The Singapore Exchange (SGX), listed among the world's largest exchanges and Asia's second largest listed exchange, has chosen Clerity's UniKix Mainframe Rehosting software and mainframe migration services for a $3 million USD modernization project. Clerity is migrating SGX's entire mainframe complex, including key applications such as clearing and settlement, third-party tools and utilities, and server and storage resources to a flexible open systems environment.
Business Drivers: SGX is migrating off the mainframe to streamline IT operations and lower cost-per-transaction rates, while better preparing itself to address future market growth.
Solution: In addition to the UniKix Mainframe Rehosting software, SGX is using Veryant's vCOBOL Enterprise software in the project to migrate SGX's IBM CICS applications, batch JCL code, COBOL programs, and VSAM data intact, using a mainframe rehosting approach that will avoid costly code changes and enable SGX clients to continue accessing its systems without reconfiguration.
