Priya Patel• A major multinational bank is testing a migration from Sybase to MongoDB for its post-trade applications, in collaboration with Accenture.
• Sybase is a powerful relational database management system owned by SAP, which is widely used in the banking sector.
• Sybase’s mainstream support and patching will end in 2025, prompting many banks to consider alternatives.
• MongoDB Atlas offers scalability, flexibility, and cloud-native capabilities that Sybase lacks.
• Migrating from Sybase to MongoDB presents challenges, including differences in data models and complex custom code, but it will enable the bank to leverage data insights and develop new products and services.
• The success of this migration could pave the way for similar transitions for other legacy applications on Sybase.
