Shannon Retail Park, Dublin Rd, Athlone, Co. Westmeath, N37 E2P6
sales@zinkworks.com
Systems for the Future
Zinkworks partners with leading financial institutions to modernize their back- and middle-office systems, driving the transition from outdated systems infrastructure to scalable, cloud-native and microservice-based architectures.
We specialize in Post-Trade Clearing and Settlement systems that are fully compliant with the latest regulatory landscape, enabling our customers to support the development of new products and services as part of their long-term strategic goals.
Challenges faced with Maintaining and Innovating Legacy Systems
01
Regulatory Compliance
Legacy systems struggle to meet evolving regulatory frameworks.
02
High Maintenance Cost
Outdated systems require significant resources to maintain and support.
03
Scalability Issues
Growing transaction volumes and complex financial products make it difficult for legacy infrastructure to cope.
04
Slow Time to Market
Delays in launching new financial products or services impact competitiveness.
05
Integration Challenges
Modern fintech and third-party solutions have limited compatibility with legacy systems.
06
Security Risks
Legacy systems pose significant risks to banks from security breaches and cyber threats.
Proven Success in Financial Transformation
Zinkworks is supporting a tier 1 Settlement bank in the United States to replace their legacy global trade clearing and accounting platform; due to be completed in 2025. This clearing platform is used by this bank to managed their clients’ global portfolio of exchange-traded derivatives, options, and cleared OTC products, including repos, swaps and equities.
Technology Excellence
From initial RFP to delivery, our team delivered a custom solution that perfectly aligned with the expectations of both the client and the regulators.
Budget Transparency
Our fixed-cost approach gave complete peace of mind on the budgeted costs, with the project risks being supported by us.
On Time Delivery
Our team has met every major milestone on time, consistently, thanks to clear upfront planning.
Cost Savings
The new system will reduce the client’s maintenance costs from 70% to 40% of the annual IT budget.