Introduction
Few industries feel more pressure to modernize legacy systems than banking.
Banks operate within an uncertain and regulated economic environment and, as a result, their IT teams have been pressured to increase operational efficiency. Modernizing legacy systems – which consume over 75%1 of banking IT spend – has been identified as a means to do so by simultaneously reducing costs and increasing the speed of software delivery.
Yet, many organizations still struggle with how to modernize their legacy systems. One large global bank provides a compelling example of how financial institutions, as well as organizations across other industries, can do so using MuleSoft’s Anypoint Platform.