
and operations specialists, which were
becoming increasingly harder to find.
Management needed to reduce the costs
of maintaining the legacy applications while
avoiding downtime or any disruption to
operations. TASE also sought to standardize
hardware and software deployment to drive
down costs and increase IT agility.