What’s Happening in Legacy Modernization?

Neil HartleyMorphis Clients, Morphis In the NewsLeave a Comment

The discussion is hotting up around the topic of legacy system modernization a.k.a. application modernization a.k.a. many other things. For a brief discussion on the options available for application modernization please check out our recent post on 15 tips for the ISV needing to modernize. For a more in-depth analysis, check out our white paper on breaking the shackles of … Read More

Millennial Online Banking Survey

Neil HartleyMorphis In the NewsLeave a Comment

Recent studies revealed that 71% of Millennials would rather go to the dentist than listen to their bank. 73% said they would be more excited about new financial service offerings from Google or Apple than from their bank and 1 in 4 said they would rather bank with a tech company than their current bank. Coupled with the many denial … Read More

61% Of Financial Services CIOs Say Their Biggest Threat Is From Aliens

Neil HartleyApplication ModernizationLeave a Comment

We have posted recently about the existential threat that banks face unless they are able to satisfy both the basic needs of their customers (making payments, access to cash etc) together with their user experience and access demands (24 hour, mobile etc). Recent cases where basic needs were not met include Royal Bank of Scotland’s failure to process 600,000 payments … Read More

Legacy System Modernization, Be Bold for the Long Term, Deliver in the Short Term

Neil HartleyApplication ModernizationLeave a Comment

Legacy software systems remain ubiquitous today. Whether aware of them or not, the vast majority of general consumers interacts almost daily with organizations whose IT infrastructure is based on decades-old databases and applications. From a consumer protection and IT security/risk management standpoint, exposure to these often precarious systems poses a threat not just from data breaches, but can also represent … Read More

Modernize Or Die – Millennials Would Rather Go To The Dentist Than Listen To Their Bank

Neil HartleyApplication ModernizationLeave a Comment

I met with a system integrator partner of Morphis’ a couple of weeks ago and he mentioned that many enterprises fail to deal with legacy systems because the expected tenure of the CEO is too short for that CEO to take on the complexities and risk associated with modernizing critical systems within their business. [Fortune state the median CEO tenure … Read More

Legacy Systems Threaten Big Businesses — Especially Banks

Neil HartleyApplication ModernizationLeave a Comment

UK High Street Banks

Most of the world’s largest companies have been around awhile. They are  vast enterprises built upon complex IT infrastructure. Most deal with thousands if not millions of customers and transactions every day. The legacy software underneath them is often decades old, and in most cases, a house of cards. Legacy systems are inhibiting innovation and agility across many sectors, and … Read More