Financial Services · 2025

Core banking modernization at a global bank

We led a multi-year core banking modernization that retired legacy mainframes and stood up a cloud-native banking platform across 14 markets.

+18%

Revenue growth

-32%

Cost reduction

+58%

Process efficiency

82 NPS

Customer satisfaction

12,000 hrs/yr

Time saved

Client

Top-10 global bank

The challenge

Decades of legacy infrastructure had created brittle integrations, six-week release cycles, and rising operating costs. Regulatory pressure required a credible modernization plan.

Our approach

  1. Defined a target operating model and reference architecture
  2. Established a 200-person delivery factory with shared squads
  3. Migrated 9 country instances to a cloud-native core
  4. Implemented MLOps and observability tooling end-to-end

The outcome

Within 30 months the bank closed two mainframe data centers, halved unit operating cost, and shipped weekly to production.

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