Mainframe's Role in Financial Services Modernization

This IDC Perspective explores the critical role of mainframes in the financial services sector, highlighting their resilience, speed, security, and scale. Despite the cloud migration trend, over 90% of financial institutions still rely on mainframes for key workloads. The document discusses modernization approaches, investment trends, and strategic recommendations for financial institutions to optimize their mainframe operations while addressing challenges like talent shortages and evolving tech