Is Ring Doorbell Wired Comparable?

Hello, my current doorbell system is a button which is connected to an old school bell which rings when you hold the doorbell button and stops ringing when you release. It is hardwired to the bell and then to the transformer. Will the Ring Doorbell Wired work with this system? Will my mechanical bell still work or would I need to buy a new chime with built in transformer? If this latter is the case, what do I do with the old transformer currently connected ? Do I just disconnect and use direct power to the chime and to.the bell. Many thanks