for Postgirot Bank AB
Type of Industry: Financial Services
Application Name: NOVA
Postgirot Bank AB is the largest institute for payment services on the
Swedish market and has been in operation since the 1920s. Postgirot
manages on average two million transactions per day.
Postgirot came to the conclusion that their payments system was on the end
of its life cycle. This legacy system had become inflexible and its
maintenance cost became too high so it was necessary to replace it. In
addition to that it was cumbersome to add new products, something that is
being enforced by the changing market circumstances. Straight through
integration with other systems was also a deciding factor.
EDCubed did not only propose to replace the existing legacy system but
also prevent the creation of a new one by offering a technology
independent solution. EDCubed technology, based on OMG's MDA,™ delivers
Specific demands on the new IT infrastructure were:
- Capture new markets fast by allowing fast implementation of new
products and product features in order to decrease time to market of
- One flexible information system supporting all the payment
transmission business. The system also needed to be future proof
- Better insight and lower operational costs by utilizing online real
time processing capabilities and straight through processing
- Integrated with the other systems both internal and external
- Low deployment and maintenance costs
- Able to process up to 30 Million transactions per day.
EDCubed applied OMG's MDA to model these demands into EDCubed MDA
technology. The business model was modeled into a Platform Independent
Model (PIM) entailing that the users remained focused on the business
needs without being distracted by technical constraints.
From the PIM the Platform Specific Model (PSM) is for the fully 100%
generated including database optimization and deployment scripts. The PSM
of choice in this case was OS/390, Cobol and DB2.
Due to the Platform Independent Model (PIM) Postgirot can decide any
moment in time to switch to J2EE or another technology. The new PSM can be
generated in half an hour time!! Hence preventing the creation of a new
legacy problem. Performance optimizations are also handled by EDCubed's
The separation between business needs captured in a PIM and the
technical implementation generated in a PSM is one of the pillars of the
MDA concept. The advantages for clients are evident.
At this point in time all payment products are or will be added to the
platform and all services are taken over by the new system. The
flexibility and the way new products can be added fast to the system is
very important for the competitive edge of Postgirot.
EDCubed proposed a solution that came in only 25% of the proposals of
contenders. This was possible by applying its 'Model Driven' technology
that generates 100% customized code. After generation it is production
ready, no changes need to be made in the source code or the database
Due to the unprecedented speed of developing combined with the
knowledge of EDCubed the project was finished within the proposed budget
and short time frame. Due to the low cost and fast development the ROI of
the system is very short.
Maintenance takes place in the model and from there the application is
being generated. Processing changes has never been so easy and so cheap.
If fact due to the low maintenance cost of the new system the ROI is
less then two years based on only the maintenance costs of the old system.
Johan Larsson - Postgirot Bank (Manager System Development &
"TET (The EDCubed Technology) makes developing your system the least
of your problems"
Thanks to EDCubed's solution, Postgirot is now experiencing the
- Financial Gain - The operational cost are down 80% compared to the
- Flexibility - New products can be added quickly and new technology
can be introduced without being stopped by legacy
- Scalable - The solution can grow from handling 2 Million to 30
Million transactions per
Founded in 1997 EDCubed mission is to simplify complexIT. By applying
its MDA compliant technology EDCubed is able to deliver tailor made
solution yet at the price of a package solution. The EDCubed organization
is present in the Netherlands, Sweden and the Baltic States. Further
international expansion is in progress.
EDCubed is an OMG member. For more information vist www.edcubed.com
or contact email@example.com
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