TmaxSoft Partners with Insigma to Help Financial Services and Healthcare Organizations Modernize Their Mainframes

Partnership to focus on delivering OpenFrame rehosting technology to support legacy modernization and digital transformation

Chicago, IL, October 11, 2016 – TmaxSoft Inc., multinational technology innovator focused on infrastructure software, today announced a strategic partnership with Insigma Technology, a global strategic service provider. The agreement will allow Insigma to provide a migration solution based on OpenFrame, TmaxSoft’s mainframe applications rehosting platform.

Insigma Technology brings innovation and competitive differentiation to a large variety of organizations, from Fortune 500 enterprises to small companies. It offers IT and business process outsourcing (BPO) services to help organizations operate more profitably and effectively, and specializes in application development and systems integration.

Joshua Yulish, CEO and President at TmaxSoft Inc., commented on the new partnership: “Insigma’s extensive experience with legacy modernization and custom software development makes them ideal partners to bring the benefits of OpenFrame to a wider group of organizations. Their commitment to best-fit solutions which adjusts to individual customer requirements is very attractive to us, as it will enable Insigma to deploy OpenFrame in a seamless way, allowing customers to enjoy all the benefits of a modernized mainframe.

“Moreover, like TmaxSoft, Insigma is committed to doing business transparently and puts avoiding hidden costs and cost creep at the core of what they do. Our partnership is therefore grounded in complementary approaches to customer service.”

Hongfei Huang, CEO of Insigma US, Inc., notes that the partnership will allow the organization to bring transformative new services to its customers. “We have developed extensive industry expertise and specialized practice areas in a number of sectors, including financial services and healthcare. When looking at IT in these particular industries, we see a great reliance on legacy mainframes at the core of their businesses. These are industries where digital transformation has become key to continued success and growth, and where this legacy infrastructure is no longer adequate to support it.

“However, these are also both industries where speed is vital and where organizations can’t afford to expose their data. A complete rewrite of a legacy mainframe simply brings too many risks—and is too costly– for many of them. A rewrite may take years to implement and most cannot afford that level of business disruption. Rehosting is often the best option, bringing the flexibility and transparency of re-architecting at lower cost and risk. We believe that TmaxSoft’s OpenFrame is one of the best rehosting solutions on the market, and we look forward to collaborating with the TmaxSoft team to help our customers innovate better and faster.”

 

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NOTES TO EDITORS

About Insigma Technology

Insigma Technology is a global strategic business and IT solutions company working with Fortune 500, midsize, and small companies to bring valued innovation and competitive differentiation to their business. Our services include application development and maintenance, data center services, systems integration, legacy system reengineering, software testing, IT consulting, and outsourcing/co-sourcing. We also provide full support services in a managed services model. We help clients move beyond operational constraints, continuously anticipate and adapt to changing market dynamics, and ensure IT investments bring flexibility and measurable shareholder value. Insigma’s US headquarters are in New York City, and our global footprint includes development centers in 31 cities in China, the US, Japan and Europe. We have a very large, highly skilled talent pool with more than 8,000 employees. Please visit www.insigmaus.com  for more information.

 

About TmaxSoft, Inc.

TmaxSoft is a global software innovator focused on infrastructure and data modernization, with solutions that offer enterprise CIOs viable alternatives to support their global IT powerhouses and drive competitive advantage. Tibero is the best enterprise RDBMS for the Virtual Data Center. Our licensing model allows enterprises to fully maximize their virtualization investment by only licensing the cores associated to a given VM, resulting in drastically lower TCO. OpenFrame is a legacy rehosting solution that enables mainframe applications, resources and data to be migrated to a less expensive, high performance open system while reducing TCO and minimizing risk of migration. JEUS is the first Web Application Server in the world to be J2EE 1.4, JAVA EE 5, and JAVA EE 6 Certified, and delivers improved security over traditional WAS. TmaxSoft was founded in 1997 and is the largest independent software company in South Korea. We have over 800 employees in 12 strategic centers around the world. TmaxSoft U.S. headquarters for sales, service, and customer support is located in Chicago. Please visit us.tmaxsoft.com for more information.

 

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