Case Study
Low Risk Natural Batch For zIIP Lowers Costs For Calstrs
CUSTOMER REFERENCE Customer Profile California State Teachers Retirement System (CalSTRS) is America’s second largest public pension fund and the largest educator-only pension fund in the world. Headquartered in West Sacramento, CalSTRS is both a world-class financial services institution and a state agency, serving 868,000 members. Assets were $189 billion as of June 30, 2014. New Challenges Reduce operating costs by moving Natural batch to the less-expensive IBM zIIPTM processor. Software AG Solutions Natural Batch for zIIP CalSTRS also uses: • Adabas Database Management System • Natural Application Development • webMethods EntireX Key Benefits • Recouped investment in only five months • Saved $623,768 in the first eight months—savings will continue for life • Increased flexib