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Industry
The Rocket Software solution has doubled our monitoring capacity, cut infrastructure costs by 80%, and enabled seamless transitions without disrupting services.
The Rocket Software solution has doubled our monitoring capacity, cut infrastructure costs by 80%, and enabled seamless transitions without disrupting services.
Read the case study
Company history
Banco Guayaquil has been a trusted name in Ecuadorian banking for over a century. Known for its commitment to innovation, the bank serves a growing customer base with modern and accessible financial solutions.
Challenge
The road to becoming Ecuador’s leading digital bank wasn’t without challenges. To drive innovation and efficiency, Banco Guayaquil had to overcome critical challenges:
- Legacy system struggles: The outdated IBM® mainframe system was inefficient, costly, unstable, and nearing saturation.
- Scalability constraints: The system lacked the capacity to support the bank’s growth and increasing user demand.
- Innovation bottlenecks: Slow development processes delayed the launch of new digital services to meet customer expectations.
To stay competitive and meet the rapidly growing demand for on-the-go digital banking, Banco Guayaquil sought a modern, cost-efficient IT solution.
Approach
Banco Guayaquil partnered with Rocket Software to modernize its IT infrastructure. With Rocket® Enterprise Server, Rocket® Enterprise Developer, and Rocket® Enterprise Analyzer the bank unlocked key benefits:
- Greater scalability and flexibility: Rocket Enterprise Server provided an open-source, scalable platform to meet current demand and future growth.
- Improved productivity: Rocket Enterprise Developer enabled faster development and seamless transitions between legacy code (COBOL) and modern languages like Java® and C#.
- Enhanced planning and insights: Rocket Enterprise Analyzer delivered valuable insights into the bank’s application portfolio, streamlining planning and bolstering application performance.
Results
Banco Guayaquil’s transformation is already delivering measurable benefits, including:
- 25% faster batch processing: Overnight processes now run more efficiently, with no interruptions to transactional workflows.
- 80% savings in infrastructure costs: Legacy system expenses were drastically reduced, freeing up resources for investment in innovation.
- Exceptional uptime: Seamless migration ensured that services remained available to customers throughout the transition.
Juan Luis Reca Montero, Banco Guayaquil's CIO, expressed confidence in the bank’s trajectory, stating, “At the start of the project, we promised full ROI in five years. Based on our progress so far, we are on track to achieve this in just three years.”
