Attracting Customers With Innovative Digital Banking on Open-Source Systems With Rocket^® Enterprise Suite 

Company

Industry: Banking 

Founded in 1923, Banco Guayaquil is a leading banking and financial services organization in Ecuador. Committed to innovation, it aimed to become the country’s top digital bank. 

Challenge

Banco Guayaquil's aging mainframe system led to high costs, limited scalability, and delayed service launches, which all hindered innovation in digital banking. 

Banco Guayaquil struggled with escalating operational costs. The bank had been functioning on an outdated mainframe with more than 13,000 interconnected applications, enduring frequent system instability, and not keeping up with customer demands for seamless, real-time digital banking services. The complexity of its legacy systems, combined with high fixed costs, severely restricted its ability to scale as the business grew. Additionally, the outdated infrastructure slowed down application development, which limited organizational capacity for innovation and competition in an increasingly digital-first banking landscape. 

Solution

Banco Guayaquil modernized its IT infrastructure with Rocket Software. The bank migrated 13,000 legacy applications to an open, scalable platform and improved agility, transparency, and cost efficiency.

Rocket Software’s solutions modernize and optimize IT systems without friction. Rocket Enterprise Server enables smooth migration of legacy applications to modern infrastructure without disrupting operations. Rocket Enterprise Developer enhances coding compatibility and agility, helping developers work faster across various languages and frameworks. Rocket Enterprise Analyzer offers advanced performance monitoring to identify bottlenecks and optimize systems. Together, these tools ensure seamless migration and equip organizations with future-ready IT to drive innovation and growth. 

Results

Banco Guayaquil achieved 25% faster batch execution, an 80% reduction in infrastructure costs, and halved energy expenses. Also, 100% system compatibility remained while sustainability for scalable, long-term growth expanded.

Through its transformative partnership with Rocket Software, Banco Guayaquil achieved faster processing, lowered costs, and improved eco-sustainability. By modernizing its infrastructure, the bank boosted efficiency and reduced its environmental impact, consistent with its commitment to greener practices. This transformation came without disrupting customer service, which allowed the bank to continue delivering exceptional client experiences while staying competitive, scaling easily, and growing sustainably.

Get started with Rocket Enterprise Suite 

Whether you're tackling legacy system challenges or preparing to scale, the Rocket Enterprise Suite provides the solutions you need to modernize and optimize your operations seamlessly.