EWIS AEGIS, an innovative AI-powered platform developed in Sri Lanka, aimed at modernising outdated systems across various industries including banking, insurance, and healthcare with speed, control, and predictability was introduced by EWIS, a technology solutions provider recently. Many firms are faced with old systems which they need to either convert to newer systems which is [...]

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EWIS AEGIS to replace outdated tech

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EWIS AEGIS, an innovative AI-powered platform developed in Sri Lanka, aimed at modernising outdated systems across various industries including banking, insurance, and healthcare with speed, control, and predictability was introduced by EWIS, a technology solutions provider recently.

Many firms are faced with old systems which they need to either convert to newer systems which is costly or to completely rewrite them which is time consuming. EWIS AEGIS can transform their codes with the same functionality.

“EWIS AEGIS enhances decision-making and improves transformation predictability through AI-driven code intelligence, dependency mapping, and digital twin simulation,” Sanjeewa Wickramanayake, Chairman of EWIS Group told the Sunday Times Business in Colombo on Friday. He said it is a patented product and the company will go international with it.

EWIS AEGIS brings a simulation-first approach which means organisations can test and check planned changes before making them in real systems. “By doing this, they can reduce the risks, costs, and disruptions that often come with major system updates,” Isuru Dissanayake, Chief Technology Officer EWIS told the Sunday Times Business on the sidelines of a presentation on EWIS AEGIS. He added that AEGIS deploys AI agents that automatically analyse and simplify the legacy systems. “Code intelligence to extract and structure legacy system logic, dependency mapping to uncover hidden system relationships and risks, and digital twin simulation to replicate systems and validate behaviour before any changes are made. It also incorporates automated transformation to enable a seamless transition to modern architectures, alongside AI-powered testing to ensure accuracy and maintain data integrity throughout the process.”

Mr. Wickramanayake said that the platform helps organisations take control of their system transformations. “It speeds up modernisation by finding issues sooner, before they become bigger problems. In mission-critical environments, it helps reduce downtime and keep systems running.” He added that this product can greatly lower the risks linked to upgrading old and archaic systems. Costs more predictable and AEGIS cuts down on rework by catching problems early, he said noting that it lowers failure rates, which helps avoid setbacks during the transformation. Overall, it supports a transformation process that is more efficient, more reliable, and easier, he noted.

Mr, Wickramanayake said that there is a lot of demand for this product mainly due to the EWIS brand.

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