Mitsubishi UFJ Financial Group (MUFG)
Mitsubishi UFJ Financial Group, Inc. is a Japanese bank holding and financial services company headquartered in Chiyoda, Tokyo, Japan. MUFG holds assets of around US$2,459 billion as of 2016, making it the world’s fifth largest bank by total assets and is one of the main companies of the Mitsubishi Group.
MUFG needed to process credit and banking data for 30 million clients, 200,000 merchants, and 100 million transactions every month.
Leverage Unicage to power faster data processing using less code.
- 4x less code (from 3.6k lines of code in COBOL to <1k Unicage instructions) and 5x faster development (from 3 months to <3 weeks in Unicage)
- 8x faster processing (from >15h in Hitachi Mainframe, down to <2h in x86 based Unicage architecture – using 5 6-core CPUs)
- Significant cost reduction (~$1m Host investment replaced by ~$50k x86 acquisition)
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