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Question 92 of 186

A financial services company runs a monolithic COBOL batch processing application on an aging on-premises mainframe. The application handles nightly transaction reconciliation and represents a significant licensing and maintenance cost. Leadership wants to eliminate the mainframe within 18 months while minimizing the risk of a big-bang cutover, gradually replacing functionality module by module, and adopting modern managed services. Business logic must be preserved but the team wants to move toward event-driven, serverless components over time. Which migration and modernization approach best meets these requirements?

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