At a time of increasing budgetary constraints and increasing competition from upstart challengers, incumbent financial services institutions (FSI's) need systems that can keep up with consumer demands at all hours of the day.
There is no magic wand that can be waved to ensure that systems keep up with new regulations, changing consumer behaviour or new payment methods. Over reliance on legacy systems – whether that is due to lack of executive buy-in or simply the absence of funds – can lead many organisations to bolt on quick fixes which lead to increased risk of failure.
However, if they are properly maintained, tested regularly and expertise about them is transferred effectively, legacy systems can prove effective in running a wide range of operations in financial services without needing to fully overhaul the tech stack.
In this webinar we will examine some of the steps FSIs have already taken to rigorously monitor and test systems – both manually and with AI-powered automation – while satisfying the concerns of regulators and customers.
Speakers:
Dalvinder Kular - Assistant Editor, Retail Systems
Andrew Harrington - CIO, Ripe
Jonathan Wright - Chief Technology Evangelist, Keysight Technologies
Adam L Smith - CTO, Dragonfly
Inayat Kashif - Chief Operations and Technology officer, iFAST Global Bank