Nagano Prefecture’s Nagano Shinkin Bank (a regional credit union) is modernizing its core banking infrastructure by adopting Oracle Cloud Infrastructure (OCI) and Oracle Base Database Service. This initiative marks the first implementation of a fully open, Java-based accounting system on OCI in Japan’s financial sector prnewswire.com+8itbusinesstoday.com+8oracle.com+8oracle.com+11itmedia.co.jp+11prtimes.jp+11.
The modernization project, supported by Accenture, involves migrating from legacy mainframe systems using Accenture’s MAJALIS tool to convert code from COBOL to Java, with plans to go live by 2027 itmedia.co.jp+1prtimes.jp+1. This move is part of broader efforts to overcome Japan’s “2025 cliff” of aging IT infrastructure and improve system flexibility and maintainability .
OCI was chosen for its proven performance in mission-critical environments, high availability through Real Application Clusters (RAC), and cost effectiveness oracle.com+4itmedia.co.jp+4prtimes.jp+4. The bank aims to enhance reliability, responsiveness, and overall operational efficiency with this modern cloud-based core banking platform.
👉 Read the full announcement at IT Business Today.
https://itbusinesstoday.com/
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