Legacy data technology is out of time

You deserve data technology that has your back. Agile, cost-efficient, low-risk and ready for the next innovation. Legacy tech is anything but. It’s expensive, inflexible and incompatible with the needs of a modern business.

Discover more about the challenges of legacy technology, and how you too can wake up to data you can trust.

How legacy tech lets you down

Operations teams dealing with legacy technology face many challenges. Tools like on-premise reconciliation software lack agility, are expensive and often introduce risk.

On-premise technology has an agility problem

Read article

The hidden costs of your on-premise software

Read article

Top complaints about on-premise reconciliation tech

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Legacy technology vs cloud-platforms

The leading financial firms are moving away from legacy and on-premise reconciliation technology to modern operational data automation solutions. These harness the power of the cloud to deliver a Software-as-a-Service model (SaaS).
And when you look at the two approaches side-by-side, it’s not hard to see why the industry is switching.

Legacy
technology

vs

Cloud
platforms

Legacy technology

Cloud platforms

Deployment
24 server

Usually lives in your data centre; requires IT management of hardware. You pay for everything
24 cloud sync

Cloud-native; no infrastructure needed. Vendor is responsible for hardware costs, maintenance and upgrades
Implementation

Live in months; slow time to value
24 bolt speed

Live in weeks; faster time to value
User configuration
24 code

Requires technical or vendor resources; slow and costly to make changes
24 sliders 2

Frequently low/no-code, which empowers business users and improves agility
Automation & matching
24 file pen

Rule-based, with limited automation. Unable to keep AI models up-to-date
24 sparkle 3

Frequently heavily automated and/or AI-powered. Able to train and utilise latest AI models
Exception management
24 list tree

Manual workflows and custom configurations
24 squares connected

Look for: built-in workflow, case management, and auto-assignment for faster resolution times
Data ingestion
24 filter

Requires structured input and preprocessing
24 file star

Accepts diverse formats (CSV, Excel, JSON, XML, etc.) with no pre-work; faster data onboarding

Hear from the firms who’ve made
the move to the cloud

Leading firms are already enjoying the competitive advantages of faster, smarter,
more robust Operations powered by the cloud.

We took out one of the biggest legacy systems in favour of Duco and we're saving €2.5m annually; €1m on software, €1m on hardware and €500,000 on people."

Head of Regulation and Recs IT
Global investment bank

My team was super excited to have a new technology that would provide a very different perspective on operations. Instead of doing the same things, they now have the power to find solutions."

AVP, Operations
Tier one asset manager

Virtual Event
Change your legacy:
Wake up to control, speed and scale

Want to know more about the downsides of on-premise technology?
Ready to move but not sure how? Want to ensure you’re ready to leverage the latest AI innovation?

Join Duco experts for a live webinar to explore all this and more.
Come along and ask your legacy technology, cloud platform and migration questions.

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