Bank Sells Pension Business: Mainframe Open Heart Surgery!

When a major bank sold off one of their significant business units, they were presented with a unique IT problem. How do you pick up and move all of the applications, storage, and links that support that business unit to another enterprise? This is a classic ‘lift & shift’ scenario, where a business has to continue throughout the transition; but for them as for many of us, this kind of problem is too big and too unique to handle without help. In this case study, you will learn how one of Israel’s major banks moved out of the mainframe environment, into the IT shop of the purchasing institution.

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Presented by Udi Fridenshtein & Steve Taite, MOST Technologies

Udi Fridenshtien is MOST VP of Sales. Starting in South Africa, he has worked as an IT systems integrator for over 20 years, specializing in complex projects with a focus on mainframe modernization specialized in banking, insurance, and enterprise financial systems. Udi holds a BA in Psychology and Economics from the University of South Africa, and lives with his wife and three daughters in Hod ha-Sharon, Israel. He loves to cook, hike, travel and take photos.

Steve Taite is MOST Chief Technology Officer (CTO). He has worked in IT for over 35 years, in a wide variety of projects with a focus on banking and insurance. He has worked mostly on mainframes, with occasional forays into distributed platforms including UNIX, Linux, and Windows. Steve was born and raised in England, has worked in New York, and lives in Kfar Saba, Israel. He holds a BA in English Literature and Cinema from Haifa University and a variety of IT certifications.