Legacy Modernization


Legacy modernization involves updating outdated systems and applications to meet current business and technical needs. It enhances efficiency, scalability, and user experience by adopting contemporary technologies, such as cloud computing, microservices and APIs. The process ensures smoother operations, improved security, and compatibility with evolving industry standards, positioning organizations for sustained growth in the digital era.

Problem Statement

We partnered with a Large Financial Institute based in Australia, on the below challenges, that they were facing with their legacy technology and applications.

Account Management applications, like General Accounts, Ledgers and Non-Ledger systems, to be exposed as APIs for modern applications such as Internet banking and Mobile Banking.

Some of these capabilities to be made available for external parties of the bank securely.

Modernize legacy (Mainframe) ledger capabilities like Account Overview, Account List, Account Balance, Account Details etc. in a fashion that enable rapid development.

Our Solution

Our Solution Engineers worked with the Bank’s Architects to finalize Microservices architecture-based solutions to enable rapid development and scalability.

Each of the account management functionality was exposed to consumers via APIs.

RESTful services were architected, designed and developed using Java based technologies.

In upkeeping with Compliance and Regulatory requirements, secured and scalable non-functional requirements were fulfilled.

Compliance to both enterprise architecture principles and APRA regulatory requirements were met and verified thorough internal and external review processes.

Business Value Add & Our Role

Business Value Add
  • Legacy Integration Services were replaced by Microservices based architecture and APIs to enable Internet Banking and Mobile Banking to new features to customers without being blocked by slower legacy changes.
  • By updating their tech stack the financial institute were able to mitigate risk of out of support technologies.
  • Other wins were enabling rapid development and deployment, better analytics and risk management,
Product Management

Our experienced team of consultants were responsible for

  • Breaking down large and complex business requirements to technically implementable user stories
  • Backlog Management
  • Work Prioritization
  • Stakeholder Management
  • Delivery Management
  • Scrum Management
Solution Engineering, Development and Quality Assurance
  • Solution Design
  • Development
  • Quality Assurance (functional and non-functional)
  • Change Management and Deployments