Athlone Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy
info@zinkworks.com
Legacy system migration GMI
Modernizing critical systems for tomorrow's growth
Value Proposition
Zinkworks supports tier 1 banks to modernize their back office and middle office systems. We drive the transition from legacy back-office systems to state-of-the-art cloud-native, scalable, micro-service based architectures
In particular our expertise is in Post-Trade Clearing & Settlement systems. By doing so, Banks benefit from scalable, high performing back-office systems ensuring banks are fully compliant with the latest regulatory landscape while unlocking the development of new products and services to fulfil their long-term strategic ambition.
Problem statement
01
Regulatory restrictions
Legacy systems do not meet the upcoming regulatory changes in banking.
02
High maintenance cost
Significant resources needed to maintain and support outdated systems.
03
Scalability issues
Difficulty handling increasing transaction volumes and complex financial products.
04
Slow time to market
Extended timelines for launching new financial products or services.
05
Poor integration capabilities
Challenges in integrating with modern fintech solutions and third-party applications.
06
Security vulnerabilities
Increased risk of security breaches and cyber threats due to outdated security measures.
Business impact
01
Rising CAPEX/OPEX from legacy systems
Ever rising CAPEX/OPEX profile directly linked with ageing legacy systems.
02
Compliance risks in regulatory landscape
Increased risks associated with lack of compliance in the regulatory landscape.
03
Growth limited by current business model
Overall business growth restricted to current business model; no opportunity to launch new products and services.
Solution
Zinkworks R&D solution will accelerate delivery your R&D roadmaps
particularly in complex innovation space such as the path to autonomous network. we have offered ORAN cloud based network management solutions – due to our specific competence in ORAN, AI enablement and cloud-native architectures.
Zinkworks use a phased approach to migrate network functions with each phase delivering incremental cost savings – ultimately transitioning CSPs onto a centralised cloud native data pool, which enables AI use cases & autonomous network management in later phases.
Proof of value
Zinkworks currently works on the world’s first GMI transition for a tier 1 settlement bank in the United States; due to be completed in 2025. To-date, we can report the following:
Technology Excellence
From RFP to delivery, our team has excelled in architecting, developing and delivering a bespoke, detailed and outcome-oriented solution perfectly aligned with our client and regulator's expectations.
Budget Transparency
Our fixed-cost approach gave complete peace of mind on the budget costs; where the risks were supported by us.
Delivery Excellence
The overall project milestones have so-far all been delivered on time; hitting every major project milestone consistently with very clear upfront planning.
Cost Savings
Our fixed-cost approach gave complete peace of mind on the budget costs; where the risks were supported by us.
Working with Zinkworks has been a game-changer for us. Their expertise in modernizing our legacy systems and seamless cloud migration minimized downtime and disruptions. They truly understand the challenges CSPs face, and their solutions have improved both our infrastructure and customer experience. We’re now more agile and ready for the future. Highly recommend!
Working with Zinkworks has been a game-changer for us. Their expertise in modernizing our legacy systems and seamless cloud migration minimized downtime and disruptions. They truly understand the challenges CSPs face, and their solutions have improved both our infrastructure and customer experience. We’re now more agile and ready for the future. Highly recommend!