BluePhoenix (NASDAQ: BPHX) said it has completed a major application modernization project with global banking giant BBVA.
The modernized application is currently in production and being used by BBVA employees and customers worldwide. As a result, the company is saving money while making corporate IT systems more efficient.
BBVA is the second largest bank in Spain. Since 2006 the bank has focused on overseas expansion, and now operates in 40 countries. VASS Consultoria de Sistemas was selected to run the project as the prime contractor. BluePhoenix was subcontracted to perform migration of IDMS, ADS, COBOL, Easytrieve and JCL artifacts to modern enterprise technologies.
BluePhoenix Solutions is a provider of legacy language and database translation. The BluePhoenix portfolio includes a comprehensive suite of tools and services for automated database and application migration.