The modernization project, valued at $2.5million, will be implemented using BluePhoenix’s LanguageMigrator conversion solution, which enables organizations to automatically migrate legacy applications to prevailing languages and technologies.
Legacy modernization enables banks to reduce operating costs while providing a platform for business growth and improved customer service capabilities.
Arik Kilman, CEO of BluePhoenix, said: BluePhoenix has proven expertise in executing legacy modernization solutions for banks and financial services companies. We have helped some of the largest banking institutions in the world to reduce costs and increase operational efficiencies, enabling them to focus on growing their core business. We look forward to executing this Cool:Gen project with the same high levels of quality and service that we have been able to achieve in similar modernization projects that we have implemented.
