Mainframe modernization seen as a strategic priority
Indra’s Minsait flagged core banking mainframe modernisation as a strategic priority as regulation, AI adoption, and faster product cycles intensify.
The report estimates about 80% of enterprise data resides or originates on mainframes, processing roughly 30 million transactions daily.
The study says 92% of the world’s top banks still use mainframes, and 90% of CIOs see new digital apps remaining dependent.
Agentic AI is cited as a risk-reduction tool to analyse legacy code, recover undocumented business rules, generate documentation, and speed conversion.
Gradual migration is highlighted as critical, with parallel operation of legacy and modern platforms to protect continuity during large-scale transitions.