Legacy Modernisation in Banking

Virtual, private roundtable

NOV 10 11:00 – 12:00 BST

“Development cycles are slow—typically counted in quarters or years. Tech giants, in contrast, release new software thousands of times a year. It’s like a toddler running a race against Usain Bolt”  

[CEO of Delphix]


2022 is a crucial year for Tech leaders in the Banking industry. On the one hand, Banks are under enormous pressure to digitalise and address profit, competition and regulatory pressures. On the other hand, Banks have a level of attachment to legacy systems that is not seen elsewhere. 88% of the UK’s top 50 banks still use mainframes, and 90% of all credit card transactions touch a mainframe too. They also saw a resurgence during the pandemic.


However, rapid digitalisation in the last 18-months has put acute and renewed pressure on these systems to keep up. Just 16% of executives saying their company’s digital transformation efforts are succeeding [McKinsey] and rapid progress is needed. With data being a key challenge, along with the 40-50% growth rate of unstructured data, taking resources off the mainframe is one way to accelerate delivery times and free up mainframe resources.


McKinsey has identified six key principles that deliver a 70% reduction in costs and a 50% reduction in implementation time. They emphasise integration and simplification over replacement. Do you agree? Join us as we debate, discuss and consider the best approach.


Senior technology and transformation decision makers such as Chief Architects, CIOs, CTOs, and other technology-focused executives working in the finance sector with an interest in digital transformation and its role in improving the financial health of their organisations.


Attendance is capped to ensure every participant is able to contribute. The meeting is only open to invited participants or those who has been referred by a colleague or our partner, Hyland.


A special thank you to Hyland for their continued support of the Change Makers Club. Hyland is a leading content services provider that enables thousands of organisations to deliver better experiences to the people they serve. With technology this intuitive, your organisation can focus on what it does best.

What is the experience?

All of our virtual roundtables are focused, collaborative and informative. As a participant you join via video and – thanks to a chaired and moderated discussion – take away actionable ideas to implement within your business and with your customers.


Prior to the virtual meeting taking place, each attendee is interviewed to understand their interests and perspective. Those who register early will also contribute towards the insight report, which will be published prior to the virtual meeting and will be the focus of the discussion.


The Team

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James Harris

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Georgina Hayes

Club Director
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Philippa Brown

Research Director

Camilla Jørgensen

Research Director

George Parry

Research Director
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Elle Brasier

Operations Manager

If you have a question about attendance, please contact me:


Georgina Hayes

Club Director, Change Makers Club


Tel: +44 (0) 20 3322 6788

Email: ms@changemakersclub.com

Address: 18-20 Huntsworth Mews, Marylebone NW1 6DD