Swedbank’s Legacy Applications Migration

Overview

Successful migration from VB6 to Visual Basic .Net, resulting in a significant reduction in man-hours for application upkeep and improved operational effectiveness.

Client

Swedbank is a modern, full-service bank with 7,3 million private customers and 618,000 corporate customers.

Industry
Finance
Country
Sweden

Flexibility was a big selling point for us. We are collaborative, and prefer to be flexible. Euvic demonstrated time and again that they could adapt to our working norms, collaborate across cultures, and give us exactly the engineering talent that we needed.

Orcun Uzun
CEO, Tikla Gelsin
Background
Challenge

In 2014, Microsoft ended its support for Visual Basics 6 (VB6), leading Swedbank to plan a shift for its applications from VB6 to the more advanced Visual Basic .Net.  

With limited internal resources to carry out this technical transition, Swedbank sought an external partner. Given their solid track record in similar projects, proven methodologies, and excellent references from clients, including Microsoft, Euvic was chosen. Swedbank assigned Euvic with migrating three vital applications, which consisted of a total of 626,000 distinct codes. 

Solution

Swedbank partnered with Euvic to migrate their environment. After a thorough security audit, Euvic was found to adhere to all safety standards, covering both physical database access and software environment security.

Our team, which consisted of a project manager, four developers, and a tester, seamlessly collaborated with Swedbank, utilizing the Scrum framework to guide their joint efforts. We strategically transitioned from VB6 to Visual Basic .Net to keep Swedbank’s core applications updated with the latest technology.

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Results
  • Technological Upgrade: Transitioning to Visual Basic .Net gave Swedbank an edge by keeping their core applications modernized and relevant.
  • Operational Efficiency: A testament to the efficacy of the partnership was the marked reduction in application maintenance hours. What was previously a 150-hour task was condensed to a mere 40 hours, allowing for resource reallocation to other critical areas.
  • Future-readiness: With the updated technology stack, Swedbank is better positioned to integrate future technological advancements, ensuring sustainability and growth in the rapidly evolving banking sector.

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