Modernize legacy systems
More than just upgrades, modernization is about giving technology teams the ability to change at the pace their business requires.
Financial institutions are juggling constant change, from new regulations and tighter margins to customers who expect faster, more transparent service. But with legacy systems and complex trading environments, even the smallest of these changes can feel challenging.
Providing full front to back support, DXC helps financial institutions modernize without disrupting business-as-usual. With deep industry expertise, strong partnerships and specialized teams worldwide, we make transformation faster, safer and smarter, helping organizations strengthen compliance, reduce risk and stay resilient in a rapidly changing market.
This report reframes modernization as the ability to deliver continuous, safe change in response to regulation, market volatility and accelerating technology cycles. Learn how modern architectures, automation and managed operating models help firms stay compliant, resilient and competitive — and discover how DXC turns modernization into a sustained business advantage.
When you partner with DXC, you get more than technology solutions. You get a team that understands your world and works just as hard as you do.
More than just upgrades, modernization is about giving technology teams the ability to change at the pace their business requires.
By driving change quickly, repeatedly and safely, businesses can get the most out of their technology assets and respond quickly to market opportunities.
Using our Human+ approach to AI, we embed AI across solutions, optimizing projects, operations and technology workflows to help you anticipate risks, uncover opportunities and make faster, smarter decisions.
Gain actionable insights through advanced AI-powered analytics and real-time intelligence. Make informed moves confidently and quickly.
Gain access to top-tier professionals with specialized expertise across trading platforms, operations and technology.
DXC Financial Services provides end-to-end IT and business process services to banks, capital markets firms, insurers and wealth managers worldwide. The portfolio spans core modernization, cloud transformation, cybersecurity, data and analytics, digital banking platforms and managed operations.
DXC serves financial institutions globally, bringing deep domain expertise built over decades across retail and commercial banking, trading and post-trade processing, payments, risk and compliance, and insurance. This breadth allows DXC to support institutions at every stage of their transformation journey — from legacy migration through to AI-driven innovation.
Rather than offering point solutions, DXC combines technology delivery with industry knowledge, enabling financial firms to modernize faster while maintaining the resilience and security that markets demand.
DXC helps capital markets firms replace or transform aging technology stacks that increase operational risk, constrain scalability and slow time to market. The approach combines application modernization, cloud migration and platform engineering to shift firms from fragile legacy environments to resilient, cloud-native architectures.
DXC's capital markets expertise includes front-to-back trade lifecycle management, market data infrastructure, risk and regulatory reporting, and post-trade processing. DXC works with leading platform vendors and builds proprietary accelerators to reduce migration risk and shorten delivery timelines.
The result is infrastructure that is faster to change, cheaper to run and capable of supporting the real-time processing demands of modern markets — while maintaining the stability and compliance controls that regulators and counterparties require.
Artificial intelligence is embedded across DXC's Financial Services portfolio, enabling automation, smarter risk management and more personalized customer experiences. DXC applies AI to use cases including fraud detection, credit risk modeling, regulatory compliance monitoring, intelligent process automation and customer service through conversational AI.
DXC's AI engineering capabilities allow financial institutions to move beyond experimentation and deploy production-grade AI systems at scale. This includes building and integrating large language model (LLM) applications, machine learning pipelines and AI-driven analytics into core banking and capital markets workflows.
With AI adoption accelerating across financial services in 2025 and 2026, DXC helps firms navigate responsible AI governance, model risk management and meet the regulatory expectations of frameworks such as the EU AI Act — ensuring innovation does not come at the expense of compliance or trust.
Financial institutions face some of the most demanding cybersecurity and regulatory environments of any industry. DXC provides a comprehensive security portfolio covering threat detection and response, identity and access management, zero trust architecture and operational resilience — all designed to the standards required by DORA, PCI DSS, Basel IV and regional regulatory bodies.
DXC's security operations centers (SOCs) provide 24/7 monitoring, threat intelligence and incident response across hybrid and multi-cloud environments. For financial firms subject to the EU Digital Operational Resilience Act (DORA), DXC offers readiness assessments, gap remediation and ongoing compliance management.
DXC also supports cloud security, third-party risk management and secure software development — helping firms build resilience into every layer of their technology estate rather than treating security as an afterthought.
Banks and financial institutions consistently face the same core technology challenges: legacy infrastructure that is expensive to maintain and hard to change, rising regulatory complexity, growing cyber threats, pressure to digitize customer experiences and the need to generate value from large volumes of data.
DXC addresses these challenges through integrated services that span cloud and infrastructure, application modernization, data platforms, cybersecurity and digital transformation. Rather than managing multiple specialist vendors, firms can work with DXC as a strategic partner across the full technology lifecycle.
Common outcomes include reduced cost of operations, faster delivery of new products, improved regulatory posture and the ability to compete with digital-native challengers — all while maintaining the availability and resilience that financial markets require.
Regulatory clarity, competitive pressure and the maturity of cloud security controls have all contributed to accelerated cloud adoption across financial services. Firms that previously held back due to data residency or resilience concerns are now moving workloads to public and hybrid cloud environments at pace.
Cloud migration enables financial institutions to reduce infrastructure costs, access elastic compute for high-volume trading and risk processing, and adopt the modern developer platforms needed to deliver digital products faster. It also provides the foundation for AI and advanced analytics at scale.
DXC supports financial firms across all major cloud platforms — AWS, Microsoft Azure and Google Cloud — providing migration services, cloud-native development, and managed cloud operations tailored to the regulatory and operational requirements of the industry.
Financial institutions should evaluate technology partners on four dimensions: depth of industry knowledge, breadth of service capability, proven delivery track record and ability to support long-term transformation rather than just immediate projects.
Industry-specific expertise matters because financial services technology requirements — from trade settlement to know-your-customer compliance — are highly specialized. A partner with domain knowledge can anticipate risks and configure solutions appropriately, whereas a generalist provider may introduce costly delays or compliance gaps.
Other critical criteria include the partner's approach to security and resilience, its ecosystem of technology alliances, the quality of its managed services and its capacity to scale delivery globally. DXC's combination of 50 years of financial services experience, global delivery capability and deep technology partnerships positions it as a strategic choice for institutions undergoing complex transformation.