{"id":20777,"date":"2024-04-30T13:04:05","date_gmt":"2024-04-30T10:04:05","guid":{"rendered":"https:\/\/www.tec-agency.com\/?p=20777"},"modified":"2024-07-01T07:01:48","modified_gmt":"2024-07-01T07:01:48","slug":"the-what-when-why-and-how-of-modernising-legacy-systems-in-finance","status":"publish","type":"post","link":"https:\/\/dev.tec-agency.com\/tec4\/the-what-when-why-and-how-of-modernising-legacy-systems-in-finance\/","title":{"rendered":"The \u201cWhat, When, Why and How\u201d of modernising legacy systems in finance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"20777\" class=\"elementor elementor-20777\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-09537c2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"09537c2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-188c353\" data-id=\"188c353\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e98ff22 elementor-widget elementor-widget-image\" data-id=\"e98ff22\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"683\" height=\"1024\" src=\"https:\/\/dev.tec-agency.com\/tec4\/wp-content\/uploads\/2024\/04\/roger-bradshaw-1PPoNhMzAmY-unsplash-683x1024.jpg\" class=\"attachment-large size-large wp-image-20778\" alt=\"\" srcset=\"https:\/\/dev.tec-agency.com\/tec4\/wp-content\/uploads\/2024\/04\/roger-bradshaw-1PPoNhMzAmY-unsplash-683x1024.jpg 683w, https:\/\/dev.tec-agency.com\/tec4\/wp-content\/uploads\/2024\/04\/roger-bradshaw-1PPoNhMzAmY-unsplash-200x300.jpg 200w, https:\/\/dev.tec-agency.com\/tec4\/wp-content\/uploads\/2024\/04\/roger-bradshaw-1PPoNhMzAmY-unsplash-768x1152.jpg 768w, https:\/\/dev.tec-agency.com\/tec4\/wp-content\/uploads\/2024\/04\/roger-bradshaw-1PPoNhMzAmY-unsplash-1024x1536.jpg 1024w, https:\/\/dev.tec-agency.com\/tec4\/wp-content\/uploads\/2024\/04\/roger-bradshaw-1PPoNhMzAmY-unsplash-1365x2048.jpg 1365w, https:\/\/dev.tec-agency.com\/tec4\/wp-content\/uploads\/2024\/04\/roger-bradshaw-1PPoNhMzAmY-unsplash-scaled.jpg 1707w\" sizes=\"(max-width: 683px) 100vw, 683px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e1086fc elementor-widget elementor-widget-text-editor\" data-id=\"e1086fc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h2 id=\"h-don-t-be-left-behind\">Don\u2019t be left behind!<\/h2><p>Over the past 20 years, the financial industry has been radically transformed by a steady stream of innovative technologies that have made business processes more efficient, more secure and more customer-centric. Whether engaging with banks, insurance companies or other financial organisations,\u00a0customers increasingly rely on digital interfaces to research, purchase and manage financial products, ranging from bank accounts and mortgages to insurance policies.<\/p><p>The change of pace with technology is fast.\u00a0New technologies introduced in the wider market can quickly create new expectations for customers, and financial organisations need to be able to keep up and adapt their digital infrastructure to ensure they continue to meet these expectations. Reliance on outdated or legacy systems can prevent businesses from being able to adapt and have a negative impact on their relationship with their clients \u2013 both old and new \u2013 and with it the success of their business.<\/p><p>In this whitepaper, we dive into the\u00a0impact of legacy systems in the financial industry, looking at what they are, when you should modernise, why and how to go about it. The aim is to provide you with a practical guide to modernising legacy systems by harnessing the insights and experience of TEC\u2019s engineering team, that have delivered digital transformation projects for leading banks, insurance companies and FinTech businesses.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"vamtam-has-theme-widget-styles elementor-element elementor-element-91bea4b elementor-widget elementor-widget-button\" data-id=\"91bea4b\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"\/Whitepapers\/The-What-When-Why-and-How.pdf\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Download our complete whitepaper below.<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Don\u2019t be left behind! Over the past 20 years, the financial industry has been radically transformed by a steady stream of innovative technologies that have made business processes more efficient, more secure and more customer-centric. Whether engaging with banks, insurance companies or other financial organisations,\u00a0customers increasingly rely on digital interfaces to research, purchase and manage&#8230;<\/p>\n","protected":false},"author":1,"featured_media":992898,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[102],"class_list":["post-20777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tec-talks-it","tag-technology"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The \u201cWhat, When, Why and How\u201d of modernising legacy systems in finance - TEC - #TECTalksIT<\/title>\n<meta name=\"description\" content=\"In this whitepaper, we dive into the impact of legacy systems in the financial industry, looking at what they are, when you should modernise, why and how to go about it.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The \u201cWhat, When, Why and How\u201d of modernising legacy systems in finance - TEC - #TECTalksIT\" \/>\n<meta property=\"og:description\" content=\"In this whitepaper, we dive into the impact of legacy systems in the financial industry, looking at what they are, when you should modernise, why and how to go about it.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.tec-agency.com\/tec4\/the-what-when-why-and-how-of-modernising-legacy-systems-in-finance\/\" \/>\n<meta property=\"og:site_name\" content=\"TEC\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-30T10:04:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-01T07:01:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dev.tec-agency.com\/tec4\/wp-content\/uploads\/2024\/04\/roger-bradshaw-1PPoNhMzAmY-unsplash-683x1024-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"683\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bianca Maxim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bianca Maxim\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/dev.tec-agency.com\/tec4\/the-what-when-why-and-how-of-modernising-legacy-systems-in-finance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/dev.tec-agency.com\/tec4\/the-what-when-why-and-how-of-modernising-legacy-systems-in-finance\/\"},\"author\":{\"name\":\"Bianca Maxim\",\"@id\":\"https:\/\/dev.tec-agency.com\/tec4\/#\/schema\/person\/1791bf28b0001220c96af2b460cf16e1\"},\"headline\":\"The \u201cWhat, When, Why and How\u201d of modernising legacy systems in finance\",\"datePublished\":\"2024-04-30T10:04:05+00:00\",\"dateModified\":\"2024-07-01T07:01:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/dev.tec-agency.com\/tec4\/the-what-when-why-and-how-of-modernising-legacy-systems-in-finance\/\"},\"wordCount\":236,\"publisher\":{\"@id\":\"https:\/\/dev.tec-agency.com\/tec4\/#organization\"},\"image\":{\"@id\":\"https:\/\/dev.tec-agency.com\/tec4\/the-what-when-why-and-how-of-modernising-legacy-systems-in-finance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/dev.tec-agency.com\/tec4\/wp-content\/uploads\/2024\/04\/roger-bradshaw-1PPoNhMzAmY-unsplash-683x1024-1.jpg\",\"keywords\":[\"TECHNOLOGY\"],\"articleSection\":[\"#TECTalksIT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dev.tec-agency.com\/tec4\/the-what-when-why-and-how-of-modernising-legacy-systems-in-finance\/\",\"url\":\"https:\/\/dev.tec-agency.com\/tec4\/the-what-when-why-and-how-of-modernising-legacy-systems-in-finance\/\",\"name\":\"The \u201cWhat, When, Why and How\u201d of modernising legacy systems in finance - 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