Banking Solutions

Core Banking Modernization Without Regulatory Risk

Transform legacy mainframe systems and meet evolving regulatory demands while maintaining uninterrupted financial services.

$8.2B

Annual cost of legacy core banking maintenance

43%

Of banks run core systems older than 25 years

$180M

Average regulatory fines from system failures

The Typical Banking Legacy Stack

These are the systems holding your organization back. We have modernized each of them.

COBOL Core Banking Platform

35+ years

high risk

Mainframe-based core banking systems processing millions of daily transactions on decades-old code.

Batch Processing Engine

30+ years

high risk

End-of-day batch cycles creating settlement delays incompatible with instant payment mandates.

Legacy Data Warehouse

20+ years

medium risk

On-premise reporting infrastructure unable to meet real-time regulatory reporting requirements.

Monolithic Middleware

15+ years

medium risk

Enterprise service bus architecture creating bottlenecks for open banking API delivery.

Key Pain Points

  • !COBOL mainframes with shrinking talent pool
  • !Batch processing unable to support real-time payments
  • !Regulatory reporting consuming excessive manual effort
  • !Open banking API mandates straining legacy architecture

Your Compliance-First Modernization Roadmap

A phased approach that keeps you compliant at every step while systematically retiring legacy risk.

Phase 1

Regulatory Impact Assessment

Completed

Map regulatory obligations (Basel III/IV, PSD2, SOX) against current system capabilities and identify gaps.

Phase 2

API Banking Layer

In Progress

Deploy PSD2/open banking compliant API gateway with real-time transaction capabilities.

Phase 3

Core Decomposition

Upcoming

Incrementally extract core banking functions into cloud-native microservices with mainframe co-existence.

Phase 4

Real-time Regulatory Platform

Upcoming

Automated regulatory reporting, real-time risk monitoring, and continuous compliance validation.

Frequently Asked Questions

Common questions from banking technology leaders evaluating core modernization.

How do you de-risk core banking migration?

We use progressive decomposition: extracting discrete banking functions into microservices while the mainframe continues processing. Each function is validated in production before the next extraction begins.

What about regulatory compliance during modernization?

Every phase includes regulatory impact analysis with sign-off gates. We maintain parallel audit trails and ensure all reporting obligations are met continuously throughout the transformation.

Can you support real-time payments on our legacy core?

Yes. We deploy a real-time payment processing layer that interfaces with your existing core, enabling instant payment capabilities without requiring a full core replacement upfront.

De-Risk Your Core Banking Transformation

Schedule an executive briefing to evaluate your legacy exposure and regulatory modernization pathway.