Month: November 2015

Morphis Clients

TOTVS COTS Investment Funds Software Modernization

TOTVS is a Brazilian software, service, platform, and consultancy company. They are the market leader in Brazil and Latin America and one of the largest integrated management system (ERP) developers in the world. TOTVS provide solutions to many industry sectors including financial services. Custody and Controllership of Investment Funds...

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Application Modernization

How Federal Agencies Can Succeed With Application Modernization

A recent report by MeriTalk “Future Ready Applications” surveyed 150 Federal IT Managers and concluded that 92% believe it urgent for their agency to modernize their legacy applications. The key drivers behind this urgency to modernize are: – Security Issues (42%) – Time Required to Manage/Maintain Systems (36%) –...

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Application Modernization

61% Of Financial Services CIOs Say Their Biggest Threat Is From Aliens

We have posted recently about the existential threat that banks face unless they are able to satisfy both the basic needs of their customers (making payments, access to cash etc) together with their user experience and access demands (24 hour, mobile etc). Recent cases where basic needs were not met include Royal Bank of Scotland’s...

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Application Modernization

Legacy System Modernization, Be Bold for the Long Term, Deliver in the Short Term

Legacy software systems remain ubiquitous today. Whether aware of them or not, the vast majority of general consumers interacts almost daily with organizations whose IT infrastructure is based on decades-old databases and applications. From a consumer protection and IT security/risk management standpoint, exposure to these often...

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Application Modernization

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Hope Is Not A Strategy – Application Modernization Alternatives

Our recent post Modernize Or Die covered the existential threat facing many businesses, a threat arising from an inability to innovate brought on by the spiderweb of technologies and architectures prevalent in legacy software systems. Doing nothing is no longer an acceptable option. So what are the alternatives? In broad terms there are...

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Application Modernization

Modernize Or Die – Millennials Would Rather Go To The Dentist Than Listen To Their Bank

I met with a system integrator partner of Morphis’ a couple of weeks ago and he mentioned that many enterprises fail to deal with legacy systems because the expected tenure of the CEO is too short for that CEO to take on the complexities and risk associated with modernizing critical systems within their business. Fortune …...

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