Natixis chooses Raincode for a PACBASE migration

Natixis chooses Raincode for a PACBASE migration

Brussels, January 2015
 

Raincode, a Belgian engineering company specialized in legacy modernization, has been chosen by Natixis for the migration of its PACBASE applications.

Since 1970, PACBASE has been a privileged development tool among the largest French companies. When IBM announced, four years ago, the end of the support by 2015, many of these organizations have looked for alternatives. This deadline paves the way for a migration of critical business applications.

After a meticulous analysis of all the options available on the market, Natixis has chosen Raincode’s PACBASE migration solution. As of today, the Belgian company is the sole solution counting multiple references in the PACBASE migration sector in France.

In a fully automated process, the migrated applications are rendered in standard COBOL, structured, maintainable and readable. The functional equivalence is totally guaranteed. Raincode’s solution induces no dependency on any additional proprietary component or tool.

Darius Blasband, Raincode CEO: “Our job is to free IT systems for technical dependencies. In this context, the Natixis case perfectly matches our core business: mature critical applications, essential to the functioning of the organization”.

Gilles de Wailly, Natixis deputy CIO: “Among all the solutions available on the market for a PACBASE migration, the one built by Raincode stood out, both in terms of consistency with our environment and in benefits, including the risk mastery and the project costs”.

About Raincode

Raincode a leading supplier of programming languages analysis and transformation tools in the legacy modernization world. Based in Brussels, Raincode also has a sales operation in France, Germany and has a US subsidiary. http://www.raincode.com

More information on Natixis: www.natixis.com

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