Synechron and Cognition have teamed up to help financial institutions accelerate the modernisation of essential software using AI.

The collaboration will see Devin, an autonomous AI software engineer, incorporated into Synechron’s project delivery framework.

This integration draws on Synechron’s experience supporting major banking clients.

By combining the efforts of human engineers with AI systems able to process and reason over complex enterprise codebases, the companies aim to enable financial institutions to update legacy systems more efficiently while maintaining security and compliance standards.

Joint research between Synechron and Cognition indicated that the introduction of Devin led to reductions in upgrade times, streamlined engineering workflows, and improvements in software testing.

Clients of Synechron will be able to access Devin through its service offerings, allowing them to include AI-driven engineering in their technology renewal projects.

Engineers trained and certified by Cognition will support the deployment of these solutions within the framework of financial industry regulations.

Synechron president Mihir Shah said: “Our clients want proven, reliable ways to accelerate their development work.

“Through Synechron Labs, we’ve already seen strong results across system upgrades and migration projects. By combining our domain expertise with Cognition’s AI capabilities, we’re giving financial institutions a more dependable way to modernize their technology.”

The partnership also involves integrating AI capabilities with Synechron’s existing tools for updating legacy applications, restructuring large codebases, and speeding up project delivery.

Enterprise pilots are planned to apply these technologies in areas such as programming language upgrades, mainframe modernisation, and data migration tasks.

The two firms will continue joint research to enhance the AI agent’s capabilities, including workflow automation and integration with cloud-based development pipelines.

The collaboration is positioned to assist banks and insurers seeking faster technology upgrades without compromising on regulatory or operational requirements.

Cognition partnerships global VP Gardner Johnson commented: “Enterprises don’t just need productivity gains; they need a new operating model for engineering.

“The Synechron Labs team quickly saw that Devin transforms how large systems can be understood, modernised, and evolved. By combining AI agents with deep domain expertise, we’re helping clients reimagine what’s possible across their most critical platforms.”