Unable to create application connected to IBM DB2 after upgrade to SC 9.4.008

In SC 9.4.008 the IBM DB2 connection has been broken.
Despite a connection can be created successfully , SC refuses to create any type of application returning a Connection Error.
SC with IBM DB2 is unusable at the moment, I have checked the same with MySQL and works with no issue,

Steps to reproduce the problem:

  1. Install SC 9.4.009 or SC 9.4.008 (the issue is not present in SC 9.4.007)
  2. Create a valid connection to database IBM Db2 and make sure the connection test is ok
  3. Try to create an application, for example a grid or a form
  4. SC will reply with a connection error even if the connection set up in 2) is valid and tested ok