The answer is actually a little more complicated than what is indicated here. True, transactions are standardized by ANSI, and DB2 can support them.
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9.1 z/OS SQL (. 28; http://www-01.ibm.com/support/docview.wss?uid=swg27011656#manuals):
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SAVEPOINT A ON ROLLBACK RETAIN CURSORS;
UPDATE MYTABLE SET MYCOL = 'VAL' WHERE 1;
ROLLBACK WORK TO SAVEPOINT A;
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