Streamlining Migration across Gateways

Banks and telecom companies are under immense pressure to modernize their systems through API-driven transformations. From open banking initiatives in finance to 5G services in telecom, these industries must rapidly move from legacy systems to modern API-based architectures to stay competitive.

API migrations – whether wrapping decades-old core systems with new APIs, shifting on-premises services to the cloud, or switching API management vendors – are now mission-critical projects.

However, these migrations are notoriously complex. The average enterprise today uses over 15,000 APIs (with a 201% annual growth rate), and in large banks and telcos many of these integration points are “quite varied and ungoverned”.

This complexity, if not handled with end-to-end oversight, leads to serious operational and business risks.

“There is a lack of efficient standardization across API programs within enterprises… This is largely due to teams working in silos and not having adequate visibility into each other.”

Adeeb Tahir, Field CTO

Challenges

Pitfalls of Fragmented Migrations

When API migrations are executed without holistic governance, the outcomes can be dire. Lack of end-to-end visibility and control means that critical details fall through the cracks.

For example, if design guidelines aren’t enforced, a new API might deviate from security standards – an issue that could remain undetected until production. Teams working in silos may overlook dependencies (e.g., a telecom API change breaking a connected billing service, or a banking API not accounting for a downstream risk system), leading to late-stage surprises.

Fragmentation also slows time-to-market. Instead of a streamlined pipeline, each group’s hand-offs introduce delays – one team might finish an API spec, only for another team to rewrite parts of it to fit their testing tool, and yet another to adjust configurations in the deployment stage.

These inefficiencies accumulate, meaning new digital services (like a mobile banking feature or a telecom partner API) miss their launch windows. Meanwhile, operational risks grow: a poorly coordinated migration might result in hours of downtime or require emergency rollbacks, directly impacting customers. In regulated spaces like finance, even minor outages can incur reputational damage and fines.

Impact

Outcomes and Business Implications

01
72
%

of API gateway migrations cause service disruptions

02
53
%

of companies experience security vulnerabilities during migration

03
38
%

of API gateway migrations are rolled back

04
67
%

of customers report performance issues after migration

05
63
%

API gateway migration extends time-to-market by 63%

06
58
%

of migration projects lack proper testing coverage

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Fragmented API Migrations Cause Downtime, Delays, and Budget Overruns

Siloed Handoffs Lead to Errors and Missed Deadlines

Over 80% of migrations miss delivery or budget targets. With each team managing its own slice of the process, dependencies are missed, integration breaks down, and critical timelines slip—hurting ROI.

Uncoordinated Moves Increase System Downtime

64% of migrations result in outages of 1–48 hours. Without a unified lifecycle, misaligned rollout plans lead to broken services, urgent rollbacks, and customer-facing disruptions that damage trust and revenue.

Lack of Standards Fuels Risk and Rework Cycles

51% of teams cite API standardization as their top challenge. Inconsistent design and testing approaches mean rework piles up in late stages, exposing the org to compliance failures and escalating costs.