New Contract for CalPERS

M CORP ANNOUNCES NEW CONTRACT TO ELIMINATE ADABAS FOR CalPERS, NATION’S LARGEST PENSION SYSTEM

SACRAMENTO — M Corp announced today a new project for the California Public Employees’ Retirement System (CalPERS) for re-hosting its historic member data from a legacy mainframe to an open systems platform.

M Corp, utilizing its Legacy Transformation Frameworks, is moving CalPERS’ existing Adabas/Natural-based applications from a mainframe environment to an off mainframe relational database.

CalPERS wants to retire the mainframe hardware and software platform in the shortest possible timeframe but allow users continued access to the historical data, which prompted the contract with M Corp.

M Corp has extensive experience in legacy, with 17 previous projects, including many for the State of California.

“We use our fully developed and proven Legacy Roadmap and proprietary frameworks to execute complex legacy system conversion, migration and modernization projects,” said Alex Castro, a founding partner of M Corp. “These frameworks are proven and documented methodologies and processes, resulting in consistent and low-risk solution approaches..”

CalPERS is the nation’s largest public pension fund, with about $240 billion in assets. The Sacramento-based pension system administers retirement benefits for more than 1.6 million active and retired state, public school and local public agency employees and their families.

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