Skip to content
The Algorithm
vs Infosys / HCL / Wipro×Financial Services
Why Financial Services companies switch

The Algorithm vs. Infosys / HCL / Wipro in Financial Services — Banking

Core banking modernization is the project where the offshore staff augmentation model fails most expensively. There is a better model.

The Problem

What Infosys / HCL / Wipro gets wrong in Financial Services

Core banking modernization is the project where the offshore staff augmentation model fails most expensively. The engineers who can safely migrate a core banking system — understanding transaction integrity, reconciliation logic, the operational constraints of 24/7 uptime — are senior engineers who make architectural decisions. Infosys, HCL, and Wipro's model deploys those engineers at the top of an offshore delivery pyramid, where their judgment is filtered through multiple layers of specification and implementation before it reaches the codebase.

BSA/AML transaction monitoring systems have data access constraints that offshore delivery complicates directly. Financial intelligence data that triggers SAR filings is regulated under BSA in ways that create legal questions about offshore access to that data. Managing those constraints requires specific data architecture controls — controls that are most easily satisfied by keeping the engineering onshore.

The time zone latency of offshore delivery creates specific operational risk in banking technology. A reconciliation error discovered at 11 PM EST requires an engineer who can diagnose and resolve it in the same shift. An offshore team in a 10-hour time zone difference delivers a response the next morning — after the reconciliation exception has propagated through the day's processing.

Staff augmentation model — sell bodies not systems
Compliance as consulting layer, not architecture
Generalist firms without deep vertical IP
Limited proprietary compliance infrastructure
The Algorithm

What we deploy instead

Our banking technology teams deploy with core banking migration experience, BSA/AML architecture expertise, and the operational availability that banking systems require. US-based engineers. Fixed-price engagements. Working systems at each milestone.

First milestone: a functional integration with your core banking system in a sandbox environment. Full engagement commitment follows a working demonstration — not a project plan.

Compliance

SOC 2 and PCI DSS built into the architecture from day one — enforced automatically by ALICE at every commit.

Delivery

Fixed-price engagements. Production system in 8-20 weeks. No discovery phase. No change orders.

Team

Domain-qualified engineers with financial services experience. The senior engineer who scopes the engagement is the senior engineer who delivers it.

IP

Full source code and documentation transferred at close. No licensing. No managed services dependency.

Compliance

The compliance difference

BSA/AML, GLBA, PCI DSS, SOC 2. Banking compliance requires onshore engineers with BSA data access controls built into the architecture from the first data model.

soc 2
pci dss
glba
bsa aml
Typical Engagement

What switching from Infosys / HCL / Wipro looks like

Banking technology engagement: 16-24 weeks for a core modernization. Team: 12-20 engineers. Fixed price. Full IP transfer.

Week 1

Architecture review and scope definition. We review existing deliverables and identify gaps.

Weeks 2-4

Scope locked, team assembled, first sprint underway. Working code from week two.

Weeks 8-12

First production milestone — a working integration or system component, not a document.

Close

Full IP transfer. Source code, documentation, operational runbooks. Your team runs the system.

DECISION GUIDE

Failed Vendor Recovery Playbook

Step-by-step framework for recovering from a failed Infosys / HCL / Wipro engagement — from emergency stabilisation through full re-platforming. 4-phase playbook covering stabilise, assess, transition, and normalise.

X

Replacing Infosys / HCL / Wipro in Financial Services? We've done this before.

SOC 2-compliant financial services engineering. Fixed price. Production in 8-20 weeks.

Start the Conversation
Related
Compare
vs Infosys / HCL / Wipro
Compare
All Comparisons
Market
Financial Services — Banking
Solution
Failed Vendor Recovery
Solution
Compliance Remediation
Get Started
Contact Us
Engage Us