CSOB Group (CSOB) is a leading player in Czech financial services industry. It is part of the international bancassurance KBC group, which is active in Belgium and the CEE region.
Combining the power of its retail brands —CSOB, the brand for banking, insurance, asset management, pension funds, leasing, and factoring; the Postal Savings Bank, which providesbanking through a postal distribution network, the Mortgage Bank, and CMSS, a bank specialized inr financing residential mortgages—CSOB group is strongly positioned in all segments of Czech financial market, where it has long held a top position for financing residential mortgages, leases, and having total assets under management.
CSOB needed to upgrade its production systems in the Czech Republic and Slovakia that support 90 key applications for its retail, corporate, internet, and ATM services from Oracle Database 9i to Oracle Database 11g with simultaneous migration from Alpha processors/OpenVMS-based hardware to a Power7, AIX system. Oracle Consulting helped to complete the upgrade within schedule and budget, while meeting tight restrictions on downtime. Knowledge transfer by Oracle Consulting to the bank’s IT team has improved self-sufficiency in support and maintenance while the technical and advisory services of Oracle Consulting Expert Services continue to optimize performance and availability while lowering cost of ownership.
CSOB Group had used Oracle Consulting for previous successful upgrades of business-critical systems and benefited from the expertise of Oracle Consulting Expert Services to help maximize the value of its investment in Oracle Database technology.
"Oracle Consulting is our long-term trusted partner and we rely extensively on its expertise when planning and executing strategic implementations and upgrades," said Boris Treiger, project manager, CSOB Group.