Swiss Bank trusts Asysco: New Life for Banca Del Ceresio’s Unisys Legacy

NEW LIFE for BANCA DEL CERESIO’s UNISYS LEGACY

Banca del Ceresio has decided to move forward with a migration of their Unisys Libra mainframe system to Asysco’s AMT LION solution. They are a family business offering financial services, headquartered out of Lugano (biggest city in the Italian speaking Canton of Ticino, the southernmost canton of Switzerland).

Their only alternative appeared to be a package solution (together with an outsourcing approach). But after their deep analysis of the Asysco solution and gaining more and more trust whilst working with the Asysco professionals, they realised how much more value they would get from the legacy transformation approach. Now, they are looking forward to modernising their system landscape and taking it to the next level.

As one of their board members put it: “The system needs a new life!”

The engagement started in 2016 with a Site Survey. After that, Asysco supported them on a long “due diligence journey”, which included: various reference calls with successfully migrated Asysco customers, a Proof of Concept for code review, participation at the Atlanta user conference, and multiple technical workshops (one of them at Asysco’s headquarters in the Netherlands).

About Banca del Ceresio

Incorporated in 1958, Banca del Ceresio SA is a Swiss bank which has been active in the financial services industry since 1919. Banca del Ceresio offers private banking, asset management services, financial advice, securities dealing and custody to private clients and institutions, with offices in Lugano, Milan and London.

The Group has developed a world-leading expertise in
the management of Funds of Hedge Funds, selecting
the very best talents in the investment universe.
The Group manages several multi-manager hedge funds.

Project Overview

  • Banca del Ceresio is currently running a Unisys Libra mainframe with a DMS II database and approx. 1,000 programs written in the UNISYS proprietary LINC language. This environment is in use since 1996.
  • They have chosen Asysco’s AMT LION solution, enabling them to smoothly transition their development team and keep all the knowledge and skills onboard (during and after the project). This flexible approach will allow for an effortless switch to Visual Studio / C# at any moment in the future.
  • The project is expected to be delivered and go live in 2018.

We are wishing the Banca del Ceresio and Asysco teams yet another successful migration project!