Rizal Commercial Banking Corp. transforms IT to gain 1.2M customers in one year

An IBM z10 Enterprise Class server and IBM middleware support new core banking system

Published on 22 Jul 2013

The combination of Finacle and IBM gives us the functionality we want on a high-performance platform that is robust and resilient enough to handle the bank’s requirements moving forward.

Dennis Bancod, senior executive vice president and head for IT and operations, Rizal Commercial Banking Corp.

Customer
Rizal Commercial Banking Corp.

Industry
Banking

Deployment country
Philippines

Partner
Infosys Ltd.

Overview

Rizal Commercial Banking Corp. (RCBC), headquartered in Makati City, the Philippines, was established in 1960. The bank provides a range of banking and financial products and services for commercial and retail customers. It is currently the fourth-largest private domestic bank in the Philippines by assets and has approximately 420 branches and 5,000 employees nationwide.

Business need
RCBC needed an IT infrastructure to support a core-banking system, called Finacle, from IBM Business Partner Infosys Ltd. that would help the bank improve efficiency, launch products faster and attain 10 million customers.

Solution
An IBM® z10™ Enterprise Class platform and a range of IBM middleware products provide scalability, security and consistent performance at the high levels required by Infosys and RCBC.

Benefits
RCBC reduced new product launch times by 50 percent and increased its readiness to effectively compete in the marketplace, moving two to three years ahead of its competition.

Components

IBM products and services that were used in this case study.

Software
Tivoli OMEGAMON XE for DB2 Performance Expert on z/OS, WebSphere MQ, Tivoli Monitoring, WebSphere Application Server for z/OS, DB2 for z/OS, Tivoli Composite Application Manager for Applications, Rational Build Forge Enterprise Edition, Tivoli Service Request Manager, Rational Team Concert, Tivoli Storage Manager, Tivoli Composite Application Manager for Transactions

Hardware
System z: System z10 Enterprise Class (z10 EC)

Solution
Big Data & Analytics, Big Data & Analytics: Improve IT, DevOps, Mobile, System z Software

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