Platform Modernization in the Banking and Financial Services Industry
Legacy platforms and technical debt are common in the environments most core banking systems operate today.
Every enterprise today feels the pressure – the shared infrastructure has been neglected in the rush to satisfy the digital imperatives of individual business areas.
What are your options to modernize applications and data centers? What are the right SaaS/ERP systems, cloud/IaaS/PaaS solutions, networks approach? And how should you approach system integration with your legacy systems and digital upgrades?
ISG can help you create a digital strategy to determine what can be sourced to get your infrastructure up to expectations faster and more effectively. Along the way, we can help you find opportunities to optimize costs and fund your digital initiatives.
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Learn MoreAre you under pressure to reduce your mainframe costs? Several service providers are addressing the increasing demand to free business data that resides in mainframe systems. From a high-level perspective, all companies are moving their data from on-premises to the cloud for leveraging advanced analytics, AI, machine learning and data lakes. When data sits on a mainframe, companies find that the need for data access drives modernization.
The focus on digital transformation is driving companies to the cloud. However, this is pushing the limits of connectivity and putting a stress on architecture ― creating a distention of ultra-modern digital systems connected to classic mainframes. One can portend a breakdown in architecture if this trend continues. Companies that are dependent on mainframes need to have a plan to prevent this disruption from becoming a reality.
Recent improvements in application modernization tools offer more robust alternatives to modernize and innovate legacy systems to add agility and integration, thereby maximizing the return of the investments enterprises have made in technology through the years. ISG assessed Ensono’s portfolio to learn how the company helps clients extract cost from their mainframes and how it delivers application modernization.
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