Application Development & Operations - Customized solutions for the financial sector

Companies in the finance and insurance sector are suffering more and more from old legacy systems these days. While it used to be the standard to rely on COBOL and mainframe, it is now a major problem. The systems are expensive, maintenance-intensive, inflexible and the know-how in the old technologies is becoming less and less.

To remain competitive in the long term, companies need to get rid of their old legacy systems. This is the only way to increase the digitization and automation rate in the long term while reducing costs and flexibly adapting their IT applications.

The replacement of old legacy systems can be implemented in a variety of ways. The decision on how to replace a system must be considered and decided on an individual basis. Whether it is a purely technical migration to a more up-to-date basis or a complete new build. The decision must be well-considered and well-planned.

For modern banks and insurance companies that are digitizing their business processes, high availability of their IT systems is of crucial importance. With the introduction of mobile access options to corresponding services, they are under increasing pressure to offer their IT financial services available and accessible at all times. This requires high expectations in terms of service availability and reliability. At the same time, compliance, data protection and IT security requirements are becoming increasingly important. The complexity of the various processes required to comprehensively "host" and operate such an IT service is constantly increasing.

In order for banks and insurance companies to remain competitive, it will be all the more important to provide operational support from a single source. The bank or insurance company of the future should no longer have to deal with the small-scale coordination of operational and support units, which may still be decentralized across several providers. Instead, these activities should be bundled and managed by one provider or service provider.  This means that the entire control process runs through exactly one channel.

End-to-end operation is a practice-oriented solution. The complete IT operation is set up or taken over by our specialists in the company. As a customer, the service can therefore be managed completely from a single source. This results in a high degree of synergy and easy control for the customer, as only one service provider is responsible for the entire operation.