ULS Consulting Supports Mizuho Securities' AI-Driven Development Initiative

ULS Consulting's Collaboration with Mizuho Securities on AI Development

ULS Consulting, known for its innovative consulting approach and based in Chuo-ku, Tokyo, is partnering with Mizuho Securities, a leading Japanese brokerage firm headquartered in Chiyoda-ku, Tokyo. This partnership marks a significant step forward in the realm of AI-driven software development, focusing on the integration of the autonomous AI software engineer, Devin.

Mizuho Securities has established itself as one of the foremost finance companies in Japan, boasting a robust customer base and a global network. With its mid-term management plan centered on digital transformation (DX), the firm emphasizes the adoption of cutting-edge technology to enhance operational efficiency and productivity. To this end, Mizuho Financial Group has announced a substantial investment, potentially reaching 100 billion yen for AI-related initiatives aimed at the 2026-2028 period.

As a response to the increasing demand for technological advancement, the IT and Systems division at Mizuho Securities is actively pursuing AI-driven development strategies. The introduction of Devin aims to fundamentally reform the entire system development process. This initiative seeks to tackle various challenges such as agile responsiveness to business needs and addressing the chronic shortage of engineers through innovative solutions. Devin, already adopted by major financial institutions in the United States, promises significant productivity gains thanks to its autonomous capabilities. Following a successful trial run starting in September 2025, the official implementation is set to take place in April 2026.

Drawing from over two decades of collaboration in information system development and maintenance, ULS Consulting is fully supporting the Devin implementation project. The company has worked closely with Cognition AI, the provider of Devin, to establish a secure environment compliant with stringent security standards. This collaboration involves proposing and executing specific measures while identifying concrete use cases where the integration of generative AI can yield tangible benefits to the development process.

Gunji Sugiya, Senior Technical Executive at Mizuho Securities' IT and Systems group, commented on the significance of this initiative: "In Japan's shrinking population society, the utilization of generative AI is one of the paramount challenges we face. By spearheading AI-driven DX efforts, Mizuho aims to lead the way for AI adoption among domestic enterprises. We plan to share the insights gained through actual operations with ULS Consulting and other companies across various industries for the overall benefit of the Japanese economy. The support from ULS Consulting was crucial for the success of the Devin implementation. We look forward to their ongoing assistance as we review our overall development processes and apply these advancements to current projects, establishing the necessary guidelines for promoting AI-driven development."

Scott Wu, the CEO of Cognition AI, expressed his pride in the partnership as well: "Mizuho Securities is a key player in the three major mega banks in Japan, and it has been at the forefront of leveraging digital technology. We are honored that our Devin software has been embraced by such an innovative firm, and we look forward to collaborating to deliver greater value to Mizuho Securities' clients swiftly."

Moving forward, ULS Consulting remains committed to supporting Mizuho Financial Group's AI-driven transformation efforts.

About Devin

Devin is an autonomous AI software engineer developed by Cognition AI. It understands task requests specified in natural language, organizes development plans, operates various necessary tools, and automatically conducts design, coding, testing, and deployment. Additionally, Devin can assist in investigating existing systems and creating documentation. This innovative solution aims to revolutionize the way software development tasks are traditionally conducted, enabling large-scale systems development with a highly skilled team. ULS Consulting has formed a partnership with Cognition AI to provide professional services related to the utilization of Devin.

About ULS Consulting

ULS Consulting is a consulting firm dedicated to guiding clients through successful business transformation and creation. With a wealth of knowledge in business and technology, ULS Consulting distinguishes itself by collaborating closely with clients on project progress. Since its founding in 2000, the company has tackled a wide array of topics including business model creation, strategic planning, organizational reform, system planning and development, project management, and the implementation of cutting-edge technologies.