Legacy Banking Systems: Why and how to Modernize | OpenLegacy
Legacy banking systems present many challenges. We look at why the financial industry needs to modernize and the benefits of modern banking systems.
In 2023, modernization and digitization of legacy banking systems is to be expected. This drive for transformation is occurring at a rapid pace compared to other sectors, with 18% of banks planning to develop a digital strategy this year, and is particularly directed at any sort of legacy core banking systems.