Managing Mainframe Costs in the Financial Services Sector

Mainframe software charges are usually based on peak usage. Whatever an organisations’ peak workload in a given month is what they pay for.

Managing those workload peaks in the Financial Services sector can be a major challenge. Workload can suddenly spike during key times of the year. In the Banking sector consumer transactions increase dramatically during Christmas and Sales periods. Similarly in the Insurance sector, quotes rise when new car registrations are released and seasonal trending means that workload can peak during winter months. It is vital that financial services organisations are able to protect themselves against large spikes in usage and therefore unforeseen large Monthly Licence Charge (MLC) software costs.

Demystifying Mainframe Pricing

The key is to gain a real understanding of:

  1. How Mainframe pricing works
  2. When, where and why your workload peaks occur
  3. How those peaks can be reduced