GE Capital reduces costs by 66% and improves agility by rehosting its mainframe with OpenFrame
GE Capital reduces costs by 66% and improves agility by rehosting its mainframe with OpenFrame
5 PagesCASE S TUD Y GE Capital reduces costs by 66% and improves agility by rehosting its mainframe with OpenFrameGE Capital is the financial services unit of the global conglomerate General Electric. It provides commercial lending and leasing, as well as a range of financial services for consumers. Most of GE Capital’s commercial loans are to small and midsized companies, spread across multiple industries and geographies, and secured by tangible assets. GE Capital’s consumer lending activities are also diversified by product and geography and include operations in 55 countries. tmaxsoft.com 2The challenge GE Capital was looking to move its Portfolio Management System (PMS) suite of applications from ADS/O and COBOL/IDMS running on a mainframe, to COBOL running with Oracle on Unix
