Case Study: Mizuho strengthens operational resilience and modernizes Oracle technology with Version 1

Mizuho upgrades Oracle technology with Version 1 and secures support until 2025

Mizuho, a leading global financial institution, faced operational risks and compliance concerns due to its aging Oracle technology infrastructure, which included several components nearing end-of-life. The bank partnered with Version 1 to modernize its Oracle Database, Business Intelligence Applications, and Hyperion EPM suite to ensure resilience and support.

Version 1 executed a comprehensive upgrade, replacing the on-premises EPM solution with the cloud-based Oracle EPM Enterprise Cloud Suite and upgrading the operating system and database. This solution provided Mizuho with a fully supported platform, significantly reduced operational risk, enhanced security, and ensured full Oracle support until 2025.

Mizuho