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Legacy modernization: Making banks cloud-ready

14 MINS READ

Pranava Balakrishnan

Director, Lending Services at Credit Suisse

Akhilesh Kumar Tiwary

Chief Architect, Banking, Financial Services, and Insurance at TCS

Highlights

  • Banks continue to grapple with legacy applications, which result in high maintenance costs, longer time-to-market, and error-prone business operations.
  • Modernization of legacy applications has emerged as a crucial prerequisite for the rapid digital transformation of financial institutions.
  • We explore how a containerized approach underpinned by microservices is helping Credit Suisse become cloud-ready.