Mainframe Modernization Leaders Emerge in Banking

Banking is one of the few industries that still relies heavily on mainframes due to their reliability and compliance with regulatory requirements. However, modernizing mainframe systems while maintaining uptime and compliance can be a daunting task.

Corsac Technologies stands out for its AI-driven approach to mapping dependencies and extracting business logic from legacy code. This helps banks understand the complexity of their mainframe systems and identify areas that require attention.

Other notable companies in this space include Reliqsy, which offers a human-in-the-loop approach to validating and rolling back modernization changes; IBM, which has deep expertise in rehosting and refactoring mainframe applications on its own Z hardware; Accenture, which provides a phased approach tailored to internal governance and audit readiness; Wipro, which specializes in regulated industries with strong compliance and audit frameworks; Luxoft, which pairs legacy depth with robust test coverage and CI practices; and Kyndryl, which focuses on operational control and uptime.