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HOME Knowledge Insight Publications Capital Markets & IT - lakyara Capital Markets & IT -lakyara List Capital Markets & IT - lakyara October 2024

Capital Markets & IT - lakyara October 2024

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Financial institutions are under constant pressure to reduce costs, improve operational efficiency, adapt to regulatory changes and grow their business. NRI believes that a combination financial knowledge and information technology are crucial to the industry’s growth and development.
Through our lakyara reports, NRI identifies the various capital markets and IT issues impacting our clients and the future of their business.

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  • Insurance Markets

    Risks inherent in the rehost or rewrite approach to modernizing legacy systems

    General Manager Sapporo Solution Development Department III

    Ayumi Naradate

    General Manager SA Systems Business Department

    Kazuhiro Torii

    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.

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E-mail: kyara@nri.co.jp