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The Resonance Test 99: How EPAM Helped Bring to Life a Bold New Vision for the Future of Syz Bank Hero Banner

The Resonance Test 99: How EPAM Helped Bring to Life a Bold New Vision for the Future of Syz Bank

December 16, 2025 | 26 min audio

by Michael Nicholls, Scott MacAllister, Ken Gordon

Resonance test

In this episode of The Resonance Test, Boris Chave, COO of Syz Bank, joins EPAM's own CEO, Balazs Fejes, to discuss the challenges and impacts of a sweeping cloud migration program EPAM helped execute on behalf of Syz Bank.

For years, Syz operated like a traditional Swiss bank, leveraging on-prem servers and best-in-breed security solutions to protect customer data and power IT operations. Over time, however, the bank's security solutions were become needlessly complex and expensive. As Chave says: "The challenge with our setup was that even though we had these best-in-breed technology solutions, the ongoing investments we needed to make to protect our data just weren't sustainable."

It was this predicament that led Chave to consider a bold new vision for the bank, one centered around migrating the entirety of its IT operations to the cloud. The goal was to simplify operations, improve operating expenses and maintain the same high standard of security the bank was already known for. But to execute this sweeping transformation project, he needed a partner with extensive cloud expertise. That's where EPAM entered the picture.

Taking the stage together in 2023, Chave and Fejes announced EPAM's role as the partner who would help execute on Chave's bold vision for cloud transformation. As Chave and Fejes reflect on during this conversation, it was EPAM's expertise that made all the difference, helping to deliver the full cloud migration on time, on budget and without any interruptions to operations. Ready to learn how EPAM was able to help Syz Bank execute on its vision of going all-in with cloud transformation? Then it's time to listen to this episode.

Michael_Nicholls

Michael Nicholls

Principal, Financial Services Consulting

Scott_MacAllister

Scott MacAllister

Marketing Manager

ken_gordon

Ken Gordon

Principal Communications Specialist

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