Data Modernization at Traditional Banks - From Legacy Mainframe to Cloud

Data Engineers in Toronto May 2026 Semimonthly Meeting

Topic: Data Modernization at Traditional Banks - From Legacy Mainframe to Cloud

Abstract:
As technology evolved from the age of industrialization to the age of information, and finally to this current age of AI, the average lifecycle of technology shrank from 10 to 6, and now it is 3 years. Therefore, the definition of “legacy” has shifted. Applications developed before 2010, especially those built on mainframes or outdated technologies, are increasingly seen as candidates for modernization.

Mainframe transformation has been a top priority in financial services because of its operational inefficiencies and high maintenance costs associated with mainframes when compared to modern distributed systems. Still, the majority of the core processing engines within financial services depend on Mainframe as the mission-critical business rules are embedded

Speaker: Vishal Sharma, VP - Software Engineering at Broadridge

Speaker Profile:
As a Software Engineering leader, I bring over 20 years of expertise in enterprise architecture and digital transformation. By leading cross-functional teams, I enable the delivery of secure, scalable solutions that optimize operations and enhance client engagement. My efforts focus on integrating innovative technologies to align with strategic business goals, resulting in measurable outcomes for stakeholders.

With a strong foundation in business architecture and fintech innovation, I excel in modernizing platforms to meet evolving industry demands. Equipped with certifications such as TOGAF, I prioritize seamless system integration, cost efficiency, and regulatory alignment to drive long-term value for organizations. Passionate about solving complex challenges, I work collaboratively to empower teams and achieve sustainable success.

The meeting is over Microsoft Teams, and the joining link is https://teams.microsoft.com/l/meetup-join/19%3ameeting_NzZkYWIyOTAtODk1MC00MjVmLWJlNjUtNTRiODZmODA2Zjdh%40thread.v2/0?context=%7b%22Tid%22%3a%22bd9727e8-f539-4c76-983c-6c30130c0bee%22%2c%22Oid%22%3a%229e8d5a64-e773-4ca2-90f6-9a266129171e%22%7d

See you at the meeting!