The impact of Cloud Migration Assurance on legacy banking applications

1. The impact of Cloud Migration Assurance on legacy banking applications

2. The impact of Cloud Migration Assurance on legacy banking applications Legacy banking systems are decades behind as digital advancements continue to disrupt the sector. Cloud computing has long since crossed the line from experimental to mainstream. The next question is how quickly companies should adopt and convert to cloud computing. The developments in adjacent technology markets include Digitalization, where 28% of new enterprise IT spend, and >60% of annual IT spend, will be made on cloud-based offerings. Also, it is estimated that 40% of existing application software will be moved to the hybrid cloud by 2022. Cloud Adoption Challenges for Legacy Banking Applications While the benefits of cloud migration are increasingly becoming evident in one way or another, migration to a cloud-based infrastructure and operational model comes with its own set of challenges that need to be addressed effectively to ensure the success of the migration. System availability: While a transition from an on-premise to a cloud-based model is done, it is essential to ensure there is no impact on the customer experience regarding availability and performance, especially in the case of business-critical applications like Core Banking applications.

3. The impact of Cloud Migration Assurance on legacy banking applications • Data Consistency: Data is the most sensitive element of a BFSI ecosystem, and a major transformational program such as cloud migration can get quite challenging in this aspect. The various data sets such as product data, account data, and historical transactional data need to be carefully backed up and migrated onto the new cloud infrastructure. This whole process should not open any vulnerabilities in terms of access and obfuscation • Test imperatives and the overall cloud migration assurance approach • There is a compelling need for a testing service provider to validate activities across the entire value chain of the cloud migration journey. Stringent and diligent assurance is critical across the whole value chain of the cloud migration journey to ensure success. The validations have to be done across the technological layers of, • Infrastructure: • Modelling the infrastructure basis, the recommended design architecture and environment blueprint • Validating the necessary integrations for the correct configuration settings • Data: • Validating all database components are migrated • Testing the data flow as per the requirements • Testing of data security at rest, in use and during transit

4. The impact of Cloud Migration Assurance on legacy banking applications Pre-migration advisory, migration assurance, and post-migration validation are all part of Cigniti’s Cloud Migration Assurance Services. The Cloud Assurance Platform (CLAP) is a complete testing platform developed on top of our AI-enabled quality engineering platform, BlueSwan, to deliver testing services throughout the migration lifecycle. We create value-added solutions with our Cloud assurance solution and deep BFSI domain knowledge in understanding business processes and requirements throughout the industry. Our primary technical differentiators include Cigniti’s CLAP Platform, automated, reusable test scripts, and automated test strategy. Cigniti’sCloud Migration Assurance services can help you get the best out of your cloud transition for legacy banking applications. Schedule a discussion now. Read Full Blog at: https://www.cigniti.com/blog/cloud-migration-assurance-banking