Security, Functionality and User Experience…The Complete Package

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user experience

Headlines point out everyday that outdated software can lead to major privacy breaches for both businesses and individuals. But besides personal privacy risks, how else is the end-user affected? From an end-user standpoint, privacy is the biggest risk, but what about user experience? A major issue with legacy systems that have been around for years is that many of them … Read More

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

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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

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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

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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

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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