Overview
The challenge Global Financial Service organizations are more than ever wanting to improve agility and increase efficiencies to improve their customer offerings. To achieve these aims, they want to invest in value-add cloud services and the potential power of AI, while operating within in a regulatory landscape with stringent data governance requirements. Legacy applications and infrastructure, in the form of on-prem VMware estates and mainframe systems present a challenge to agility and continued adherence to ever-changing security and compliance frameworks.
The solution Version 1’s expertise and experience with AWS and Financial Services can be a catalyst for change with AI-powered AWS Transform service. The AWS Transform service delivers modernization of applications and infrastructure at scale and speed. Legacy assets can be discovered, analyzed and transformed using the power of AI agents (trained on years of collected domain-specific experience), in a fraction of the time taken through manual efforts, supporting the following use cases.
- Migration of on-prem VMWare workloads to AWS, through discovery, planning and transformation of compute, network and storage to native AWS services. Dedicated AWS migration services ensure that migration of workloads are tested and tracked according to organizational priorities
- COBOL mainframe modernization, to improve agility, cost-efficiency and resilience of mainframe applications as they are refactored and decomposed into modern Java
- Upgrading of legacy Microsoft .NET applications to cross-platform versions, reducing OS licensing costs and increasing security
Additionally, we offer expertise in taking the output of modernized assets and using our tried and tested AWS experience to deliver well-architected solutions. We can ensure modernized workloads are correctly designed, built, tested, deployed and monitored, consistent with a defense-in-depth security approach and established Financial Services regulations defining data and operational governance.
In summary, we offer the transformation of legacy Financial Services’ workloads to secure, cloud-native, resilient, equivalents, demonstrating auditable compliance and equipped to adapt to changing requirements.
Why version 1? Version 1 has extensive experience delivering thousands of migrated mission-critical workloads for enterprise-level clients. These have directly contributed to strategic outcomes for our customers helping them reduce cost and risk, while delivering business benefits and opportunities to grow, scale and adapt to change.
Version 1 fully understands adherence of Financial Institutions workloads to compliance and regulatory frameworks and the need to provide autonomy over data, access, security and resiliency, backed by AWS’ Digital Sovereignty Pledge.
Highlights
- Use our extensive expertise in performing modernization and zero-downtime migrations of mission-critical Financial Services workloads.
- Complete end-to-end migration offering, from initial discovery to the operation of deployed mission-critical citizen services that take advantage of cloud-native security, data sovereignty and resiliency.
- Benefit from efficiency and quality of modern cloud and AI services and migrate on-prem VMware estates and COBOL mainframes to AWS 4x quicker and reduce operating costs by up to 40%
Details
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