Tag: legacy systems

Key Global WealthTech investment stats in Q2 2026: Global WealthTech funding dropped 67% YoY in Q2 US companies secured half of the top 10...

Legacy applications that still run but no longer serve the business are becoming a strategic liability, and Tieto argues that AI is now the...

Financial institutions are pouring resources into AI for anti-money laundering, but according to Napier AI, the technology is only as good as the systems...

For decades, insurers have been sold a particular story: that unlocking modern capabilities means tearing out their core system and starting from scratch. Intellect...

Patronus Partners, a UK-based full-service private wealth and family office firm, has selected WealthAi, an AI operating system designed for wealth managers, for a...

Legacy AML platforms are creaking under the weight of modern financial crime pressures and Napier AI warns that bolting AI onto broken foundations will...

Private banking chief information officers are sitting on an uncomfortable truth: if your core platform was built five to seven years ago, you are...

Nordic banks are grappling with the twin burden of ageing core infrastructure and spiralling compliance costs, with spending on card scheme mandates and PCI...

In the fast-moving Excess & Surplus (E&S) market, launching a new line of business typically takes anywhere between 12 and 18 months. Legacy system...

Communications governance is moving sharply up the agenda for insurers as regulators tighten expectations around data completeness and retrieval. Supervisors increasingly expect firms to...