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2025/03/26
Banks, insurance companies, airlines, and other legacy industries are sitting on millions—sometimes billions—of lines of code written decades ago. These outdated systems are expensive to maintain, difficult to update, and risky to touch. Yet modernizing them has long been considered too complex and costly.
Enter AI-powered software modernization.
Recent advances in AI, particularly in code understanding, refactoring, and automated transformation, are making it not only feasible but practical to bring legacy software into the modern age. For banks and other heavily regulated industries, this presents a game-changing opportunity to reduce technical debt, enhance security, and dramatically cut costs.
Legacy systems remain deeply embedded in core banking functions—from transaction processing to customer data management. But maintaining these systems is both expensive and risky:
Modernizing these systems manually is time-consuming and prone to error. But with the help of AI, banks can now accelerate this transition at a fraction of the traditional cost.
AI models trained on millions of codebases can now understand, refactor, and rewrite legacy code in modern languages. This includes:
Instead of taking years and massive consulting teams to modernize a monolithic app, AI-powered solutions can assist developers in performing this work in weeks or months.
Mechanical Orchard specializes in modernizing legacy applications using a unique blend of AI automation and expert engineering. They work with industries like finance and government to migrate mainframe systems to cloud-native architectures.
What they do:
Why it matters for banks:
Moderne.AI focuses on large-scale code refactoring using automation. Its platform analyzes massive codebases to find and apply changes across thousands of repositories—at scale, and without breaking things.
What they do:
Why it matters for financial services:
For large enterprises like banks, the impact of using AI for software modernization can be massive:
Instead of spending millions every year maintaining brittle, outdated code, banks can reinvest that capital into innovation, customer experience, and competitive advantage.
AI is not just changing how we build software—it’s changing how we modernize it. For legacy industries like banking, AI-powered modernization platforms like Mechanical Orchard and Moderne.AI offer a path forward that’s faster, safer, and more cost-effective than ever before.
Organizations that embrace these tools will gain a significant edge in agility, security, and innovation.
To discover more trusted AI platforms for software development and enterprise modernization, visit TrustedBy.ai.
