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Banking and Financial Markets
Overview
We help banking, payments, and financial markets leaders optimize their IT workloads for a superior customer experience.
Modernize to drive business priorities
When a major US bank committed to a cloud-first approach, Kyndryl migrated its core systems to help improve digital banking.
Innovate for exceptional customer experience
Kyndryl is helping a Middle Eastern bank harness the power of its data to provide personalized offerings to its customers.
Build a secure financial ecosystem
A major national stock exchange partnered with Kyndryl to automate its disaster recovery operations.
Banking and Financial Markets
Your clients
are your future
Delight them with real-time,
secure, and innovative experiences
Banking and Financial Markets
Your clients are your future
Delight them with real-time, secure and innovative experiences
We help banking, payments, and financial markets leaders optimize their IT workloads for a superior customer experience.
Banking and Financial Markets
Accelerate modernization to drive business priorities
When a major bank committed to a cloud-first approach, Kyndryl migrated its core systems to help improve customers’ digital banking experience.
Banking and Financial Markets
Innovate to deliver exceptional customer experience
Kyndryl helped a Middle Eastern bank harness the power of its data to provide best-in-class experience and personalized offerings to its customers.
Banking and Financial Markets
Build a secure and resilient financial ecosystem
Faced with a time-consuming and manual process disaster recovery (DR) process, a national stock exchange sought the right tool to automate its DR operations.
03 things
to know
01
85% of executives
agree that a better employee experience translates to a better customer experience and higher revenue.
Source: IDC
02
73% of CEOs
say that deriving value from data is their top priority and is essential to remaining competitive.
03
By 2025
70% of CEOs will mandate resilience to survive threats from cybercrime, severe weather, and political instabilities.
Source: Gartner

industry experts

Our experts, your challenges
Read the Q&A with Kyndryl expert, Robert Turner.

QHow are regulations changing the way financial institutions manage cyber security risk?

AAs financial institutions move to multicloud environments to address concentration risk, they actually open up more risks associated with compliance and security and resiliency.

Addressing these risks is critical, and the SEC now requires financial institutions to report their compliance and security posture as part of their earnings statements.

To meet these requirements, financial institutions need to prioritize third-party risk management and end-to-end compliance across their ecosystem of partners.

QWhy is there a growing focus on modernizing core system technology in the financial services industry?

AMany financial services companies have invested heavily in front-office capabilities over the past few years, but they haven't prioritized all the back-office platforms and services that are needed to modernize. That creates a lot of technology debt, which creates more fixed costs versus variable costs in their budgets.

These older technologies are harder to integrate with new services so there's a need to modernize core systems and shift from fixed cost budgets to more variable cost budgets. The modern core systems are easier to integrate and enable business partners and their firms to accelerate innovation and speed to market.
See more
Robert Turner
General Manager
US Financial Services
Kyndryl
Robert Turner
General Manager
US Financial Services
Kyndryl
Take the next step

Drive growth through modernization and transformation

Reimagine business models with modern IT operations to meet customer demands and drive top line growth.

Kyndryl can help you:
  • Accelerate and simplify implementation of cloud-native applications, infrastructure, data, and AI to optimize core banking systems
  • Innovate with embedded finance and banking-as-a-service solutions by modernizing mission critical applications
  • Co-develop enterprise-grade cloud environments with guardrails for efficient, cost-effective, and secure use
  • Establish and deploy end-to-end automation to transform IT organizations into a true digital-native business partner
Customer use case
 

Business challenge
A full-service, publicly traded U.S. bank committed to taking a scalable cloud-first approach. Their desire to accelerate their digital banking experiences and benefit from technology innovation available from their ecosystem was hindered by both their legacy IT infrastructure and the skills shortage that kept their datacenter and mainframe operations in-house.  ​

 

How Kyndryl helped
With industry-leading mainframe services and expertise in mission-critical systems, Kyndryl helped the bank modernize their mainframe environment and core banking systems and migrated over 100 critical applications onto the cloud.​

 

Outcomes
Kyndryl helped the bank to achieve their goals by migrating their core banking systems and critical processes from their on-premises mainframe onto the cloud, enabling streamlined operations,  and continuous improvement and innovation across the business. ​