BFSI

The Challenge

Legacy Banking Systems: The Modernization Barrier

Why mid-tier institutions are struggling to move forward?

Legacy System Entrapment

80%+ of banks still run on outdated COBOL cores with heavy vendor lock-in.
Flexibility is limited, and change is costly.

Risk-Averse Culture

Regulations and audit pressure stall bold tech decisions.
Banks play it safe even when legacy systems are failing them.

Data Fragmentation Challenges

Disconnected systems lead to siloed, unreliable data.
There’s no single source of truth to drive smarter decisions.

Our Approach

Layered Modernization Strategy

Core Modernization

Modernize legacy cores using phased rollout and API-first integration.
Ensure zero disruption. Eliminate vendor lock-in.

Digital Experience

Redesign web and mobile channels with fast, AI-enhanced UI/UX.
Deploy in 90 days. Boost engagement.

Cloud Migration

Move to scalable, secure cloud infrastructure.
Zero downtime. Full compliance. Lower TCO.

AI-Powered Automation

Automate up to 70% of manual ops with GenAI tools.
Smarter decisions. Faster service. Less cost.

Why Switch

Our Engagement Model

We evolve your systems strategically, not replace them entirely. Our vendor-neutral approach preserves your existing investments while unlocking new capabilities:

Digital Decoupling First

API-First Architecture, Customer Experience Renewal

API Layer Integration

Hybrid Deployment Strategy, Secure Cloud Foundation

Data Layer Modernization

Unified Data Strategy, Predictive Insights

Regulatory-Ready Architecture

Compliance by Design, Audit-Ready Systems

Phased Core Evolution

Non-Disruptive Transformation, Future-Proof Foundation

Case Study

Proven Results: Our Success Story

Core Banking Modernization

Implemented the new core banking platform Temenos T24, replacing the legacy Olympic system. The solution included custom integration, microservices architecture, and API integration layers, deployed through a phased migration to ensure uninterrupted operations.

53%

Faster Processing

Transaction Volume

26%

Cost Reduction

Data Modernization Initiative

Executed a full-scale modernization by replacing fragmented legacy systems with a unified data warehouse. Integrated AI-driven data cleansing and automated regulatory reporting, unlocking real-time insights and complete customer visibility.

87%

Reporting Time Reduction

360°

Customer View

$3.4 M

Annual Cost Savings

API Banking Transformation

Deployed a secure API strategy with banking-grade authentication, core system integration, and a developer portal. Enabled rapid deployment of third-party digital services while ensuring full regulatory compliance.

New Digital Services

68%

Faster Integration

42%

Reduced Time-to-Market

Trading System Modernization

Led the successful rollout of Murex MX.3 across trading tasks, seamlessly integrating with risk systems and replacing legacy platforms with a unified, high-performance solution. Ensured full compliance with Dodd-Frank and EMIR, while streamlining operations through efficient settlement system connectors.

Legacy Systems Consolidated

82%

Faster Processing

26%

Cost Reduction

Case Study

Proven Results: Our Success Story

Core Banking Modernization

Implemented the new core banking platform Temenos T24, replacing the legacy Olympic system. The solution included custom integration, microservices architecture, and API integration layers, deployed through a phased migration to ensure uninterrupted operations.

30%

Reduction in Engineering Response Time

40%

Faster Onboarding

98%

Accuracy in Decision-Making