By combining DevOps, which bridges the divide between developers and IT operations, with the power and scalability of the mainframe, State Farm is speeding up the development and delivery of essential applications. For example, it shortened the time it takes to test new versions of its claims system, which lets insurance agents handle claims anywhere in North America, from two months to two weeks. “We strive to deploy solutions at a very fast pace to meet digital transformation needs,” says Krupal Swami, State Farm’s technology and architecture director.
State Farm isn’t the only financial institution relying on the mainframe for greater speed, innovation, and agility. For many of today’s financial institutions, embracing innovative tools and agile approaches is more than smart strategy—it’s a means for survival. Customers now expect personalized experiences that cater to their banking preferences and anticipate their unique needs. Nimble and innovative competitors, including fintechs and digital banks, are redefining the sector. More organizations are moving to the cloud, expanding the security threat landscape. And fast-advancing technologies, such as artificial intelligence and blockchain, are requiring financial institutions to operate with unprecedented speed and scale.
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