What we mean when we talk about legacy: mindset, architecture, data and Dave
We lament “legacy”, we talk about it, we blame it. But we rarely define it because we have no intention of tackling it.
legacy
Legacy IT is the least of a bank’s problems
A recent Reuters article explored how companies like Cobol Cowboys make a fortune helping banks who struggle to keep their legacy systems running. But in fact, the real problem is not legacy IT, that’s just a symptom of the root problem in banks… the decision makers.
Back-office legacy still holding back banks
Setting up a bank in the UK is costly, time-consuming, heavily regulated and not easy. As a result, the dynamic, start-up culture that drives innovation in many other sectors is less prevalent within banking and financial services.
Life beyond legacy: exploring the options
The payment industry has never seen so much change or opportunity. It continues to be reshaped by shifts in the economic landscape, new technologies and customer needs and this is set to continue.
