Our Modernization for Banks on Microsoft Azure

A cloud strategy, particularly for banking organizations, needs to be in line with the philosophy of an ever-evolving business while also shouldering and reinventing the traditional cultural virtues of the finance industry to better serve customers. It ought to consider both the present and the future, utilizing upcoming technologies more successfully. A well-planned cloud adoption strategy can not only result in incremental cost savings but also open the door for the bank to embark on a future journey that is both transformational and cost-effective.

Whatever stage of cloud adoption your bank is in, we can assist you in moving to Microsoft Azure, modernizing your bank there, and implementing application-focused managed services to further reduce costs, improve operational effectiveness, scalability, agility, and resilience.

We and Azure – A Winning Duo for any Digital Transformation Initiative

As an Azure Expert MSP, we assist banks in getting a head start on cloud adoption. Together, we simplify and secure an enterprise's cloud migration process like never before. We provide Azure Managed Services with a single SLA up to the application layer thanks to a cloud adoption and service delivery framework that is designed to support a variety of architectures and requirements.

Learn how our company, a true pioneer in cloud banking, can help your bank create real value through digital transformation and managed services that are application-focused.

Our Dedicated BFSI Practice

Our dedicated practice in banking and financial services assists banks in developing the best transformation strategy. No matter what kind of bank, financial institution, or provider of payments services you are, we have a tailored approach to help you update your IT and reap the benefits of the cloud.

Credit unions and Co-Operative banks

Most likely, if you are in charge of a cooperative bank, you are thinking about selectively and gradually updating your core systems. We give you the freedom to modernize the workloads and processes you select, depending on the stage of cloud adoption your bank is in. For instance, we could migrate your core banking application gradually after moving the non-core applications first.

Established Banks

Adopting frameworks that enable new mobile, internet banking, and corporate portal features is probably your top cloud priority as CIOs strive to accelerate innovation and deliver better customer experiences. Similarly, we help established banks migrate to new core banking platforms on existing infrastructure in a "lift and shift" manner or by implementing a "modernization" approach for data, infrastructure, and applications.

NBFCs and microfinance institutions

Building APIs on Azure for internal and external use allows institutions to collaborate with their partner ecosystems on a deeper level. In order to deliver cutting-edge products that improve the customer experience, Azure collaborates with the industry and promotes reference standard API models like the Banking Industry Architecture Network (BIAN). BIAN, which is based on a service-oriented architecture, helps banks implement their digital banking initiatives and improve their architectural maturity, leading to a better user experience and transaction quality.

Banks in emerging markets and game-changing institutions

We can assist you in launching a challenger, born-in-the-cloud bank with a new brand and a fresh set of supporting procedures in collaboration with Microsoft Azure. RPA can be used by your bank to speed up processing times and create real-time data hubs or data lakes to produce insights and develop new products. Banks have the ability to take advantage of all the managed service features that the cloud has to offer, in addition to the fact that cloud-hosted applications are quicker, smarter, and more resilient.

High-end cloud managed services provider with a factory approach that focuses on applications

We have a wealth of experience creating and delivering specialized, all-inclusive banking solutions across numerous markets and geographies. Our tried-and-true cloud adoption framework for banks was created based on actual situations, so you can accurately assess where you stand and the best way for your business to undergo a digital transformation.

Our cutting-edge managed services are made to assist banks at different stages of their development adopt technological advancements that will greatly increase their capacity to meet customer expectations while managing more demanding regulatory and compliance requirements.

Bank Security Adoption Framework: The Hybrid Method

Over 2,000 cloud and security experts work in our seasoned banking practice. We implement cybersecurity in accordance with the standards demanded by central banks. To strengthen the security of your bank and reduce any risk or financial crime, we make use of a variety of cloud native and third-party security tools.

Along with expertise in global industry compliances like PCI-DSS, GxP, HIPAA, SOC 1 & 2, CSA and country-specific compliances like GDPR (EU), IRAP (Australia), FedRAMP (US), MAS (Singapore), OJK (Indonesia), RBI & MEITY (India), we have a comprehensive cloud security framework that includes 40+ security controls like DAM, SIEM, WAF, VAPT, PIM, etc

We Offerings for Cloud Banking

Cloud Adoption Framework for Banks

To make sure that your path to cloud transformation is as seamless, quick, and affordable as possible for the financial sector, we offer advanced assessment services. Our team of experts ensures the best solution for you at every stage, from your infrastructure as-is analysis report to security and compliance, business continuity and business process gap analysis, and mitigation planning.

