In The Press

Tipping the balance – is there a future for legacy platforms in payments? – Financial IT

Tipping the balance – is there a future for legacy platforms in payments? – Financial IT
Tried and tested legacy systems have served financial institutions successfully for many years, but are they now reaching the end of their shelf life? The antiquated systems are starting to buckle under the pressure of the ever changing and highly unpredictable payments landscape. In this article, Bethan Cowper, Head of Global Marketing at Compass Plus, discusses the future for legacy systems: “Ultimately the lifespan of legacy systems is intrinsically linked to the staff that maintains them, and when those employees retire, their replacements will be unfamiliar with this technology and not have the correct skillset for legacy to continue to be a viable option.”

To view the full article, please visit the Financial IT website.