Member since

Mark's blog archive

2020 (1) 2019 (1) 2018 (1)
Mark Cresswell

Mark Cresswell

CEO at LzLabs
Message Message me Posts: 3 Comments: 0
Bio Mark Cresswell is Chief Executive Officer, overseeing development of the LzLabs Software Defined Mainframe. Career History


Banking Strategy, Digital and Transformation

2020’s COBOL Crisis is the Canary in the Coal Mine for Established Banks and Insurers

03 Jun 2020

Multiple US state government departments were in the news recently, calling for COBOL programmers to come forward as their mainframe systems failed to handle a surge in unemployment claims processing – a result of the COVID-19 pandemic. It is common for an emergency to shed light on an otherwise darkened corner of our technical infrastructure, but ...


Innovation in Financial Services

Insurance tech: should legacy applications stand in the way of innovation?

17 Jun 2019

The insurance industry is ripe with innovation. Tempted by the fruits of technological change, insurers seek greater opportunities for data collection, smart, adaptive policies and fraud detection that can lead to better risk identification and mitigation measures. For traditional players, existing IT infrastructure stands firmly in the way of thi...

Open Banking

Will PSD2 and FinTech Competition Present Insurmountable Tech Pressures for Big Banks?

22 Mar 2018

The Challenge for Traditional Banks The challenge for many financial organisations, when enhancing digital services, is that the well-established portion of the financial industry, much like the global public sector, remains awash with legacy systems born during the first financial tech revolution of the 1960s and 1970s. These systems continue to ...