● Dependency-based Evaluation.
● Leading-edge Migration Strategy.
● Definition of Banking Reference Architecture.
● High-Performance Setting.
● Our Next-Generation Method for Using the Cloud.

Modernization of databases

Leading companies frequently double their data footprints every year. They want to cut costs, benefit from more recent big data types, and have more freedom when it comes to data analysis thanks to potent AI and ML algorithms. And modernizing data—transferring data from antiquated databases to contemporary cloud-based databases—makes all of these possibilities possible.

● Platform knowledge and experience in the public cloud
● Data migration is made possible by our Migration factory
● Data security that meets military standards
● Methodology for migration with no downtime
● Large-scale migrations that are complex
● Data integrity is ensured by a three-pronged migration strategy.

DevOps services for banks

In order to increase agility and accelerate time to market, banks must switch to a DevOps deployment model. By automating testing and instantaneously releasing updated versions of the application code, our DevOps strategies assist banks in hastening the release process. Your bank receives a unified data strategy on Azure that makes use of open source, programming languages, and frameworks while facilitating interoperability.

● Google DevOps
● Virtual Studio Code for Azure
● Microsoft Data Catalog
● Management of Azure API
● A Logic Apps Azure

Service for Banks and Financial Institutions using Kubernetes

Real-time hyper personalization, immediate scalability, and response to evolving security challenges are all necessary for banks to keep up with the constantly changing customer demands; these goals cannot be met with conventional on-premise systems. Because applications and data are "contained" within a workload and not visible unless made visible, containerization is secure because it prevents containers from interfering with one another. When creating a bank's cloud environment, whether in the public cloud, private cloud, or hybrid, the container-based orchestration environment offered by Kubernetes offers a great deal of flexibility.

Banks can create, operate, and manage cloud applications using Kubernetes as a Service with Azure Kubernetes Services (AKS), which offers agility and dependability in an on-premise setting. Applications can be deployed and updated quickly, and resources can be used to their fullest potential.

Compliance as a Service

By developing a thorough compliance roadmap and giving you the necessary people, process, and technology metrics, we can assist your bank in accelerating the security and compliance process. The following are some of the major regulations and standards that we will assist you in following.

● RBI Conformity
● Compliance with GDPR
● IRAP
● GxP
● The Singapore Monetary Authority's (MAS) Compliance
● Compliance with the Saudi Arabian Monetary Authority
● PCI-DSS ASV Scanning for Bank Negara Malaysia Compliance

Advanced Threat Protection and Vulnerability Management

Continuous vulnerability and misconfiguration discovery is a feature of our Threat Detection and Vulnerability Management solution. Threats are ranked in priority according to the business environment and the dynamic threat landscape. In the course of incident investigations, the solution assists in locating machine-level vulnerabilities.

Azure guarantees complete industry coverage for security and compliance using cutting-edge security tools.

● Sentinel Azure
● AVaults Azure
● Security Group for Azure Apps
● Security Center for Azure

Join Us as You Begin Your Transition to Cloud-Based Banking

Because every organization is different, its journey toward digital transformation will be as well. It is essential to comprehend current capabilities and then best match them to our desired goals. We not only reduce go-to-market times but also give banks the tools they need to maintain total control despite rapid changes in regulatory, commercial, and customer requirements.

Zero trust for businesses providing financial services

Financial services has been on the front lines of data breaches, identity theft, and credit card fraud, so it has also been on the front lines of adopting Zero Trust, unlike many industries where it is still in its infancy.

Cybersecurity in the Modern Era

The stakes are high when a cyber-attack occurs, especially as a result of errors in judgment by employees working from home and other factors, so this paper is pertinent for any organization and particularly so for banking.

Up in the Cloud

Is your bank prepared to take part in a collaborative, open, and innovative ecosystem? Can you quickly prototype new services, manage regulatory compliance transparently, onboard customers seamlessly, and use AI systems to reduce losses and downtime?

The Cloud Banking Code

For effective operational scalability, a major global banking organization adopts a private cloud architecture that is GDPR compliant, contemporary, and cyber resilient.