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Legacy technology and regulation limit financial institutions’ ability to grow, study shows

By Puja Sharma

September 15, 2023

  • Alternative Investment
  • Auto Lending
  • Digital Lending
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–Around 78% of FMI investment budgets dominated by maintaining and upgrading legacy technology, with more than a third planning a major system overhaul in the next five years –Industry-wide need to upgrade legacy technology, whilst responding to wave of regulation, risks compromising resilience or missing out on growth opportunities  Nasdaq published the results of a […]

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