Tel-Aviv Stock Exchange (TASE) with Data Center Platform Consulting Services - Case Study

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Case Study

The Tel Aviv Stock Exchange needed to

migrate its mission-critical applications from

an IBM mainframe environment and turned to

HPE Data Center Platform Consulting services

to help plan and implement a platform

migration strategy from its older, proprietary

systems. With HPE Data Center Platform

Consulting, the Tel-Aviv Stock Exchange was

also able to bring industry-leading availability,

increased performance, and uncompromising

client choice to support all of its IT needs.

The Tel Aviv Stock Exchange (TASE) is the

only stock exchange in Israel. It oers a “one-

stop shop” that includes trading in equities,

bonds, and derivatives. TASE has 25 members

including Israeli and international banks and

brokers, and TASE is trading in 1,900 equities

and bonds and 2,500 derivatives series.

Its daily turnover in the equities market is

approximately 1.5 billion Israeli shekels, which

is about $400 million

Tel Aviv Stock Exchange

migrates critical mainframe

applications with HPE

Redefines its environment by implementing a

low-risk, high-return mainframe migration

Objective

Eliminate the risk of legacy mainframe

environment operations while avoiding

dependence on mainframe specialists

and reducing costs

Approach

Leverage HPE Data Center Platform

Consulting services to eiciently and

safely migrate mainframe apps to

distributed server infrastructure

IT Matters

• Migrating to standards-based solutions

drives cost reductions

• Shifting to open systems servers

eliminates the need for hard-to-find

mainframe specialists

• Standardized Linux environment

streamlines development, QA, and

operations

Business Matters

• Migration and transformation was

completed on time with no downtime or

disruption

• Management expects to continue to

meet cost reduction and TCO objectives

for the migration

• TASE expects a full return on

investment for its migration within less

than three years

Summary of content (3 pages)

PAGE 1
Case Study Objective Eliminate the risk of legacy mainframe environment operations while avoiding dependence on mainframe specialists and reducing costs Approach Leverage HPE Data Center Platform Consulting services to efficiently and safely migrate mainframe apps to distributed server infrastructure Tel Aviv Stock Exchange migrates critical mainframe applications with HPE Redefines its environment by implementing a low-risk, high-return mainframe migration IT Matters • Migrating to standards-based solut
PAGE 2
Case study Tel Aviv Stock Exchange Industry Financial Page 2 “It was very important for us to find one supplier that could provide a full integration project, including the hardware, the operating system, and the migration project itself. We approached HPE because we were familiar with HPE’s capabilities and could get the benefits of HPE’s expertise at different steps in the project.
PAGE 3
Case study Tel Aviv Stock Exchange Industry Financial Customer at a glance Services • HPE Data Center Platform Consulting Services Hardware • HPE ProLiant DL 380 Gen8 Servers Page 3 By migrating its applications and moving to a new platform, TASE could select the right platforms for the right workloads at the right price, while consolidating its IT environment and adopting newer technologies and increasing IT security.