Legacy Systems: Mission Impossible or Mission Unnecessary?

How do you solve a problem like legacy technology? Capital markets firms are constantly plagued by issues arising from or associated with technology that is no longer fit for purpose, leading to security, compliance and competitive risk.

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Before Tom Cruise took on the role of Ethan Hunt in the modern day reboot of Mission: Impossible, the television series was gracing screens in the late 1960s and early 1970s, showcasing numerous spy gadgets and technologies that rivaled anything super spy James Bond has in his arsenal. One of the most enduring of these was the iconic mission briefing tape recording that would self-destruct once played.

Of course, in the modern equivalent, these messages are relayed to Hunt through smart phones

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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