Credit union legacy systems: More like airplanes than dinosaurs

by: Brad Powell

Credit unions often ask me if they can achieve the results they need by modernizing their existing system, or will they need to throw out the old one and bring in something entirely new. So I found this article by OnApproach interesting because it compared legacy systems to dinosaurs.The piece said “legacy systems are a hindrance” for credit unions, and “keeping these dinosaurs alive is a huge resource drain.”

I would propose that you can understand legacy systems better with a different analogy – instead of comparing them to prehistoric life forms, let’s compare them to airplanes.

How Do Airlines Manage Airplanes?

Do you feel safe flying? The reason I ask is that the United States has some of the oldest commercial aircraft in the world. Why are they so old?

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