Legacy Concerns Risk Overriding Architecture Decisions at Banks
"Over the past few years, with the economic downturn, the direction has been to use what you have and to squeeze the most out of it around the shop until it breaks," says Victor Ekong, senior vice president, Citi Market Data Services Asia-Pacific at Citigroup. "I think we've reached the point, now, where hoping that nothing breaks has become a risk in itself, because we're hitting the end of the lifespan for the hardware and the software."
Ekong says that although this provides opportunities for
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