In Part 1 of this blog post, I'd described three issues with open systems that held banks back from transforming all their legacy applications to open
Here are three more:
As a result, legacy transformation is fraught with a lot of as-yet unsurmountable risks.
Meanwhile, mainframe sales keep growing.
To achieve greater success in persuading top management of banks to ditch their legacy applications and embrace open systems, technology vendors need to address the above issues. Endorsing Steve Blank's "21st
Century Bill of Consumer Product Rights" could be a good starting point.
Here's a nice article in IT WORLD that explains why mainframe sales keep growing.
© Finextra Research 2014