Application estates for financial services organisations are often a complex mix of legacy, data centric, 3rd party and web applications. In this complex environment, the challenge is reinvention. It is about defining what is absolutely necessary, where true value lies and being prepared to discard everything else. Despite rapid adoption of cloud across the industry, truly strategic estate digitisation is hindered by uncertainty about the true cost, capacity and risks involved.
There are many approaches, but application re-architecture or SaaS replatforming deliver the most value for digitisation. The right solutions and capability will enable organisations to:
- increase efficiency through improved estate utilisation and reduced fixed costs;
- increase differentiation through improved insight; and
- improve agility through leaner operations and rapidly scale to meet demand.