Risks inherent in the rehost or rewrite approach to modernizing legacy systems
194 days ago
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Legal
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Risk & Compliance
Clearing & Settlement
Research
Communications & Marketing
Consulting
Accounting
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Wealth Management Solutions
Professional Services
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Technology/Software & Services
Legal
Asset Management Solutions
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Back
194 days ago
Insurers are migrating away from legacy mainframe systems through rehosting or rewriting. However, such modernization projects tend to go awry when undertaken without sufficient preparation or with too much priority placed on minimizing project costs. Such pitfalls, which have in fact cropped up in some high-profile cases, can be avoided by thoroughly analyzing the legacy system before attempting to modernize it.