Legacy IT

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Understanding the cost of legacy IT systems

Public service IT chiefs must gain a better understanding of the legacy systems used for essential services or risk potential disaster, with the National Audit Office (NAO) finding that £480 billion of the government’s operations revenues depended to some extent on older or inherited platforms. The NAO identified that legacy systems can be of higher […]

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Banks struggling with outdated IT systems

Financial institutions in Europe are stunting their own growth by relying on outdated IT,  with a study from Infosys-Finacle finding that 75 per cent of banks are making it difficult to add new products and services because of antiquated core systems. While these core systems are essential for recording and managing transactions, 80 per cent of […]

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