Tel Aviv Stock Exchange

Case Study

Tel Aviv Stock Exchange migrates critical mainframe Objective applications with HPE Eliminate the risk of legacy mainframe environment operations while avoiding dependence on mainframe specialists Redefines its environment by implementing a and reducing costs low-risk, high-return mainframe migration Approach Leverage HPE Data Center Platform Consulting services to efficiently 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 The Tel Aviv Stock Exchange needed to The Tel Aviv Stock Exchange (TASE) is the • Management expects to continue to migrate its mission-critical applications from only stock exchange in Israel. It offers a “one- meet cost reduction and TCO objectives an IBM mainframe environment and turned to stop shop” that includes trading in equities, for the migration HPE Data Center Platform Consulting services bonds, and derivatives. TASE has 25 members • TASE expects a full return on to help plan and implement a platform including Israeli and international banks and investment for its migration within less migration strategy from its older, proprietary brokers, and TASE is trading in 1,900 equities than three years systems. With HPE Data Center Platform and bonds and 2,500 derivatives series. Consulting, the Tel-Aviv Stock Exchange was Its daily turnover in the equities market is also able to bring industry-leading availability, approximately 1.5 billion Israeli shekels, which increased performance, and uncompromising is about $400 million client choice to support all of its IT needs. Case study Industry Page 2 Tel Aviv Stock Financial 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 different steps in the project.” – Eldad Herstig, Senior Vice President, CIO, & Head of Operations for the Tel Aviv Stock Exchange

Migrating existing Maintaining the legacy mainframe was expensive, and the limited availability infrastructure of mainframe experts in its mainframe The TASE Information Technology and operating system in Israel was constraining Operations Department develops and the flexibility of its IT infrastructure. The operates all the organization’s business- mainframe environment was running over critical systems, including trading, clearing 10,000 programs written in Natural and over and settlement, and risk management. The 120 programs written in COBOL, with over goal of the department is to achieve non- 2,000 batch processes activated in specific stop trading and invest in remaining at the mainframe partitions by JCL. The mainframe forefront of technology. The importance that environment was supporting development, TASE places on IT is evident in the size of the quality assurance, testing, and production department, which comprises some 60% of environments, and mission-critical back exchange employees. office applications such as those supporting clearing and settlement were on a mainframe “About two years ago we started looking at running the VM and VSE operating systems. migrating our IBM mainframe applications TASE also deployed the Adabas database to another environment,” says Eldad Herstig, management system on a mainframe. Senior Vice President, CIO, & Head of Operations for the Tel Aviv Stock Exchange. TASE sought to eliminate the risks inherent “Our main reason to implement our migration with legacy environment operations while project was to reduce the risk related to limiting its reliance of mainframe programs continuing working with the mainframe in and operations specialists, which were different areas. As a non-stop operation, becoming increasingly harder to find. it’s very hard to migrate critical systems Management needed to reduce the costs while managing the risks of avoiding system of maintaining the legacy applications while failures. In order to do so, you have to have avoiding downtime or any disruption to the right partner to ensure you complete all operations. TASE also sought to standardize the relevant tests to reduce the risks.” hardware and software deployment to drive down costs and increase IT agility. Case study Industry Page 3 Tel Aviv Stock Financial Exchange

Customer at a glance By migrating its applications and moving to HPE conducted extensive parallel testing a new platform, TASE could select the right of mainframe-based and server-based Services platforms for the right workloads at the right applications to ensure that there would • HPE Data Center Platform Consulting Services price, while consolidating its IT environment be no discrepancies while running various and adopting newer technologies and production workloads over time, and Hardware increasing IT security. But migrating the core conducted extensive test case development, • HPE ProLiant DL 380 Gen8 Servers platforms and moving crucial applications execution, and automation to ensure the can be a complex and potentially disruptive quality and consistency of the new IT undertaking, so TASE selected HPE environment before cutting over in early services to help the organization develop IT 2016. After only 20 months, the project strategies that minimize risk and maximize IT was successfully completed and HPE investments so it could achieve its migration educated and trained TASE development goals safely and efficiently. and operational staff on the use of new development tools and Linux. “It was very important for us to find one supplier that could provide a full integration All of the organization’s mission-critical project, including the hardware, the operating systems are now running on Linux, and IT is system, and the migration project itself,” now able to increase security, mitigate risks, explains Herstig. “We approached Hewlett and streamline operations and management Packard Enterprise (HPE) because we were by supporting the same environment for familiar with HPE’s capabilities and could get trading and back office applications. The the benefits of HPE’s expertise at different dependency on mainframe specialists steps in the project.” is eliminated, allowing TASE to increase operational agility. This transformation was HPE had previously helped TASE move completed on time and within budget, and to a new datacenter, and offered a holistic, management expects to continue to meet adaptive approach that enables smooth cost reduction and TCO objectives for the mainframe migrations and simplifies the migration. migration process. HPE also offered proven experience and a track record in migrating Herstig concludes, “I’m very happy and critical mainframe applications, as well a low- satisfied with HPE and the way they ran the risk, high-value approach to migration. integration project, and I recommend HPE to other organizations involved in such a By partnering with HPE, TASE has been complex migration project.” This migration able to ensure business continuity without supports TASE’s open system standards disruption. This has allowed TASE to strategy, and TASE expects a full return on implement application migration while investment for its migration within less than avoiding the need to make changes to the three years. business logic. Legacy applications were migrated to HPE ProLiant DL 380 Gen8 Servers running Linux, and all Adabas databases and programs written in Natural Learn more at were migrated to Linux. HPE oversaw the hpe.com/services/platformconsulting rewriting of COBOL programs into the C hpe.com/info/migratemainframe language, and all JCL was rewritten to run as scripts. Watch the video

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