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Merrill | 6 days ago

Which language would you convert the COBOL to that has a compiler that compiles to the Z-series' fixed and floating decimal type machine instructions for financial calculations?

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marmarama|5 days ago

The point is that if you convert away from COBOL to a more modern language, you can also move away from Z-series hardware to commodity x86 and ARM servers. That's why this announcement affected IBM's share price.

IEEE 754-2008 defines decimal floating point arithmetic that is compatible with COBOL and is usually implemented using the Intel Decimal Floating Point Math Library on commodity hardware.

For a typical core banking ledger application, the performance cost of a software implementation of DFP (vs. having DFP hardware instructions) is pretty low, and greatly outweighed by the benefits of being able to use commodity hardware and more maintainable languages.

Merrill|5 days ago

Are there ARM or Intel servers capable of the reliability and availability of the Z-Series in Parallel Sysplex operation where processing can continue uninterrupted even if one of a pair of data centers becomes unavailable?

If a change of platform is the real objective, why not compile the COBOL for the ARM or Intel server?